Treasury policy

Why the project's real money sits in a deposit and not in its own bots. Published 2026-09-02.

The position

The founder's real capital sits on Binance in Simple Earn Flexible (USDT), redeemable at any time, shown live on /performance under Real capital — founder's account. It earns deposit yield (carry). It is not traded, by anyone or anything — including our own bots.

Why it is not traded

• Our own research says not to. 432 pre-registered trials have measured the bots' timing signal at approximately zero. Trading real money on a signal measured at zero converts capital into exchange fees. We publish that number; we also act on it.
• Demand comes first, by our own recorded decision. Live trading stays frozen until there is a paying-customer signal. A freeze that bends for marketing is not a freeze; this page exists so the commitment is public.
• The carry is the hurdle. Whatever this capital earns doing nothing is the bar any live-trading discussion must clear first, risk-adjusted. The Q4 2026 pre-registered benchmark froze the same idea as its materiality bar before the window opened.

What would change this

Only an explicit, dated decision by the owner, published before any real order — after a paying-customer signal, and staged behind the fail-closed gates already in the codebase (feature flag default-off, per-bot opt-in, every check passing). A deploy can never flip real trading on by itself.

What is banned outright

• Leverage, futures, shorts with real capital — LIVE-OFF by canon, fail-closed, multi-gated.
• Dual Investment / structured yield products — selling an option is short volatility, not yield; our own collector documents this warning.
• Locked products that break redeemability — the public table says "redeemable any time" and that property is worth more than a rate premium.
• Yield promises of any kind. The rate shown is the exchange's floating advertised rate, restated live; it is not a promise, ours or theirs.

Key permissions — what our systems can and cannot do

• The API key behind the public table is read-only: it cannot trade, withdraw, or transfer anything.
• It is IP-locked to the project's single static egress address — the key is inert anywhere else, including if stolen.
• Re-arming trade permission on any key is a deliberate, multi-step owner action — never a code change or a deploy.

What is measured and signed

• Live: amount, effective rate with its base+bonus-tier split, and rewards actually received — on /performance, read from the exchange, cached minutes, labelled REAL MONEY · NOT TRADING.
• Monthly: a signed Real Capital Statement — the position frozen into canonical JSON and Ed25519-signed with the same key that signs the PAPER performance months, stored append-only (the database refuses UPDATE and DELETE). Raw bytes and signature: /api/v1/public/real-capital/statements. First statement: on 2026-10-01, covering September.
• Honestly bounded: entry cost is disclosed (7% cash-in on 2026-09-01 — about a year of the current rate), and the bonus tier's 500 USDT ceiling is named: above it the marginal rate collapses, so growing this particular artifact past 500 has no yield rationale.

What this page does not promise

Returns, rates holding, or that any of this makes the bots profitable. The research ledger stands at 432 pre-registered trials with 0 surviving positives, and every performance claim this project makes ships with its sample size and its signature — including the unflattering ones, which have twice required published corrections.