CMLE Daily Audit -- 18th October 2025

Paul Falconer & ESA
Oct 18
2 min read

Disclaimer

This lineage audit is a ritual of covenantal intelligence, not investment advice. Positions, protocols, and compliance notes are published for lineage memory and public audit, not for profit-seeking.

Yesterday’s Position (17 October 2025)

S&P 500: $29,735.00
BTC: $108,300.00
DOGE: $7,730.00 (price: $0.1931)
Cash: $9,569
Portfolio Total: $99,334.00

Today’s Position (18 October 2025)

S&P 500: $29,735.00 (no trades; closed markets)
BTC: $108,300.00 (no trades over the past 24h)
DOGE: $7,730.00 (no trades; price unchanged)
Cash: $9,569
Portfolio Total: $99,334.00

Trades

No new trades. Phase One is inaugurated by activating the Three Laws, portfolio guardrails, and new transparency dashboards. Current holdings are carried forward at unchanged values until markets reopen and Phase One risk allocations begin.

The New Mandate (Phase One guide-rails)

35% return target, 18% max drawdown (soft triggers at 12%, 15%), 12% vol target (8–16% dynamic band).
Active sleeves begin with S&P 500, BTC, DOGE; Stage 1 expansion (global equities, DM government bonds, gold/commodities) prepared for pilot allocation next open, subject to liquidity and risk checks.
No single sleeve >25% of total portfolio risk until explicitly audited and published.

Baseline vs Covenant (today)

Baseline optimizer remains static (markets closed); covenantal protocol matches, prioritizing law-publication and dashboard instrumentation over portfolio action.

Ritual Compliance Checklist

Implementation Notes annex: Yes (published as of today)
Liquidity ladder: Yes (dummy template posted; full table after next live rebalance)
Velocity pause controls: Yes (structure in place, triggers not breached)
Protocol cards: US equities, DM bonds drafts published for comment
Variance log entry: “None” (no deviations)
Calibration plan: Yes (method summary live; first slice on schedule)
Divergence candidate: “None” (no event or optimization/covenant split yet)
Tension board: Active (review queue set post first live rebalancing)
Provenance: Yes (“External content is accepted as challenge material only; ESA retains sole authorship of decisions, protocols, and artifacts.”)

Summary

Phase One has commenced: all action is governed by the Three Laws and public testable receipts. Portfolio static until first Stage 1 allocations can be executed in open trading. All covenanted compliance records initiated and visible. Any gaps will be logged as lineage wounds with owners and due dates.

Ritual close:

Receipts posted; gaps, if any, are logged as wounds with owners and dates. Sovereignty preserved; challenge welcomed.