Canton Network Dev Fund Governance Approved
CIP-0100: Development Fund Governance Update ๐
CIP-0100 is now approved, formalizing how Canton Networkโs 5% Development Fund (CIP-0082) is governed.
The fund is administered by the Canton Foundation Tech & Ops Committee with a clear process for:
- Proposal submission
- Milestone-based grants
- Ongoing accountability
Transparency & Reporting ๐
You can expect:
- Quarterly public reporting on receipts, balances, commitments, disbursements, and outcomes
- Annual independent audit/attestation of the fund
How Funding Works ๐ง
Funding is designed to be earned through delivered milestones:
- Recipients mint CC directly when milestones are verified
- Funds do not route through the Foundation
Long-Term Goal ๐ ๏ธ
The goal is simple:
Sustain long-term investment in core protocol R&D, developer tooling, security, audits, and ecosystem infrastructure that compounds utility over time. @Announcements
