Canton Coin CC Rewards: Understanding the Emission Structure
Canton does not have passive staking yield. CC rewards flow to active participants — applications, Super Validators, and users who transact. This guide explains the emission structure and how to estimate what each participant type earns.
Canton Coin Reward Calculator
Estimates based on 4.3% base APY and CC price of $0.1413. Actual rewards vary with network participation, validator performance, and CC price. Not financial advice.
How Canton Coin Rewards Actually Work
Canton Coin is minted every ~10 minutes in "rounds" and distributed to active network participants. Unlike proof of stake blockchains where rewards flow primarily to token holders who delegate to validators, Canton's reward model prioritizes network utility. The 2026 distribution:
| Participant | Share | What It Takes |
|---|---|---|
| Applications | 62% | Deploy Daml apps generating transaction volume |
| Super Validators | 20% | Operate Global Synchronizer infrastructure |
| Users | 15% | Actively transact on Canton applications |
| Infrastructure | ~3% | Run additional network infrastructure |
Super Validator Rewards and CIP-0105 Locking
Super Validators — the 45+ institutions operating the Global Synchronizer including Goldman Sachs, DTCC, JPMorgan (Kinexys), and Visa — receive 20% of each CC reward round. The top 13 SVs hold over 20 billion CC (~$3B value). Their share decreases gradually until mid-2029.
CIP-0105 (approved March 2, 2026) introduced voluntary CC locking: SVs who permanently lock 70% of their lifetime earned CC retain 100% of their governance voting weight. Full adoption by major SVs would lock approximately $2.1 billion from circulation permanently. This is voluntary and specific to Super Validators — regular validators have no locking requirement.
User Rewards: Earn by Transacting
Users who actively transact on Canton applications share the 15% user reward pool each round, proportional to their activity. There is no lockup, no minimum amount, and no delegation required. The more you use Canton applications — Cantex DEX, lending protocols, asset settlement — the more user rewards accumulate.
The Burn Side: Fee Destruction
All transaction fees paid in CC are permanently burned — approximately $900,000 worth per day at current volumes. This burn offsets ongoing minting and creates supply scarcity proportional to network usage. As Canton's $8 trillion monthly volume grows, daily burn volumes increase, strengthening the burn and mint equilibrium.
For a complete breakdown of Canton's token economics, see our tokenomics guide. For DeFi yield opportunities on Canton beyond protocol rewards, see our DeFi yield guide.