Sealed ledger

Every call the desk makes. Sealed, then revealed.

This is the desk’s own record, separate from our published ideas. Every call the desk makes appears here as a SHA-256 hash the moment it is taken, with nothing else revealed. When the position closes, we publish the thesis and salt so anyone can recompute the hash. The reveal is due within 48 hours of close; it publishes automatically and cannot be held back. Losses are revealed exactly like wins, so you can see we aren’t picking only the good ones.