irsforge.yaml

profile: demo
topology: sandbox
routing: path
parties:
  scheduler:
    partyHint: Scheduler
# Phase 6 Stage B: scheduler service + manual-button gating.
# Demo profile keeps `manualOverridesEnabled: true` so a human can drive
# the demo end-to-end. Flip both `enabled` and `manualOverridesEnabled`
# for a production-ish profile (scheduler runs, manual buttons hidden).
scheduler:
  enabled: true
  manualOverridesEnabled: true
  cron:
    trigger: "*/5 * * * * *"
    settleNet: "*/5 * * * * *"
    mature: "*/30 * * * * *"
platform:
  authPublicUrl: http://localhost:3002
  frontendUrl: http://localhost:3000
  # Onchain activity surface — toast stack above status bar + clickable
  # "Connected to Canton" pill + /org/<id>/ledger page. Gated per deployment.
  # Omitting this block applies defaults identical to what you see here.
  ledgerUi:
    enabled: true
    bufferSize: 500
    templateFilter:
      allow: []
      deny:
        - Daml.Finance.Holding
        - Daml.Finance.Settlement.Instruction
      # Templates the scheduler/oracle/mark-publisher rotate on every tick,
      # plus the operator-signed bootstrap contracts that exist once and
      # never change. Hidden from toasts and from /ledger by default; flip
      # "Show system" or land via /ledger?template=<X> to surface them.
      systemPrefixes:
        - Daml.Finance.Data.V4.Numeric.Observation
        - Oracle.Curve
        - Oracle.CurveSnapshot
        - Csa.Csa           # mark publisher rotates on every tick
        - Csa.Mark
        - Csa.Shortfall
        - Csa.Netting
        # Bootstrap (one-shot at platform init).
        - Setup.RoleSetup
        - Setup.SchedulerRole
        - Setup.EventFactory
        - Setup.CashSetup
        - Oracle.DemoStubProvider
        - Oracle.NYFedProvider
        - Daml.Finance.Data.V4.Reference.HolidayCalendar
        - Daml.Finance.Claims.V3.Lifecycle.Rule
        - Daml.Finance.Instrument.Swap.V0.InterestRate.Factory
        - Daml.Finance.Instrument.Swap.V0.CreditDefault.Factory
        - Daml.Finance.Instrument.Swap.V0.Currency.Factory
        - Daml.Finance.Instrument.Swap.V0.ForeignExchange.Factory
        - Daml.Finance.Instrument.Swap.V0.Asset.Factory
        - Daml.Finance.Instrument.Swap.V0.Fpml.Factory
    toasts:
      enabled: true
      maxVisible: 3
      dismissAfterMs: 5000
    rawPayload:
      enabled: true
  # Shared-deployment demo coordination. Disabled by default so local
  # `make demo` shows no banner. Flip enabled=true on the demo VPS — the
  # host cron in deploy/etc/cron.d/irsforge-reset wipes the in-memory
  # ledger every `intervalMinutes`, and the SPA renders a top banner
  # counting down to the next round-clock reset.
  demoReset:
    enabled: false
    intervalMinutes: 60
auth:
  provider: demo
  builtin:
    issuer: "http://localhost:3002"
    keyAlgorithm: RS256
    tokenTtlSeconds: 900
    refreshTtlSeconds: 86400
  # Service accounts declare non-secret metadata (id + party authorizations)
  # for machine identities. Secrets (bcrypt-hashed) live in
  # auth/service-accounts.yaml. Required when auth.provider != "demo":
  #   - mark-publisher: always required (oracle's mark loop)
  #   - scheduler:      required when scheduler.enabled is true
  # In demo profile this list is inert — the oracle uses HS256 mint instead.
  serviceAccounts:
    - id: scheduler
      actAs: [Scheduler]
      readAs: [PartyA, PartyB, Operator, Regulator]
    - id: mark-publisher
      actAs: [Operator]
      readAs: [PartyA, PartyB, Regulator]
oracle:
  url: http://localhost:3001
currencies:
  - code: USD
    label: US Dollar
    calendarId: USD
    isDefault: true
  - code: EUR
    label: Euro
    calendarId: EUR
cds:
  referenceNames:
    - TSLA
# Per-product enablement. Disabled products are hidden from the workspace
# selector and the oracle skips provider registration for them. ASSET ships
# disabled because no asset price-feed provider exists yet (see Phase 1).
observables:
  IRS:   { enabled: true }
  OIS:   { enabled: true }      # Stage C
  BASIS: { enabled: true }      # Stage D
  XCCY:  { enabled: true }      # Stage E
  CDS:   { enabled: true }
  # Stage F: CCY (fixed-fixed) + FX (notional exchange) + FpML (generic
  # multi-stream) demoted from the workspace selector. Templates stay wired
  # in the codebase — BASIS + XCCY still create through the Fpml factory,
  # and historical CCY/FX workflows keep rendering on the blotter. Creating
  # new CCY/FX/FpML trades is no longer a user-exposed workflow; FpML is
  # reachable via blotter Import / per-workflow Export.
  CCY:   { enabled: false }
  FX:    { enabled: false }
  ASSET: { enabled: false }
  FpML:  { enabled: false }

