
Secured Debt, What Is It?
Not all debt is created equal. The difference between secured and unsecured debt determines what a lender can take from you when things go wrong — and most people don't think about it until it's too late.
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From first principles to practice.

Not all debt is created equal. The difference between secured and unsecured debt determines what a lender can take from you when things go wrong — and most people don't think about it until it's too late.

"A core rewrite, a lifecycle state machine, CI orchestration, observability, an internal operator dashboard with audit trail, and documentation for engineers not yet hired — the internal work that decides whether the external promises can be kept."

"Organisations and RBAC, compute sleep cycles, a custom support system, and paper trading — four updates that don't add to the exchange count, but change what it means to actually operate on the platform."

Cloudflare Email Routing handles the receiving half. This post covers sending — Gmail "Send As" for human outbound, Resend for programmatic.

After discovering Claude Code and integrating it into a solo 82,000-line trading platform, the real lesson wasn't about speed — it was about context: "in your head, in the model's window, and in the codebase itself."

Set up free email forwarding for any custom domain using Cloudflare Email Routing — no paid email host required.

Nine exchanges, a full adapter suite, equity protection, compute downsizing, and an honest account of what multi-exchange support actually requires to get right.

Updates on changes to plutarc by Valeon since launch. Four exchanges, 48 strategy components, a new billing model, and a compute layer that now spans three providers and five regions.

plutarc by Valeon is a platform for orchestrating the deployment of trading bots — configurable, composable, and built from the foundation up.

The price governing trillions in crypto derivatives liquidations and settlement is not derived from assets changing hands — it is derived from quotes. This is a proposal to replace the benchmark with one anchored to on-chain settlement, where the only way to move the price is to actually trade.