Calibration and Transparency
What Cusp publishes so its decisions can be checked against outcomes.
Everything the system decides is published and checkable against realized outcomes. Transparency is not a reporting feature bolted on afterward; it is how the position standard earns trust.
What is published
Four artifacts are public.
- Score history. Every value the risk engine assigned, alongside the outcome that realized, so calibration can be measured rather than asserted.
- Diagnostics. The health of the engine's measurements over time.
- Parameter changes with reasons. When a parameter changes, the change and its rationale are recorded, not applied silently.
- The liquidation log. The complete record of every auction, accepted or not.
The staged posture
Cusp scales in step with what its published record supports. At launch, credit is bounded by first-loss capital, so senior protection rests on arithmetic; beyond that bound, the protocol grows only as fast as the calibration history justifies. The record is the constraint on growth, which means publishing it honestly is in the protocol's own interest. The formal treatment of the scaling posture is in the Cusp whitepaper.