- ADD_CHAIN138_TO_LEDGER_LIVE: Ledger form done; public code review repo bis-innovations/LedgerLive; init/push commands - CONTRACT_DEPLOYMENT_RUNBOOK: Chain 138 gas price 1 gwei, 36-addr check, TransactionMirror workaround - CONTRACT_*: AddressMapper, MirrorManager deployed 2026-02-12; 36-address on-chain check - NEXT_STEPS_FOR_YOU: Ledger done; steps completable now (no LAN); run-completable-tasks-from-anywhere - MASTER_INDEX, OPERATOR_OPTIONAL, SMART_CONTRACTS_INVENTORY_SIMPLE: updates - LEDGER_BLOCKCHAIN_INTEGRATION_COMPLETE: bis-innovations/LedgerLive reference Co-authored-by: Cursor <cursoragent@cursor.com>
5.6 KiB
GRU M1 Master Implementation, Testing & Dry-Run Plan
Last Updated: 2026-01-31
Document Version: 1.0
Status: Active Documentation
Executive Objective
This master plan defines the end-to-end implementation, testing, and dry-run simulation framework for launching and validating GRU M1 compliant settlement instruments (cISO(C/T)) and their public listings on CoinMarketCap (CMC) and CoinGecko (CG).
The plan is designed to:
- Ensure successful third-party listing approval
- Validate data integrity under real-world market conditions
- Prevent misclassification, delays, or red flags
- Produce auditable evidence suitable for institutional, banking, and sovereign review
This document assumes:
- All
cISO(C/T)instruments are GRU M1 - All are externally classified as stablecoins / fiat-pegged assets
- CMC/CG methodology is authoritative for public market representation
Phase I - Canonical Definition & Governance Lock
1.1 Naming & Symbol Registry (Authoritative)
Establish and freeze the canonical naming standard:
Symbol: c + ISO-4217 + (C | T)
Examples:
- cUSDC - Compliant USD Coin
- cUSDT - Compliant USD Token
- cEURC - Compliant EUR Coin
Governance Lock:
- No symbol changes post-submission
- One ISO code = one unit of account
cexplicitly denotes compliance, not wrapping
Deliverables:
- Symbol registry table
- Naming rationale memo (1 page)
1.2 External Classification Mapping (CMC/CG-Facing)
| Internal Reality | External Representation |
|---|---|
| GRU M1 | Stablecoin / Fiat-Pegged |
| Coin (C) | Native coin |
| Token (T) | Contract token |
Rules:
- Never reference GRU layers in listing forms
- Never claim reserve status or dominance exemption
Deliverables:
- External classification matrix
- Reviewer-safe terminology glossary
Phase II - Issuance Architecture & Supply Controls
2.1 Mint/Burn & Supply Disclosure
Define and document:
- Mint authority
- Burn authority
- Reserve backing logic
- Circulating vs non-circulating supply
Required fields (CMC/CG):
- Circulating supply
- Total supply
- Max supply (if applicable)
Deliverables:
- Supply mechanics diagram
- Mint/burn policy
- Reserve attestation summary
2.2 Price & Peg Integrity Model
Peg assumptions:
- Target price = 1.0000 (unit of account)
- Allowed variance band defined
Controls:
- Redemption mechanism
- Market-making logic (if any)
- Emergency peg defense policy
Deliverables:
- Peg maintenance memo
- Stress scenarios
Phase III - CMC & CoinGecko Listing Preparation
3.1 Listing Application Package
Prepare separate but aligned applications for CMC and CG:
Core components:
- Project description (reviewer-safe)
- Explorer links
- Contract / chain data
- Supply verification documentation
- Contact & legal entity info
Deliverables:
- CMC application draft
- CoinGecko application draft
3.2 Red-Flag Avoidance Checklist
Explicitly avoid:
- "Algorithmic stablecoin" language
- Yield or rebasing claims
- Synthetic or derivative framing
Required language:
- "Fiat-referenced settlement instrument"
- "Mint-and-burn against reserves"
Deliverables:
- Red-flag checklist
- Approved description text
Phase IV - Pre-Listing Simulation & Dry-Runs
4.1 Internal Sandbox Environment
Simulate:
- Mint events
- Burn events
- Transfers
- Explorer indexing
- Supply updates
Metrics monitored:
- Supply consistency
- Explorer lag
- Indexer visibility
Deliverables:
- Sandbox logs
- Supply reconciliation report
4.2 Market Data Simulation (Real-World Feeds)
Use live market data to simulate:
- Stablecoin dominance impact
- Total market cap inclusion
- BTC/ETH dominance shifts
Scenarios:
- Normal market
- High volatility
- Stablecoin expansion
Deliverables:
- Dominance impact model
- Time-series charts
Phase V - Post-Listing Monitoring & Validation
5.1 Live Data Verification (T+1 / T+7 / T+30)
Check:
- Price correctness
- Supply correctness
- Category tagging
- Market cap calculation
Deliverables:
- Verification checklists
- Screenshot evidence
5.2 Incident Response Playbook
Triggers:
- Peg deviation
- Supply mismatch
- Misclassification
Actions:
- Immediate disclosure
- Indexer communication
- Corrective data submission
Deliverables:
- Incident response SOP
Phase VI - Audit, Reporting & Institutional Readiness
6.1 Audit-Ready Artifacts
Produce:
- Full methodology
- Supply attestation history
- Listing correspondence
6.2 Optional Enhancements
- Ex-M1 dominance dashboards
- Internal GRU balance sheet views
- Regulator-ready disclosure packs
Final Readiness Gate (Go / No-Go)
Launch proceeds only if:
- All dry-runs pass
- No unresolved red flags
- CMC & CG reviewers confirm understanding
Related Documentation
- GRU M1 Real-Data Dominance Addendum
- GRU M1 Listing Dry-Run Runbook
- CoinGecko Submission Guide
- Chain 138 Token Addresses
- CMC & CoinGecko Reporting
Closing Statement
This master plan ensures that GRU M1 instruments are launched, listed, and monitored with the same rigor applied to institutional payment rails, while remaining fully compatible with public crypto market data platforms.