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Update cip-0077.md#207

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Update cip-0077.md#207
ClementineDrouot wants to merge 1 commit into
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ClementineDrouot:patch-1

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PR: CIP-0077 Adoption Bonus timing / milestone recognition

This Pull Request (PR) proposes an adjustment to the Adoption Bonus timing/milestone recognition criteria under CIP-0077 to better reflect the realities of Tier-1 financial institution onboarding and Canton ecosystem dependencies.

Background

Taurus has multiple confirmed G-SIB / Tier-1 institutional projects progressing toward issuance/tokenization on Canton. These projects are active, resourced, and in execution phases, but their delivery timelines extend beyond the current May 10th 2026 Adoption Bonus deadline.

The delays are not linked to lack of adoption or execution from Taurus, but to structural institutional and ecosystem dependencies encountered during implementation.

Rationale for our ask

  • New technical recommendation released 4 months after Taurus delivery. Recommended Wallet features to support interacting and trading with Tokenized Assets – released in March 2026 with recommended implementation timeline until May 21st ie. post our own adoption deadline.
  • Banking clients need to onboard Canton as a 3rd party. At least one large client needs to go through TPRM (Third-party risk management with Canton) to onboard the Canton Registry App.
  • CIP-103 implemented by Taurus (CIP-56 insufficient for some client use cases).
  • Client not familiar with DAML creating delay for any Canton token issuance but most importantly missing features in Utilities package (clawback & freeze of an asset)

These dependencies materially impacted timelines and are typical of Tier-1 / G-SIB production deployments.

Proposed adjustment

We propose:

  • Extend the Adoption Bonus deadline to December, 31st 2026
  • Increase the TVL target to increase Canton adoption (from 1M$ to 2M$)

Signed-off-by: ClementineDrouot <clementine.drouot@taurushq.com>
@waynecollier-da
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@hythloda This one will need to go to the Accountability Committee.

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