We are sharing a draft CIP for discussion before opening a pull request.
The proposal is that locked Canton Coin confers a direct, proportional claim on synchronizer throughput, denominated in absolute bytes per epoch and fixed for the term. Entitlement is sold by auction against a conservative capacity floor and separated into a tradeable utility strip and a capital strip. Issuance becomes a function of the commitment ratio rather than of elapsed time. Under CIP-0105 and CIP-0116, locked CC already buys eligibility; this proposal makes it buy the resource.
If adopted, it would deprecate the CIP-0104 reward attribution, the CIP-0098 reward cap, the CIP-0084 price recommendation and round-based minting. It is in tension with CIP-0120 on validator funding, and the draft says so.
Draft: https://github.com/dark-sole/cips/tree/draft-tokenisys-capacity-rights
Scripts that reproduce every figure (no dependencies): https://github.com/dark-sole/canton-capacity-rights
Comments welcome here before the PR is opened.
Daryn