# Public Forward Validation Protocol

## Public Identifier

- Strategy: `THGA-6`
- Model label: `Model THGA`
- Freeze date: `2026-07-26`

## Asset Pool

The public validation pool contains eight liquid ETF proxies:

SPY, TLT, GLD, VNQ, DBC, UUP, XLE, LQD.

## Rebalance Period

The validation rule uses a 63-trading-day block as the primary block-level evaluation unit.

## Cost Assumption

The public record tracks gross, 5bps, 20bps, and square-root impact cost assumptions. Public dashboard figures should clearly identify the cost basis used.

## Benchmarks

The public comparison set includes:

- SPY buy-and-hold
- GLD buy-and-hold
- 60/40 SPY/TLT proxy
- Equal-weight asset-pool benchmark

GLD and SPY are economic boundary benchmarks. The validation record does not require claiming full dominance over every single-asset benchmark.

## Block Status

- `pending`: fewer than four complete 63-trading-day blocks are finalized.
- `interim`: the current 63-trading-day block is in progress and cannot support a final claim.
- `finalized`: a 63-trading-day block has closed and can enter the forward validation record.

Daily gains or losses before block completion are not validation success or failure.

## Hash Manifest

The hash manifest records public-file hashes and, when applicable, commitment hashes for private commitment artifacts. The private artifacts themselves are not disclosed here.