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Public accounting

A clear view of capital, revenue, and completed actions.

The purpose of reporting is to make the flow of capital understandable, not simply display a growing token balance. Before verified activity exists, dashboard values remain unavailable rather than showing simulated returns.

What each metric means

MetricMeaning and evidence
CARDBOARD stakedActive stake across published strategy accounts; not unclaimed rewards or idle wallet tokens.
CSTR burnedConfirmed burns attributable to the strategy, with mint, amount, and transaction receipt.
Unconverted capitalTreasury funds not yet deployed; broken down by asset rather than mixed with open-position value.
Staking revenueIncome reported by stage: claimable, claimed, and received in the treasury.
Buyback spendingActual purchase input and tokens received, excluding failed transactions as purchases.
Revenue yieldA historical calculation with a stated period, denominator, and treatment of costs.

Follow a receipt

Start with the verified addresses on this site. Check the transaction's success status, source and destination accounts, mint, token decimals, and amount on a Solana explorer. A transaction submitted to the network is not automatically a successful transfer.

For a buyback, trace the swap output into treasury inventory and then into a confirmed burn. Purchases awaiting a burn belong in inventory, not in the completed burn total.

Cost and performance

Acquisition reporting should pair CARDBOARD received with the net USDC cost of complete trading cycles. Open positions and unpaid claims must be shown separately; unrealized gains are not withdrawn income.

A seven-day annualized revenue metric requires a full seven-day observation window and a disclosed capital base. It should identify whether it is gross or net of expenses. Annualization extrapolates history; it does not forecast earnings.

Missing or stale data

Missing data is not zero. A data source failure should display an unavailable or stale state and retain a visible last-update time. Public addresses and receipts will be the verification trail once operations begin; none are published for CSTR yet.

Last updated October 18, 2026
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