---
title: "Codex Contract Initiation"
---
### `vac:tke::codex:contract-initiation`
---

```mermaid
%%{ 
  init: { 
    'theme': 'base', 
    'themeVariables': { 
      'primaryColor': '#BB2528', 
      'primaryTextColor': '#fff', 
      'primaryBorderColor': '#7C0000', 
      'lineColor': '#F8B229', 
      'secondaryColor': '#006100', 
      'tertiaryColor': '#fff' 
    } 
  } 
}%%
gantt
	dateFormat YYYY-MM-DD
	section Codex
		Contract Initiation :, 2024-10-01, 2024-12-31
```

- status: 0%
- CC: Frederico

### Description
Mechanics of Codex contract initiation.

### Justification
As part of Codex Technical Milestones #3 ("Marketplace Interactions").

### Deliverables
- Modeling and Simulations of the Client behavior
- One section of the Codex Litepaper "Modeling" chapter (the milestones [contract-matching](contract-matching.md), [contract-defaults](contract-defaults.md), [contract-finalization](contract-finalization.md), [proof-aggregators](proof-aggregators.md), [recovery-auction](recovery-auction.md), [slot-repair](slot-repair.md), and [tax-system](tax-system.md) cover the remaining parts of this chapter).

### Tracking Metrics
- Timely delivery of the report
- Agreement with Codex team and stakeholders

### Work breakdown
- Definition of default settings
- Facilitate the matching of pricing and collateral size
- Analysis of client payment (full vs. partial upfront)
- Analysis of potential gamifications and penalties

### Perceived Risks
Technical and legal constraints.