{
  "schemaVersion": 1,
  "phaseId": "P07.6",
  "contractId": "AGI-GOVERNANCE-FORWARD-PRICING-001",
  "version": "1.0.0",
  "generatedAt": "2026-09-17T12:26:42.778Z",
  "status": "ARMED_BLOCKED_BY_SHADOW_PROPOSAL",
  "decision": "WAITING_FOR_HASH_SEALED_SHADOW_PROPOSAL",
  "lineage": {
    "contractHash": "0cc47286d0f22490a6fd416865849f5782acc4e5f6cf46512b97784ec99a6f45",
    "shadowExpectedValueHash": "15394e8a5919153021f587835b4eff9740713b11fac230a986f0092260c99a43",
    "shadowProposalHash": null,
    "valuationDistributionHash": null,
    "riskCostMapHash": null,
    "independentReviewHashes": [],
    "governanceReceiptHash": null,
    "forwardPricingWindowHash": null
  },
  "reviewPolicy": {
    "requiredScopes": [
      "EVIDENCE_INTEGRITY",
      "RISK_CAPACITY"
    ],
    "decisionSet": [
      "APPROVE",
      "REJECT",
      "DEFER"
    ],
    "reviewerClass": "INDEPENDENT",
    "minimumApprovalsForGovernanceApproval": 2,
    "uniqueReviewersRequired": true,
    "reviewerMustDifferFromProposalProducer": true,
    "exactProposalAndLineageHashesRequired": true,
    "reviewTimestampMustNotPrecedeProposal": true
  },
  "governancePolicy": {
    "decisionSet": [
      "APPROVE",
      "REJECT",
      "DEFER"
    ],
    "authorityPrefix": "github:",
    "scope": "SHADOW_RESEARCH_ONLY",
    "approvalRequiresEveryReviewScopeApproved": true,
    "decisionMustNotPrecedeLatestReview": true,
    "publicRationaleMinimumCharacters": 20,
    "publicRationaleMaximumCharacters": 1200,
    "automaticGovernanceApprovalAllowed": false,
    "realMoneyExecutionPermitted": false
  },
  "forwardPricing": {
    "basis": "FIRST_COMPLETED_REGULAR_SESSION_CLOSE_AFTER_GOVERNANCE",
    "marketCloseMustBeStrictlyAfterDecision": true,
    "recordedAtMustNotPrecedeMarketClose": true,
    "fullSessionWindowRequired": true,
    "calendarCompletenessAttestationRequired": true,
    "marketDataCompletenessAttestationRequired": true,
    "prepayFullModeledRoundTripCost": true,
    "shadowUnitsEquation": "(proposed_shadow_capital_usd - prepaid_round_trip_cost_usd) / first_eligible_close",
    "sameKnownCloseAllowed": false,
    "intradayPriceAllowed": false,
    "retrospectivePriceSelectionAllowed": false,
    "roundingDecimals": 6
  },
  "blocker": "P07.6 cannot open until P07.5 seals one non-executable shadow proposal and its exact valuation lineage.",
  "independentReviews": [],
  "governanceReceipt": null,
  "forwardShadowPosition": null,
  "metrics": {
    "shadowProposalCount": 0,
    "independentReviewCount": 0,
    "approvedIndependentReviewCount": 0,
    "governanceDecisionCount": 0,
    "governanceApprovalCount": 0,
    "forwardPricingWindowCount": 0,
    "pricedShadowPositionCount": 0,
    "liveRiskBudgetCount": 0,
    "livePortfolioWeightChangeCount": 0,
    "liveOrderCount": 0,
    "tradeAuthorizationCount": 0,
    "alphaClaimCount": 0
  },
  "nextGate": {
    "phaseId": "P07.7",
    "name": "PROSPECTIVE_DOCKET_AUDIT",
    "minimumGovernedDockets": 12,
    "minimumPricedShadowPositions": 4,
    "minimumResolvedOutcomes": 4,
    "minimumElapsedCalendarDays": 90,
    "entryRule": "P07.7 may audit process reliability, calibration and net-of-cost evidence only after at least 12 governed dockets, four forward-priced shadow positions, four resolved outcomes and 90 elapsed calendar days. It still may not infer durable alpha from one winner.",
    "state": "BLOCKED_UNTIL_FORWARD_SHADOW_POSITION"
  },
  "boundaries": {
    "automaticGovernanceApprovalUsed": false,
    "retrospectivePriceUsed": false,
    "intradayPriceUsed": false,
    "liveRiskBudgetCreated": false,
    "livePortfolioWeightsChanged": false,
    "liveOrderCreated": false,
    "tradeAuthorized": false,
    "alphaClaimCreated": false
  },
  "contentHash": "ff54a7aaebe5583895f745775cb378f7d12e55d53685ec4d14f44594690e391b"
}