Policy controls

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Effective buffer$5.63M

$5.00M flat or 20% of current cash.

Deployable capital$7.61M

180-day horizon.

Idle cash above target$13.2M

$15.0M target.

Stale sources1

14-day freshness threshold.

Controls

Effective buffer
$5.63M

Greater of $5.00M or 20% of current cash ($5.63M).