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Co-authored-by: Cursor <cursoragent@cursor.com>
2026-02-12 15:46:57 -08:00

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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
  • c explicitly 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


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.