PASSMIZAN Level I · Honest Executionengine era · v10 · composed PBO S=16, n_eff DSR, fractional sizing
A cryptographic credential on the MIZAN registry — every number below is committed
inside a zero-knowledge proof and re-derived by an independent verifier. The strategy itself is
never revealed.
STARK sealverified — no trusted setup, re-checkable by anyone
Committed journalbound to this credential — one changed byte and every verifier rejects it
Engine erarecognized — v10 · image dafad185fe3e (append-only era registry)
Gate policypinned — identical for everyone, computed in-circuit
Costsreturns are net of the committed per-side costs disclosed on this credential (in-circuit enforcement of the 7 bp + 3 bp floor is roadmap)
Lookaheadstructurally impossible — signal t → return t+1
Verdictrecomputed from the committed positions — a fabricated curve cannot pass
Independent re-verificationpassed on the standalone era verifier
The strategy itselfnever revealed — sealed by construction
Committed metrics · re-derived by the verifier
Sharpe · full / OOS1.50 / 0.87
CAGR28.8% (net +345% · 5.9y)
Max drawdown · worst bar−20.8% · -9.1%
Calmar · exposure1.39 · 45.9%
Trades100 (5928 of 12917 bars)
Independence (1−R²)41% · mkt 32% mom 57% rev 9%
Costs in-circuit7+3 bps
What this proves · what it does not
Provesthe committed computation ran on the pinned data under the locked gate — net of the committed, disclosed costs, with the committed trial ledger
Does not provefuture returns · deployable capacity · real-world fills beyond the committed cost model · transfer to other assets or windows · robustness to search multiplicity — a separate credential class, and one our own flagship fails
The verdict on this page is not an assertion by MIZAN — it is recomputed on
your machine from the proof bundle. Download the bundle, grab the pinned era verifier and
the canonical dataset from the Verify page, and run:
Minted by engine era v10 — append-only era registry: a credential verifies against its own era's engine id forever; superseded ≠ revoked. How the Standard works →
ميزان MIZAN — the verification rail for systematic finance · Mizan Verification, Inc.
Every claim on this page is re-derivable from the proof bundle by anyone, trusting no one — including us. Prove the edge. Never reveal the strategy.