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Proposal: Commodity Reserve Infrastructure — Daml Contracts and Proof-of-Reserves for Physical Asset-Backed Tokens

OPENPull Request
by piffie15-03-2026Needs Revision
1.4M CC requested
References:CIP-0056

Development Fund Proposal Submission

Proposal file: /proposals/commodity-reserve-infrastructure.md

Summary

Open-source Daml contracts and Proof-of-Reserves tooling for physically-backed commodity tokens on Canton. Delivers five modules: a CIP-56-compatible minimal token, multisig mint/burn controller using Daml's native multi-party agreement pattern, an Authorized Participant queue with atomic USDCx settlement, a multi-oracle NAV and collateralization module and a management interface.

Canton has treasuries (DTCC), deposit tokens (JPM Coin), and money market funds — but no standardized infrastructure for physical commodity assets. This proposal fills that gap with reusable, open-source tooling (Apache 2.0) that any project can fork for gold tokens, agricultural commodities, or other custodied physical assets.

ARU (Acua Reserve Unit) — a 100% physically-backed commodity reserve token, Swiss/Singapore custody, and oracle feeds — serves as the live reference deployment.

Champion: Canton Foundation Author: Hawkrel Limited (ARU) Architect: Christoph Richter Funding request: 1,400,000 CC across 3 milestones over 5.5 months Website: [www.arureserve.com](https://www.arureserve.com)

Checklist

  • [x] Proposal file added under proposals/
  • [x] Follows the Development Fund proposal template structure
  • [x] Milestones and deliverables clearly defined
  • [x] Funding denominated in Canton Coin (CC)
  • [x] All deliverables are open-source (Apache 2.0)
  • [x] Champion identified