Quick start for judges

If you have five minutes and do not want to navigate the sidebar yourself, read these five pages in order. Each one links onward.

The five-minute path

1. What Beleth is — one page. An autonomous agent that sells a measured volatility risk premium through defined-risk vertical spreads on an Alpaca paper account, and stays out when the premium is not there. What it deliberately does not do is on the same page.
2. The volatility risk premium — the edge it is trying to collect, why that edge exists, and why it is not always there. This is the "is the idea sound?" page.
3. How a cycle works — the six steps every decision runs through, from reading the VIX regime to submitting an order or writing down why it did not.
4. Risk checks and the kill switch — the explicit pre-trade check every order passes, and the fact that its rejections are logged and shown with the same weight as fills. This is the "is it safe?" page.
5. Reading the dashboard — a 30-second tour of the public homepage so the live numbers mean something.

If you have longer

• Architecture — the two processes, how they communicate, and what happens when one goes down.
• Position sizing — how each trade is sized against equity, with a worked example.
• Order failures and partial fills — what happens when an order is rejected or an account ends up unbalanced.
• Data sources and fallbacks — where the VIX and the option prices come from, and the behaviour when a feed is down.
• Backtest and track record — why there is no historical backtest, and what stands in its place.

Everything a decision used is in the log. The dashboard's decision history shows the raw model reasoning, the full risk-check detail, and every reconstructed position — read-only for the demo admin account.