Reject slow locked-capital bundles

This commit is contained in:
Theodore Song
2026-08-22 08:04:26 -04:00
parent 933290290b
commit d9e1e29a8d
3 changed files with 25 additions and 7 deletions
+3 -1
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@@ -73,7 +73,9 @@ cash, reserve, and 4% limits can reduce it further. Strategy 64 ranks verified
structures by net return per expected locked day before raw edge, and caps active
cost from one underlying event at 12% of Value Hunter equity. This prevents
several related threshold pairs from monopolizing the non-directional book while
preserving every already-open complete bundle until settlement. Existing paper bundles are
preserving every already-open complete bundle until settlement. New bundles must
also clear a 0.02% daily locked-capital return floor, approximately 7.3% annualized,
so a tiny spread cannot immobilize capital for months. Existing paper bundles are
never retroactively enlarged against depth their original simulated fill would
already have consumed. A bundle can enter Value Discipline only when that fee check
passes and the resulting worst-case payout clears both the three-tenths-cent