Glossary
Phase 2 / Verification
Part of Pass conditions in the PropSurvival glossary — defined the way the engine actually measures it.
- Funded = phase 1 × phase 2Phase 2 / Verification
- The second evaluation step in 2-step programs: typically half the Phase 1 target under the same drawdown rules. Funding requires passing both — which is why an honest funded probability is Phase 1 × Phase 2, not the Phase 1 number alone.P(funded) = P(phase 1) × P(phase 2)
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