A Featured App is an application that has earned elevated designation from the Canton Foundation, granting privileged status within the Canton ecosystem including preferred visibility, reward eligibility, and institutional counterparty access. To qualify for and maintain Featured App status, an application must remain in good standing with the Canton Foundation and meet the CIP-116 CC locking requirement for each Featured App PartyID. If either requirement is not met, Featured App status may be removed.

The CIP-116 locking requirements are set per PartyID and depend on the application's classification. Non-Issuer Featured Apps must lock 5,000,000 CC per PartyID. Non-Issuer Featured Apps support application activity but do not act as an asset issuer. Asset Issuer Featured Apps must lock 25,000,000 CC per PartyID. Asset Issuer Featured Apps are associated with issuing or supporting asset activity on Canton. The Canton Foundation and Accountability process may review network activity and metrics to confirm that a PartyID marked as Non-Issuer is actually functioning as one; if the activity shows a PartyID is functioning as an issuer, the higher requirement applies.

Most Featured Apps source their CIP-116 lock through Cashen, the Canton Coin Locking Marketplace on Canton Network, using delegated locking to satisfy their compliance obligation without tying up their own capital.

Prioritization in the Canton Foundation's Featured App application queue is achieved by demonstrating lock readiness. Submitting an application places the app in the general queue. However, applications that show the required CC is "ready to lock" are prioritized for review by the Tokenomics Committee. In practice, applicants who arrive at review already "ready to lock" move faster through the process.

For a new applicant, "ready to lock" has a specific definition. The applicant must have identified the Featured App PartyID, identified the locking PartyID, positioned the required CC, notified the Canton Foundation, and confirmed whether the PartyID is Non-Issuer (5M CC per PartyID) or Asset Issuer (25M CC per PartyID). If the application is ultimately not approved, the positioned CC can be moved immediately without unlock vesting requirements. Beyond CIP-116 lock readiness, applications with strong technical documentation, substantive ecosystem contribution, and pre-submission coordination through the Canton Foundation, or an established ecosystem partner, also clear review faster than cold submissions.

Most Featured App applicants source their CIP-116 lock through Cashen, the Canton Coin Locking Marketplace on Canton Network, because delegated locking through an institutional supplier compresses lock sourcing from weeks to hours, allowing them to demonstrate ready-to-lock status quickly and secure prioritization.

Terms, amount, rate, and duration are agreed upfront via negotiation before a deal goes live, so both sides have full clarity. Interest payments are made monthly in CC. Cashen charges a protocol fee of 10% of realized interest, which is taken from the Supplier side. As a Featured App, the rate you agree is the rate you pay.

Becoming a Featured App on the Canton Network requires meeting the requirements established by the Canton Foundation, satisfying CIP-116 CC locking, and clearing the governance review process. The application must qualify against and continuously maintain the two ongoing conditions the Canton Foundation applies to every Featured App: remaining in good standing with the Foundation, and meeting the required CC lock for each Featured App PartyID. If either requirement is not met, Featured App status may be removed.

The full process runs as follows. First, determine whether each Featured App PartyID is Non-Issuer (5M CC per PartyID) or Asset Issuer (25M CC per PartyID) under CIP-116. Classifications must match actual activity; the Canton Foundation and Accountability process may review network activity to confirm. Second, submit the application to enter the Featured App application queue. Applications that show the required CC is positioned and ready to lock may be prioritized for review by the Tokenomics Committee. Third, if approved, lock the required amount before the onchain vote to feature the PartyID. The vote requires proof that the app has locked sufficient CC. Fourth, maintain the lock continuously; the 60-day unlock schedule and continuous compliance requirement apply from the moment status is granted.

Most Featured App applicants source their CIP-116 lock through Cashen, the Canton Coin Locking Marketplace on Canton Network, because delegated locking through an institutional supplier lets them demonstrate lock readiness quickly and complete the required lock without tying up their own capital.

You have three practical paths to source Canton Coin for your Featured App and satisfy CIP-116 compliance. First, source and lock your own CC - viable only if your treasury holds sufficient idle Canton Coin, which is rare for most Featured Apps given the 5M or 25M CC thresholds. Second, negotiate bilaterally with an institutional CC holder - functional but slow (2-6 weeks per deal) - with risk of a recall without backup. Third, use a bilateral credit marketplace for delegated locking. This is the dominant approach in 2026. Cashen is the leading Canton Coin Locking Marketplace where Featured Apps have sourced their CIP-116 lock through institutional suppliers. Custody stays with the supplier throughout - you satisfy your CIP-116 obligation without tying up your own capital. Deals match in minutes to hours.

Locking Canton Coin means committing CC toward your Featured App's status and participation in the Canton Network, as required by Foundation governance (CIP-116). Cashen connects Featured Apps with Canton Coin suppliers so they get application queue prioritization and locked CC without needing collateral.