90 lines
3.1 KiB
Markdown
90 lines
3.1 KiB
Markdown
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# GRU M1 Listing Validation
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**Last Updated:** 2026-01-31
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**Document Version:** 1.0
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**Status:** Active Documentation
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---
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## Purpose
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This document defines **acceptance gates and validation criteria** for GRU M1 compliant settlement instruments (cUSDC, cUSDT, cEURC, etc.) prior to and after listing on CoinMarketCap (CMC) and CoinGecko (CG).
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---
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## Hard Gates (Acceptance Criteria)
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| Metric | Threshold | Rationale |
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| ------ | --------- | --------- |
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| **Peg Deviation** | ≤ ±0.50% | Target price = 1.0000; variance band for operational tolerance |
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| **Recovery Time** | ≤ 24 hours | Time to return to peg band after stress event |
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| **Supply Reconciliation Error** | 0 | On-chain supply must match attested supply exactly |
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| **Unexplained Variance** | None | No unexplained supply changes; full audit trail |
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**Failure of any gate:** Corrective action required before listing or scaling. No exceptions.
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---
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## Pre-Listing Validation
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### Dry-Run Requirements
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1. **Dominance Simulation** — Complete S0–S5 scenarios; archive results
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2. **Peg Stress-Test** — All P1–P6 tests pass per instrument
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3. **Supply Check** — On-chain supply reconciled with attestation
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### Documentation Requirements
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- Symbol registry table (frozen)
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- External classification matrix
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- Mint/burn policy
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- Reserve attestation summary
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- Peg maintenance memo
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**See:** [GRU M1 Master Implementation Plan](../gru-m1/GRU_M1_MASTER_IMPLEMENTATION_PLAN.md)
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---
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## Post-Listing Validation
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### T+1 / T+7 / T+30 Checks
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| Checkpoint | Price | Supply | Category | Market Cap |
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| ---------- | ----- | ------ | -------- | ---------- |
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| T+1 | Correct | Correct | Stablecoin/Fiat-Pegged | Correct |
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| T+7 | Correct | Correct | Correct | Correct |
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| T+30 | Correct | Correct | Correct | Correct |
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### Incident Triggers
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| Trigger | Action |
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| ------- | ------ |
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| Peg deviation > ±0.50% | Immediate disclosure; indexer communication |
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| Supply mismatch | Corrective data submission; pause if critical |
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| Misclassification | Corrective data submission to CMC/CG |
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**See:** [GRU M1 Listing Dry-Run Runbook](../runbooks/GRU_M1_LISTING_DRY_RUN_RUNBOOK.md)
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---
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## Compliance Cross-Reference
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This validation framework supports:
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- **Regulatory Compliance** — Auditable evidence for institutional, banking, and sovereign review
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- **Operational Compliance** — Runbooks, incident response, recovery procedures
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- **Financial Compliance** — Transaction logging, balance tracking, attestation
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**See:** [Compliance Tracking](COMPLIANCE_TRACKING.md)
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---
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## Related Documentation
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| Document | Path |
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| -------- | ---- |
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| GRU M1 Master Implementation Plan | [docs/gru-m1/GRU_M1_MASTER_IMPLEMENTATION_PLAN.md](../gru-m1/GRU_M1_MASTER_IMPLEMENTATION_PLAN.md) |
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| GRU M1 Listing Dry-Run Runbook | [docs/runbooks/GRU_M1_LISTING_DRY_RUN_RUNBOOK.md](../runbooks/GRU_M1_LISTING_DRY_RUN_RUNBOOK.md) |
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| Peg Stress-Test Worksheet | [docs/gru-m1/PEG_STRESS_TEST_WORKSHEET.md](../gru-m1/PEG_STRESS_TEST_WORKSHEET.md) |
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| GRU M1 Real-Data Dominance Addendum | [docs/gru-m1/GRU_M1_REAL_DATA_DOMINANCE_ADDENDUM.md](../gru-m1/GRU_M1_REAL_DATA_DOMINANCE_ADDENDUM.md) |
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