Capital locked with a Canton validator returns a receipt.
The receipt moves. The underlying keeps working.
Commit capital to a validator today and it does one job.
It sits behind that validator's operations until you withdraw it. Nothing else can use it while you wait.
Nevos is a bilateral Daml contract between you and a validator operator.
You commit capital. The operator names you as a party to a defined share of what that capital earns.
The receipt is not the capital. It is a claim on what the capital produces.
Every Daml contract has a signatory. Every one has a named owner. Nevos gives that ownership a second life as a tradable instrument.
Canton has no delegation mechanism today, and no protocol-level staking yield. There is no APY to quote you here.
What exists is validator revenue: Canton Coin earned for operating infrastructure, and for measurable application usage, under a burn-and-mint model that mints rewards from real activity rather than inflation alone.
Nevos lets an operator share a defined slice of that revenue with the capital behind them, in a contract you can read before you sign it.
That share is set bilaterally, operator by operator. It is not a network-wide rate. It moves with the operator's performance, and it can be zero.
[FORWARD-LOOKING] This structure has no long operating history on Canton mainnet. Read every claim on this page as a design, not a track record.
Every Daml contract names its signatories. A revenue-share agreement is not a workaround here. It is the native shape of the ledger.
The Global Synchronizer sequences transactions without decrypting them. Your revenue-share terms stay between you and your operator.
Two-phase commit means the receipt and the underlying claim move together, or not at all.
DTCC is tokenizing Treasuries on Canton. Broadridge runs repo on it. Nevos is built for validators operating in that environment, not a future one.
Your return depends on one validator's performance. Validators underperform. Some will fail outright.
The revenue share is a private contract, not a network-wide yield. It can be renegotiated, reduced, or wound down on the terms the contract sets.
The receipt trades on secondary markets Nevos does not control. It can trade below the value of the claim it represents.
This structure has no long operating history on Canton. Treat it accordingly.
Daml templates can contain errors. Audits reduce this risk. They do not remove it.
Capital committed to a validator is not insured. It can be lost.