Hello,
Please see the CIP below open for discussion:
CIP: CIP 00XX
Title: Add Fireblocks as an SV of Weight 5
Author: Eric Saraniecki
Status: Draft
Type: Governance
Created: 2025-07-30
License: CC0-1.0
Abstract:
Add Fireblocks as an SV of Weight 5
About Applicant:
The world of digital assets is accelerating in speed, magnitude, and complexity, opening the door to new ways for leveraging the blockchain. Fireblocks’ platform and network provide the simplest and most secure way for companies to work with digital assets and is trusted by some of the largest financial institutions, banks, globally-recognized brands, and Web3 companies in the world, including BNY Mellon, BNP Paribas, ANZ Bank, Revolut, and thousands more.
Stats:
-
> 2000 Customers
-
> $10 trillion in transactions
-
> 300m wallets secured
Deliverables for full SV Reward:
|
Deliverable |
Acceptance Criteria |
Deadline |
Weight Earned |
|
Fireblocks wallet support for Canton Token Standard |
* Fireblocks customers can self custody any asset on the Canton Network that adheres to the Canton Token Standard |
+ 180 Days from CIP Approval |
1 |
|
Acceleration Bonus |
+0 Bonus if delivered +180 Days from SV CIP Approval +2 Bonus if delivered +60 Days from SV CIP Approval Linear sliding scale between +60 and +180 days Example: If delivered in +120 days, Fireblocks is awarded +1 SV Weight * At least one Fireblocks customer must be live, having completed a transaction on MainNet |
+ 180 Days from CIP Approval |
Max 2 |
|
Adoption Bonus |
* Driving adoption of Canton with existing customers of Fireblocks |
+ 180 Days from Wallet Support going live |
+ 0.5 per $1.5b of assets transferred up to a maximum of +2 |
SV Mechanics:
-
An ‘representative’ SV will be setup by the GSF with an SV Weight at the maximum earnable weight in this CIP
-
The Applicant is responsible for all costs associated with the operation of the representative SV
-
The representative SV will NOT mint rewards on a block by block basis
-
All representative SV rewards will go to the Unclaimed Rewards pool
-
Applicant is required to present proof of successful completed milestones to the Tokenomics Working Group
-
Applicant is required to present a calculation for number of Canton Coin it should earn for meeting the requirements of the milestone
-
If the Tokenomics Working Group agrees the milestone has been met and agrees with the calculation, an announcement will be sent via the Tokenomics-Announce mailing List
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⅔ of Super Validator Operators will then assign a portion of the Unclaimed Rewards to be minted by the Applicant’s Validator
-
⅔ of the Super Validator Operators will update their configurations to allow Applicant to takeover a portion of their SV Weight on a go-forward basis
-
If any milestones and associated rewards are not achieved by the deadline
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Applicant will be notified they have not met a deliverable by the GSF
-
Remaining SV Weight on the representative SV will be removed from the SV Operator configs
-
The Tokenomics Working Group will make a recommendation to the SVs on what to do with the Unclaimed Rewards
-
Applicant is subject to CIP-0045 : SV Operating Requirements
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If, at any time, the Applicant has been rewarded SV Weight > 2.5, they are required to operate their SV within 6 months of crossing that Weight