diff --git a/outputs/VYNDR-COMPLETION-MATRIX.md b/outputs/VYNDR-COMPLETION-MATRIX.md
index 32dffa9..3029d71 100644
--- a/outputs/VYNDR-COMPLETION-MATRIX.md
+++ b/outputs/VYNDR-COMPLETION-MATRIX.md
@@ -724,3 +724,21 @@ grades server-side, never infer resolution from time, fail closed to LIVE.
 count** — the real counter (`/api/founders/count`, live 0/100) only displays and is cached 300s, so
 making it a transactional gate is a genuine build; (b) the user base is **3 free, 0 paid**, so the
 migration is a courtesy note, not a mass event — effort belongs on the settled-record proof surface.
+
+---
+
+# BUILD 1 — THE SETTLED/LIVE GATE (shipped 2026-07-31)
+
+Unresolved = paid (Analyst+), resolved = free. Serving/gating only; `src/services/` untouched.
+
+Resolution is read **only from a written outcome** (never time or game status), `void`/`unrecoverable`
+count as resolved, and `isResolved` **fails closed to LIVE** so a settle failure withholds rather than
+exposes. Free gets **settled grades in full including reasoning** — the proof product — which also
+turns the old unenforced board-reasoning leak into a deliberate rule. Live grades become a **shell**:
+judgment stripped, real data kept (incl. `fair_odds`, which is never the paywall), `locked: true`
+stamped. The tease is **aggregate only** (`live_locked {count, tiers}`) and no gated row carries a
+grade, so nobody can tell which prop is the A.
+
+**Live anonymous fingerprint:** 25 grades → **5 settled free-full, 20 locked**, `live_locked
+{"count":20,"tiers":{"B":13,"C":7}}`, **judgment-field leak: NONE**. 319 suites / 3,971 tests green,
+web build exit 0.
diff --git a/specs/STATE.md b/specs/STATE.md
index 0c8165b..b3fabdd 100644
--- a/specs/STATE.md
+++ b/specs/STATE.md
@@ -1007,6 +1007,39 @@
 > **CANNOT DETERMINE: whether the four Stripe price objects exist in the dashboard** (env not readable
 > here) — flagged as a prerequisite for build 3.
 
+> ## 🔒 BUILD 1 SHIPPED 2026-07-31 — THE SETTLED/LIVE GATE (unresolved = paid, resolved = free)
+> **Serving/gating change ONLY** — `src/services/` untouched (diff empty): no grade, model or
+> settlement-logic change. Pricing = Build 2, migration = Build 3.
+> **THE RULE:** a grade is **PAID while its outcome is unknown** and becomes **FREE the moment it
+> resolves**. **Resolution is read ONLY from a written outcome** — never from time, game status or
+> `gradedAt` (a game can be final long before the settle pass runs; treating "probably over" as
+> settled is exactly how a live edge leaks — a test asserts an hours-old `gradedAt` with no outcome is
+> still LIVE). `void`/`unrecoverable` **are** resolutions. **`isResolved` FAILS CLOSED** — null
+> outcome, `{}` with no result, empty-string result all read LIVE — so a **settlement failure
+> withholds rather than exposes**, the same direction `resolveTierFromRequest` fails.
+> **FREE = SETTLED IN FULL** (reasoning + kill conditions included — settled is the proof product and
+> costs nothing post-resolution). **This also converts the previously-UNENFORCED board-reasoning leak
+> into a deliberate rule.** **LIVE = SHELL**: all model JUDGMENT dropped (`grade`, `confidence`,
+> `confidence_basis`, `reasoning`, `kill_conditions_triggered`, `projection`, `edge_pct`,
+> `matchup_grade`, `form`, `alt_lines`, `kelly`) + `locked: true`; the free-side DATA stays so the
+> tease is REAL, not empty (player · market · line · `book_odds` · **`fair_odds` — the de-vigged fair
+> number is the free hook and is NEVER the paywall** · season/last10 · archetype · gradedAt · history).
+> **THE TEASE IS AGGREGATE ONLY** — `live_locked {count, tiers}` computed from the ungated rows and
+> **never joined back to one**, and **no gated row carries a grade**, so a free viewer learns N reads
+> exist and their shape **without being able to work out WHICH prop is the A**.
+> **✅ FINGERPRINT — LIVE, ANONYMOUS, DECISIVE** (deploy boundary captured: attempts 1-2 no
+> `live_locked`, attempt 3 yes): **25 grades → 5 SETTLED served free-full · 20 LIVE locked ·
+> `live_locked {"count":20,"tiers":{"B":13,"C":7}}`**. **LEAK CHECK: judgment fields on live rows =
+> NONE ✓**, all 20 stamped `locked`. Live shell still carries real data (Natasha Cloud · assists ·
+> 6.5 · book −145 · **fair −123** · season 4.6). Settled row keeps full proof (grade B · reasoning ✓ ·
+> 2 kill conditions · edge −2.2 · `outcome {"result":"hit","actual":1}`).
+> **FLOOR: 319 suites / 3,971 tests green (10 new), web build exit 0.**
+> **⚠️ TEST NOTE:** the route-level supertest case was **deliberately removed** — it needs a live
+> Redis and hangs on ioredis' reconnect timer in a single-suite local run (known, CLAUDE.md). The
+> gate's contract is fully covered by pure tests; **the wire is verified against PROD anonymously**
+> (above). **Chrome audit:** free board (settled full + locked shells + unlock prompt) and the
+> entitled board (live full) both need a visual pass — the entitled half needs Kev's Desk session.
+
 - **Redirect EXISTS + WIRED:** `closingCapture.buildCaptureRows`→`closing_captures` (append-only,
   provenance: captured_at/book/line_type/both-prices/missed_reason) via `intradayRefreshService:221`
   + internal endpoint; `ledgerService.attachClosingProb`→`closing_prob` (de-vigs both raw sides,