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Development Fund Proposal: FractiFi — Tokenized Bank-Deposit Reference Implementation (Daml)#496

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Development Fund Proposal: FractiFi — Tokenized Bank-Deposit Reference Implementation (Daml)#496
szhygulin wants to merge 1 commit into
canton-foundation:mainfrom
szhygulin:fractifi-tokenized-deposit-reference-implementation

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@szhygulin

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Development Fund Proposal Submission

Proposal file: /proposals/2026-07-FractiFi-tokenized-deposit-reference-implementation.md


Summary

FractiFi proposes an open-source Daml reference implementation of a 1:1-backed tokenized bank-deposit template on Canton (mint / redeem / transfer + on-ledger reserve attestation), porting a design already validated on Ethereum Sepolia into Canton-native Daml. It gives the ecosystem a documented, reusable reference for bank-grade deposit tokens with a live, auditable backing invariant.


Checklist

  • Proposal file added under /proposals/
  • Milestones and funding amounts defined
  • Acceptance criteria included
  • Alignment with Canton priorities described

Notes for Reviewers

Opened as a draft. FractiFi is finalizing (1) the exact funding figure, (2) the Canton receiving party ID, and (3) a SIG Champion before requesting review — early feedback on scope/fit for the token-asset-standards SIG is very welcome in the meantime. FractiFi operates a live Canton validator on DevNet and a public Ethereum Sepolia PoC (demo.fracti.fi).

@github-actions

github-actions Bot commented Jul 6, 2026

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@szhygulin, thank you for your interest in the Canton Development Fund!

Your proposal needs a valid Tech & Ops Committee champion organization. The champion field is either empty, contains placeholder text, or names an organization that is not a current Tech & Ops Committee member.

Per CIP-0100, all external proposals require a Tech & Ops Committee champion.

Next steps:

  1. Identify a Tech & Ops Committee member organization willing to champion your proposal
  2. Update the Champion field with their name
  3. Reopen this PR

If you need help finding a champion, reach out to SIGs or any Tech & Ops Committee member.

This PR is being closed automatically. You are welcome to reopen it once a champion is confirmed.

@github-actions

github-actions Bot commented Jul 6, 2026

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SIG labels auto-detected and applied: dapp-integration, token-asset-standards

If this is incorrect, you can ask the reviewers to update the labels.

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