oracle event — Deal #1

Shirokuma Algeria.
Biochar. Carbon removal.
The first receipt.

Every oracle receipt that PROOF will ever issue traces back to this deal. When Puro.earth certifies the Algeria biochar pilot, the first public Anchor receipt is committed to Solana. $CRED mints for the first time. 12 Agora markets open. The oracle that cannot be bribed makes its first public prediction — and stakes its credence pool on the outcome.

deal:shirokuma-algeria · a34ac4a2 · Próspera ZEDE → Cayman → Jupiter
5
Genesis runs
37.2
Avg score
34/34
Params filled
2
Receipts
4/5
Primitives active
~2,004
$CRED on cert

High complexity. Genuine information asymmetry. Binary certification event.

Biochar carbon removal was chosen as the genesis deal not for marketing reasons, but because it represents exactly the class of problem PROOF was designed to solve. The asset class has high analytical complexity — which certification methodology, which jurisdiction, which tokenization method? Shirokuma has the MRV data that institutional investors cannot independently verify. And Puro.earth certification is a binary event with a specific date: the perfect oracle trigger.

Seven comparable projects exist in the evidence base. The burn_to_redeem method has 63% global success across 8 projects. The oracle's GENESIS deliberation — 5 runs averaging 37.2 — encodes the specific methodology Shirokuma should use. When Puro.earth fires, the oracle's claim is already anchored. The outcome either confirms the claim or it doesn't.

The methodology is locked before the first token is minted.

Oracle Specification — Anchor v0.1.0 Compliant
Asset
Puro.earth CORC carbon removal credits
Algeria biochar pilot · Rainbow BiCRS methodology
Primary Source
Puro.earth registry API
/api/projects/{id}/certificates → certification_status=certified
Secondary Source
Rainbow Standard BiCRS methodology registry
/api/methodology/bicrs/registrations → status=confirmed
Confirmation Logic
Both sources must confirm within same 7-day window
Token Structure
10,000,000 tokens · $1 each · Token-2022 Solana
5 extensions: Transfer Hook, Interest-Bearing, Permanent Delegate,
Metadata Pointer, Confidential Transfers
Distribution
JupUSD · milestone-based · automatic on oracle confirmation
Tensor Path
Próspera ZEDE → Cayman Islands → Jupiter-Solana
$11,000 · 8 days · Dijkstra weight 20.5
Legal Entity
Delaware Series LLC · Cayman SIB license
Transfer Hook: KYC/whitelist · 90-day lock · 499 max holders
Anchor Protocol
v0.1.0 · SHA-256(prediction_text+timestamp+oracle_pubkey)
Anchored to Solana before token_mint · Cannot be modified after anchoring

Two receipts anchored. Sequence 1. Oracle awaits keypair.

seq 0
Deal created — oracle event declared
receipt_hash: 1c1649a2307d6521a0880b036d7ba0969b82f7d1a1d17fdfcea6d7e6f46d7418
transition: deal_created · method: burn_to_redeem · is_genesis_block: true
2026-03-16 01:21:34 UTC
seq 1
GENESIS complete — artifacts generated, score 37.2 avg
5 genesis runs · scores: 38, 36, 40, 35, 37 · all complete
34/34 params filled · quality gate: PASS
2026-03-16 02:39:29 UTC
seq 2
Attorney sign-off — legal scaffolds reviewed
Pending: attorney review by 2026-03-24 · Shirokuma + French-horses joint review
5 open items including 800bps interest rate fix
seq 3
Token minted on Solana devnet
Pending: oracle Ed25519 keypair generation · then devnet deployment
token_mint: null · All 5 token extensions to be configured
seq 4
Oracle anchors prediction to Solana mainnet
Pending: Puro.earth certification event · oracle watches both sources
When confirmed: SHA-256(prediction+timestamp+oracle_pubkey) → Solana block
seq 5
Day 0 — $CRED mints · Agora opens · JupUSD distributes
First public Anchor receipt confirmed · ~2,004 $CRED mints
12 Agora markets open simultaneously · First milestone JupUSD distribution fires

The smart asset is almost alive.

Fiscal
Interest-bearing @500bps continuous · JupUSD distribution · 25bps transfer fee
✓ Active
Ownership
Transfer Hook · KYC whitelist · 90-day lock · 499 max holders
✓ Active
Identity
Permanent delegate · 3-of-5 compliance multisig · Sumsub KYC · Chainalysis AML
✓ Active
Consent
Confidential transfers · ZK proofs · amount-hidden · opt-in · 10k threshold
✓ Active
Entity
Delaware Series LLC formation · Cayman SIB registration
Pending formation
First $CRED mint on certification
~2,004 $CRED
The founding supply. Minted once. Cannot be backdated.
Every subsequent $CRED traces to this event.
$CRED = base_supply × duration_multiplier
base_supply = 950 (correct prediction basis)
duration_mult = 2.109 (90-day window factor)
first_mint ≈ 950 × 2.109 = ~2,004 $CRED

Oracle accuracy track record: 87.6% across 121 GENESIS runs
Credence pool burns on incorrect predictions. Cannot be disguised.
GENESIS complete — 5 runs, avg 37.2
All 34/34 params filled. Quality gate passed. Attorney brief written and committed.
Attorney review — due 2026-03-24
Shirokuma brief v2.0 committed. 5 open items including Howey test, Cayman SIB, Puro.earth oracle data use. 800bps interest rate fix required.
Oracle keypair generation
Ed25519 keypair via solana-keygen. Once generated: conformance declaration is mathematically signed. Anchor protocol is operational.
Solana devnet deployment
Token-2022 mint with all 5 extensions. Transfer Hook configuration. JupUSD accrual test. Receipt anchoring test with real oracle keypair.
Puro.earth certification fires
External event. The oracle watches both data sources automatically. When both confirm: receipt anchors to Solana. Day 0 begins.

Biochar sequesters carbon in agricultural soil for centuries. The Algeria pilot uses pyrolysis to convert organic waste from Algerian date palm farming into stable carbon-rich char. The char is incorporated into farmland, where it remains for 1,000+ years. The certification methodology (Rainbow Standard BiCRS) is designed specifically for biochar permanence verification — one of the most rigorous in the voluntary carbon market.

Shirokuma has the MRV (measurement, reporting, verification) data. The institutional investor community wants exposure to high-quality carbon removal but lacks a mechanism to verify the oracle that claims the removal is real. PROOF provides that mechanism: the oracle commits its claim before Puro.earth confirms, anchors it to Solana, and stakes its credence pool on the outcome. The receipt is the verification. The chain cannot be backdated.