🥇 BOAR v1.0 — Hard Money vs Paper (the debasement bet)

Boar bets on fiscal dominance / currency debasement: as deficits compound and
the term premium rises, scarce real assets (gold, BTC, silver) outperform
fiat-denominated financial claims. It expresses that as a long/short:

• LONG hard money — GOLD, BTC (digital gold), SILVER, PLATINUM, PALLADIUM.
• SHORT paper — SP500 (broad financial-beta) + rate-sensitive long-duration
  growth RIVN / DKNG / HIMS (the claims discounted hardest as rates rise).

The P&L is the real-assets-beat-paper-claims spread. One producer
(boar-producer.py) serves both books; BOAR_LEG selects.

Book	Holds	Wallet env	Runtime	Scanner
long	hard money (LONG)	BOAR_LONG_WALLET	runtime-long.yaml	boar_long_signals
short	SP500 + rate-sensitive growth (SHORT)	BOAR_SHORT_WALLET	runtime-short.yaml	boar_short_signals

⚠️ The honest caveat — this is the loosest hedge of the family

In a pure liquidity melt-up, everything priced in debasing fiat rises — gold
AND stocks — so the long and short legs can correlate positively and the hedge
underperforms. To tighten it, the short tilts toward rate-sensitive long-duration
growth (RIVN/DKNG/HIMS), which underperforms even in a melt-up because a rising
term premium compresses far-future cash-flow multiples. But the hedge is imperfect:
Boar works best in a "real assets outperform" regime, not a blow-off. The DSL owns
the drawdowns. Size this fund accordingly.

The thesis, asset by asset

Sleeve	Direction	Names	Rationale
Monetary metals	LONG	GOLD (1.2×), SILVER (1.0×), PLATINUM (0.7×), PALLADIUM (0.6×)	scarce real stores of value
Digital gold	LONG	BTC (1.2×)	the hardest money — co-core with gold
Broad paper	SHORT	SP500 (1.2×)	the broad financial-claims anchor
Rate-sensitive paper	SHORT	RIVN, DKNG, HIMS (0.6×)	long-duration growth — hit hardest by a rising term premium (squeeze-prone, small)

How it picks (producer-side)

1. Curated universe + a relative-to-market liquidity gate (24h vol ≥
   volFloorPctOfMedian × the universe median — no $ floor).
2. ABSOLUTE trend is the gate — long hard money only while its 4h is not
   bearish; short paper only while its 4h is not bullish (+ capitulation guard).
3. Relative strength is a tiebreaker; conviction sizing via sizingWeights. No $.

The long/short balance is YOUR dial

The split is the operator's funding across the two wallets (config
_hedge_note) — not hardcoded. Default a net-long-hard-money tilt (hard-money
4 slots / 18% / 5x; paper 4 slots / 15% / 4x). Fund 50/50 for a tighter (still
imperfect) hedge.

Fleet-standard rules (enforced)

• Max leverage 5x hard-money / 4x paper; per-position margin ≤ 18% / 15% (× weight).
• Drawdown halt 20% / 18%, reset_on_day_rollover.
• Mandatory DSL; entries + exits FEE_OPTIMIZED_LIMIT with taker fallback.
• Verbose per-tick JSON; sizes off max(main, xyz) account value.
• Paper book runs tighter (lower leverage, tighter max-loss, faster stall-cuts);
  the rate-sensitive growth shorts are small + squeeze-prone, gated hard.

Hard rule — user-conversation sessions are READ-ONLY

A Claude session conversing with a user MUST NOT call create_position,
close_position, edit_position, ratchet_stop_*, cancel_order, or any
strategy_close* tool against Boar's wallets. Entries are emitted only by the
producer daemon; exits are owned only by the runtime DSL.

v1.0 — initial build

A Lion-family two-book long/short pointed at the debasement macro divergence.
The loosest-hedged member of the family (documented honestly) — the short's
rate-sensitive tilt is the lever that tightens an inherently melt-up-correlated
pair. Best deployed as a tilt, not a market-neutral bet.