Position Standard
The versioned object that makes every supported position legible to anyone.
The position standard is a published, versioned metadata object that makes every supported position legible to vaults, liquidators, external lenders, and builders. One object describes a position completely enough to underwrite it.
Field groups
The object carries four groups of fields:
- Identity. What the position is, which market and outcome it references, and which venue it settles against.
- Verdict. The eligibility decision from the risk engine and the reason behind it.
- Valuation. The conservative mark and the stress value the engine will defend.
- Limits. Borrowing capacity, exposure caps, and the liquidation mode in force.
Who consumes it
Vaults read it to decide what to finance. Liquidators read it to price a lot. External lenders read it to underwrite without rebuilding valuation. Builders read it to display or integrate a position from a single source.
The integration pattern
An integrator needs only three fields to act safely: read the verdict, read the stress value, and read the limits. Refuse any object that is stale, and inherit the engine's gates by reference rather than reimplementing them. Full field-level documentation will be published separately.
Falsifiable history
Every score the standard carries is falsifiable against the outcome that realized. The protocol keeps the complete history, so the standard is not a claim to trust but a record to check. That history is the reason an outside party can rely on the object. See transparency.