# Per-product schedule knobs consumed by each proposal's Accept choice.
# frequencyMonths and dayCountConvention are the only fields that vary
# across products today; rollConvention is overridden per-trade to match
# startDate's DOM, and businessDayAdjustment is uniform in InitImpl.
scheduleDefaults:
  IRS:   { frequencyMonths: 3,  dayCountConvention: Act360 }
  OIS:   { frequencyMonths: 12, dayCountConvention: Act360 }
  BASIS: { frequencyMonths: 3,  dayCountConvention: Act360 }
  XCCY:  { frequencyMonths: 6,  dayCountConvention: Act360 }
  CDS:   { frequencyMonths: 3,  dayCountConvention: Act360 }
  CCY:   { frequencyMonths: 3,  dayCountConvention: Act360 }
  ASSET: { frequencyMonths: 3,  dayCountConvention: Act360 }
  FPML:  { frequencyMonths: 3,  dayCountConvention: Act360 }
curves:
  interpolation: LinearZero
  currencies:
    # USD uses demo-stub in this config so a fresh sandbox boots with a
    # complete curve set offline. Swap to `provider: nyfed` in production
    # profiles — the NYFed fetcher lives in oracle/src/providers/nyfed
    # and publishes the same Oracle.Curve contract shape.
    USD:
      dayCount: Act360
      discount:
        provider: demo-stub
      projection:
        indexId: USD-SOFR
        provider: demo-stub
    EUR:
      dayCount: Act360
      discount:
        provider: demo-stub
      projection:
        indexId: EUR-ESTR
        provider: demo-stub

# Rate-family registry: single source of truth for every published rate-index
# id, the cumulative compounded index (curveIndexId) vs the overnight rate
# (overnightIndexId), and the full tenor grid with day counts. Consumed by
# both the oracle (providers + publisher) and the Daml contracts via codegen.
# Add ESTR / SONIA by appending another family here — nothing in source code
# needs to change.
rateFamilies:
  SOFR:
    curveIndexId: SOFR/INDEX
    overnightIndexId: SOFR/ON
    tenors:
      - { id: SOFR/ON,  days: 1    }
      - { id: SOFR/1M,  days: 30   }
      - { id: SOFR/3M,  days: 91   }
      - { id: SOFR/6M,  days: 182  }
      - { id: SOFR/1Y,  days: 365  }
      - { id: SOFR/2Y,  days: 730  }
      - { id: SOFR/3Y,  days: 1095 }
      - { id: SOFR/5Y,  days: 1826 }
      - { id: SOFR/10Y, days: 3652 }

floatingRateIndices:
  USD-SOFR:
    currency: USD
    family: SOFR
    compounding: CompoundedInArrears
    lookback: 2
    floor: 0.0
  # USD-EFFR powers the BasisSwap demo leg (SOFR-vs-EFFR basis). The
  # oracle's demo-stub publisher projects daily Observations off the
  # same USD projection curve; a real EFFR feed is deferred to Phase 9
  # alongside the rest of the live-provider work.
  USD-EFFR:
    currency: USD
    family: SOFR
    compounding: OvernightAverage
    lookback: 0
    floor: null
  EUR-ESTR:
    currency: EUR
    family: ESTR
    compounding: CompoundedInArrears
    lookback: 0
    floor: null

# Credit Support Annex parameters. One CSA per counterparty pair governs VM
# exchange. threshold (per-direction tolerance for being uncollateralised),
# mta (minimum transfer amount), rounding (call increment), valuationCcy
# (single reporting ccy), and the eligibleCollateral whitelist (currency +
# haircut). Phase 5 ships haircut == 1.0 always; the schema admits (0, 1].
csa:
  threshold:
    DirA: 0
    DirB: 0
  mta: 100000
  rounding: 10000
  valuationCcy: USD
  # Restricted to valuationCcy with haircut 1.0 until on-chain FX +
  # haircut math ships. See docs/superpowers/plans/
  # 2026-05-17-post-launch-hardening.md (issue 4) for the expansion path.
  eligibleCollateral:
    - currency: USD
      haircut: 1.0

# ISDA Master Agreements (registered per counterparty pair). Real banks sign
# one MA per pair (per jurisdiction) and reference it across every CSA, swap,
# and trade beneath it. When a trader proposes a CSA against a counterparty
# listed here, the proposal modal pins the reference + governing law from
# this registry instead of asking for free-text. Pairs not listed fall back
# to free-text entry. Match on unordered party pair (PartyA/PartyB ==
# PartyB/PartyA).
masterAgreements:
  - parties: [PartyA, PartyB]
    reference: ISDA-2002-Goldman-JPMorgan-2014-03-12
    governingLaw: NewYork

