Skip to content

docs: strengthen Standby institutional and economic framing - #20

Merged
garykocsis merged 1 commit into
mainfrom
docs/session-18-readme-institutional-framing
Sep 11, 2026
Merged

garykocsis merged 1 commit into
mainfrom
docs/session-18-readme-institutional-framing

Conversation

@garykocsis

Copy link
Copy Markdown
Owner

Summary

Strengthens Standby's judge-facing and institutional presentation after completion of F10 without changing protocol semantics, implementation behavior, or accepted verification results.

This update makes the economic purpose of the protocol more explicit: who future execution capacity may be useful for, why an institution may prefer protected capacity over pre-positioning the destination asset, why Uniswap v4 is the enforcement boundary, what economic constraint supporting liquidity accepts, and what remains outside the reference implementation.

Changes

  • add target-user and institutional-use-case framing
  • add an illustrative tokenized-Treasury / future-USDC settlement scenario
  • explain that commitments are bounded in both quantity and time
  • preserve the distinction between fulfillment and expiration, including partial fulfillment followed by expiry
  • explain why Standby enforcement belongs at the Uniswap v4 state-transition boundary
  • clarify that S >= O requires no excess reserve margin
  • describe the economic roles of the capacity purchaser and supporting liquidity
  • distinguish a potential future capacity premium from actual AMM input settlement at exercise
  • explicitly leave capacity pricing, LP attribution, premium distribution, and market design outside the reference implementation
  • explain the external EligibilityRegistry permissioning boundary
  • clarify that Standby does not currently integrate with Uniswap Permissioned Pools
  • add a bounded Path to Production covering economics, permissioning, deployment, security, operations, and market validation
  • surface the accepted F10 verification evidence in the README

Preserved Boundaries

  • no production code changes
  • no test changes
  • no protocol-semantic changes
  • no canonical artifact changes
  • no project-status changes
  • canonical A1–A4 acceptance evidence unchanged
  • both existing Mermaid diagrams preserved byte-identically
  • F10 remains COMPLETE
  • G10 remains CLOSED / PASS
  • F9T remains optional and off the critical path

Verification

  • git diff --check clean
  • both Mermaid blocks verified byte-identical to HEAD
  • README relative links verified
  • canonical demo fixture quantities preserved
  • accepted 590-test evidence reconfirmed
  • README independently reviewed for semantic consistency and economic/permissioning overclaiming

Session Evidence

Includes the Session 18 prompt, implementation log, semantic-correction follow-up, and ChatGPT retrospective reasoning record.

@garykocsis
garykocsis merged commit e020c40 into main Sep 11, 2026
1 check passed
@garykocsis
garykocsis deleted the docs/session-18-readme-institutional-framing branch September 11, 2026 15:47
Sign up for free to join this conversation on GitHub. Already have an account? Sign in to comment

Labels

None yet

Projects

None yet

Development

Successfully merging this pull request may close these issues.

1 participant