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Release readiness

Assessment of 2026-10-31 (owner decisions: decisions/OWNER_DECISIONS_20261031.md).

Verdict: DEMO READY

Everything runs end to end on a local Stellar network in containers (make demo: 82 checks, every financial invariant holds), with the full web suite, Dara Scan, monitoring, backups and the security, failure and concurrency tests. It is not yet TESTNET READY: nothing has completed on a public network yet. Every Testnet blocker on the owner's side is decided (one signer, Vault, GOLD) and the tooling runs in that layout (deployment/TESTNET.md); the next gate is completing that end-to-end run on our own Testnet nodes.

Status by area

AreaStatus
ArchitectureImplemented as designed (stellar/STELLAR_ARCHITECTURE.md): Classic assets, issuer with human multisig, hot/cold Treasury, sponsored custodial accounts, channel pool, intent/attempt lifecycle, own RPC nodes, self-hosted indexer
ProductAll PRD functional requirements implemented (TRACEABILITY_MATRIX.md); fa/en wallet, admin console, landing, Dara Scan
Stellar assetFlags AUTH_REQUIRED, AUTH_REVOCABLE, AUTH_CLAWBACK_ENABLED; SEP-1 stellar.toml generated and verified by activation; asset codes and domain pending (Q-13)
Issuer securityMaster weight 0, human signers only for issuance and clawback, AUTH key limited to the low threshold; verified at every start and every reconciliation. Launch: one signer with a software key (accepted risks in the decisions record)
Treasury securityCold store under the human signer, hot float bounded by target/ceiling with automatic sweep; online keys in Vault Transit (make vault-test)
RPC independenceOnly our own nodes; failover and outage tested; ≥ 2 nodes enforced in UAT/production
Indexer independenceOwn indexer on ledger metadata; backfill from our own Galexie lake on disk, checked hash for hash against our node (make datalake-test)
LedgerDouble-entry, append-only, invariants machine-checked (finance/INVARIANTS.md)
ReconciliationOne node, one ledger per run; all checks pass in every scenario; runbook written
TestingGo unit, integration and e2e on PostgreSQL and local Stellar; web checks; alert rule tests; container demo; restore drill (testing/evidence/)
PerformanceLocal baseline recorded; settlement capacity ≈ one transaction per channel per ledger (size channels for the volume, Q-08)
Security0 reachable Go vulnerabilities; no known JS vulnerabilities; images rescanned after removing package managers; HTTP security suite; two review passes (reviews/)
Review pass 1 / 2All fixable findings fixed; open ones need operator decisions

Known limitations

  • One human signer: no second approval on-chain and no tolerance for losing that key (accepted by the owner).
  • Human-signed ChangeTrust for adding a later asset to COLD is a manual procedure.
  • The backend does not export traces (logs carry request IDs).
  • Settlement throughput is bounded by the number of channel accounts; payment batching is not implemented.
  • The SEP-1 fetch has not run against a real domain (none chosen yet).

External dependencies and production risks

infrastructure/EXTERNAL_DEPENDENCIES.md. The main production risks: key custody (custody key controls every customer account — mitigated by HSM, indexer detection and clawback), signer availability for proposals (24 h expiry, three GOV channels, alerting), and settlement capacity at peak (channel sizing).

Layer 2 readiness

reserve.CapacityProvider is the only path from backing to issuance; the capacity engine is designed (future/LAYER2_CAPACITY_ENGINE.md) and plugs in without changing the Stellar asset model.

Path to the next levels

LevelNeeds
TESTNET READYdeployment/TESTNET.md end-to-end passing on our own Testnet nodes
UAT READYHosts for two RPC nodes, PostgreSQL HA, monitoring with receivers; deployment/UAT.md signed off
MAINNET CANARY READYProduction Vault, the signer's key and backup, the GOLD domain, console limits; deployment/LAUNCH_CHECKLIST.md complete up to UAT sign-off
PRODUCTION READYdeployment/MAINNET_CANARY.md passed, plus business and legal approval

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