# V146-FV Forward Validation Protocol

- Freeze date: 2026-08-11
- First eligible return date: 2026-08-12
- Asset pool: SPY, TLT, GLD, VNQ, DBC, UUP, XLE, LQD
- Rebalance period: 63 observed US trading days
- Primary cost series: 20 bps times one-way turnover
- Additional cost series: 50 bps times one-way turnover
- Benchmarks: equal weight, 60/40, GLD, SPY
- Required final horizon: 4 complete blocks
- No return dated on or before the freeze date may enter the public NAV.
- Public identifier: `V146-FV`
- Public layer: NAV, benchmark paths, block progress, commitment hash and artifact hashes only.

Statuses are `pending`, `interim`, and `finalized`. A block is not eligible for a
pass/fail conclusion until all 63 observed trading days are present.

The public record is updated from the local frozen forward runner. Previously
published NAV rows and hash-chain records are immutable under the update script;
any source correction must be handled as an explicit correction, never as a
silent rewrite.