Proposal for the creation of a new SNS for the CYCLES-TRANSFER-STATION

[icpp]

Is this a scenario where I can use CTS?

• I get paid in cycles
• I send these cycles to CTS
• I can exchange them for ICP

I am pretty sure this is possible, but I wanted to highlight this scenario because of the fact that cycles are such a low friction mechanism to get paid for services. The Open Value Sharing protocol implemented on IC will also be based on cycles.

Allow canister to query its own cumulative cycle consumption

I’m building out a protocol called Open Value Sharing (previously called Cycle Compensation or Cycle Sharing). You can read more about the foundations of the idea here: Cycle Compensation To get an MVP working, the idea is for Azle to set a timer off on init/post_upgrade of a canister. Keep in mind that this needs to be a general-purpose solution. Azle will be providing this functionality automatically for all Azle canisters. The timer will go off on some period, like every day. When the time…