CIP-56

Certified

Canton Improvement Proposal 56: Wallet Integration & Reward Distribution

What is CIP-56?

CIP-56 is a standard for wallet integration and reward distribution on Canton Network. Grofty implements CIP-56 to enable seamless wallet operations and earn rewards from the DSO (Decentralized Synchronization Operator).

Standardization

Common interface for all wallets

Interoperability

Wallets work across applications

Incentivization

Reward wallet operators

Transparency

Clear reward distribution rules

Reward Mechanism

How rewards work in CIP-56:

User makes transaction

Through Grofty wallet

WalletUserProxy processes

Transaction executed on Canton

Activity marker created

FeaturedAppActivityMarker tracks usage

DSO distributes rewards

Monthly to Grofty operator wallet

Grofty shares with users

40% to users, 40% operations, 20% development

Activity Types & Rewards

Transfer

Standard token transfer

1.0x

Pool Deposit

Add liquidity to pool

2.0x

Pool Withdrawal

Remove liquidity

1.5x

Swap

Token swap transaction

1.2x

Stake

Staking tokens

2.5x

Vote

Governance voting

1.8x

Compliance Requirements

Technical

Implement WalletUserProxy
Support all activity types
99% uptime
<5s transaction processing

Security

Non-custodial architecture
Encrypted key storage
Secure transaction signing
Regular security audits

Reward Calculation Example

Monthly Reward = Base Reward × Activity Multiplier × Quality Score

Example:
- 10,000 transactions/month
- Activity Multiplier: 1.5
- Quality Score: 0.95

Reward = (10,000 / 1,000) × 100 × 1.5 × 0.95
       = 1,425 CC per month

Base Reward: 100 CC per 1,000 transactions

Grofty is CIP-56 Certified

Grofty is fully compliant with CIP-56 standards and actively earning rewards for users.