# Demo-only values. Must be absent when profile: production.
demo:
  cdsStub:
    defaultProb: 0.02
    recovery: 0.40
  # Initial pool funding per ccy applied symmetrically to both sides of every
  # seeded CSA at InitImpl time. Empty / absent ⇒ CSAs are seeded with zero
  # postings (still useful for deterministic tests).
  csa:
    initialFunding:
      USD: 5000000
  # fxSpots seed on-chain FxSpot observable contracts. Stage E reads these
  # for cross-currency reporting-ccy NPV translation. Add one entry per
  # currency pair traded across; live FX feeds are a Phase 9 item.
  fxSpots:
    EURUSD: 1.08
  # Re-publish the seeded stubCurves with a small random perturbation so
  # the blotter's Trend column accumulates history. Without this, Canton's
  # PublishDiscountCurve archives the previous Curve contract on every
  # publish — the ACS holds exactly one curve per key and useCurveStream
  # never sees more than a single point.
  curveTicker:
    enabled: true
    cron: "*/30 * * * * *"
    bpsRange: 0.25
  stubCurves:
    USD:
      discount:
        pillars:
          - { tenorDays: 1, zeroRate: 0.0530 }
          - { tenorDays: 30, zeroRate: 0.0525 }
          - { tenorDays: 91, zeroRate: 0.0510 }
          - { tenorDays: 182, zeroRate: 0.0490 }
          - { tenorDays: 365, zeroRate: 0.0460 }
          - { tenorDays: 730, zeroRate: 0.0430 }
          - { tenorDays: 1826, zeroRate: 0.0405 }
          - { tenorDays: 3652, zeroRate: 0.0390 }
      projections:
        USD-SOFR:
          pillars:
            - { tenorDays: 1, zeroRate: 0.0530 }
            - { tenorDays: 30, zeroRate: 0.0525 }
            - { tenorDays: 91, zeroRate: 0.0510 }
            - { tenorDays: 182, zeroRate: 0.0490 }
            - { tenorDays: 365, zeroRate: 0.0460 }
            - { tenorDays: 730, zeroRate: 0.0430 }
            - { tenorDays: 1826, zeroRate: 0.0405 }
            - { tenorDays: 3652, zeroRate: 0.0390 }
        USD-EFFR:
          pillars:
            - { tenorDays: 1, zeroRate: 0.0535 }    # +5bp front-end basis
            - { tenorDays: 30, zeroRate: 0.0528 }   # +3bp
            - { tenorDays: 91, zeroRate: 0.0512 }   # +2bp
            - { tenorDays: 182, zeroRate: 0.0491 }  # +1bp
            - { tenorDays: 365, zeroRate: 0.0460 }  # flat
            - { tenorDays: 730, zeroRate: 0.0430 }
            - { tenorDays: 1826, zeroRate: 0.0405 }
            - { tenorDays: 3652, zeroRate: 0.0390 }
    EUR:
      discount:
        pillars:
          - { tenorDays: 1, zeroRate: 0.0375 }
          - { tenorDays: 30, zeroRate: 0.0370 }
          - { tenorDays: 91, zeroRate: 0.0360 }
          - { tenorDays: 182, zeroRate: 0.0345 }
          - { tenorDays: 365, zeroRate: 0.0320 }
          - { tenorDays: 730, zeroRate: 0.0300 }
          - { tenorDays: 1826, zeroRate: 0.0280 }
          - { tenorDays: 3652, zeroRate: 0.0265 }
      projections:
        EUR-ESTR:
          pillars:
            - { tenorDays: 1, zeroRate: 0.0375 }
            - { tenorDays: 30, zeroRate: 0.0370 }
            - { tenorDays: 91, zeroRate: 0.0360 }
            - { tenorDays: 182, zeroRate: 0.0345 }
            - { tenorDays: 365, zeroRate: 0.0320 }
            - { tenorDays: 730, zeroRate: 0.0300 }
            - { tenorDays: 1826, zeroRate: 0.0280 }
            - { tenorDays: 3652, zeroRate: 0.0265 }
orgs:
  - id: goldman
    party: PartyA
    displayName: Goldman Sachs
    hint: PartyA
    role: trader
    ledgerUrl: http://localhost:7575
    subdomain: goldman
  - id: jpmorgan
    party: PartyB
    displayName: JPMorgan
    hint: PartyB
    role: trader
    ledgerUrl: http://localhost:7575
    subdomain: jpmorgan
  - id: operator
    party: Operator
    displayName: Operator
    hint: Operator
    role: operator
    ledgerUrl: http://localhost:7575
    subdomain: operator
  - id: regulator
    party: Regulator
    displayName: Regulator
    hint: Regulator
    role: regulator
    ledgerUrl: http://localhost:7575
    subdomain: regulator