Inferra facts are drawn from its public documentation and whitepaper as read on August 2, 2026; claims labelled “reported” could not be confirmed against primary sources. Absence of published detail is a claim about documentation, not about practice. This is an analysis of market structure and index governance — it expresses no view on any token, recommends no transaction, and is not an audit or compliance opinion on any provider. Research and education, not investment advice.