Abstract
- Add Layer Zero, Wormhole, and Chainlink as SVs at Weight 3 each
- Create a bonus pool of Weight 5
Motivation
Building cross-chain bridges is difficult to do well. There are large investments in engineering, testing, and security audits to get it right. Accordingly, each bridge operator should be fairly compensated for their investment to connect to Canton.
In addition, it is common for one bridge to be considered the ‘preferred’ option of the chain. This can sometimes be expressed by giving that bridge the right to use the common name form of the bridged asset. For example, the ‘preferred’ version of bridged ETH on Canton could be referenced as ETH as opposed to ETH.link (Chainlink bridged ETH). In Canton, we have the option to grant the ETH Canton Naming Service registration to one of the bridges and that would create a similar outcome.
In this CIP, all three bridge options are being offered equivalent deals for supporting Canton. This CIP also introduces incentives for the bridge that deploys to production first and the one that hits scale first.
About Applicants in their own words:
Chainlink
- Chainlink is the global standard for connecting blockchains to real-world data, other blockchains, governments, and enterprise systems. Chainlink powers critical use cases across DeFi, banking, tokenized real world assets (RWAs), cross-chain, and more, and is widely adopted by major financial institutions, national governments, and top DeFi protocols, including Swift, DTCC, Monetary Authority of Singapore, Euroclear, Central Bank of Brazil, Fidelity International, UBS, Aave, GMX, Lido, and many more.
- In the Web3 space The Chainlink platform has operated in production for over half a decade and has secured over $75B+ in DeFi TVL at its peak and has enabled over $20 trillion in transaction value enabled as of March 2025. With 300+ engineers and dedicated monitoring teams, Chainlink Labs is uniquely positioned to offer the depth of support and execution strength needed to operate secure cross-chain and data systems at scale.