Ledger

All amounts in USD. USDC recorded at USD value on the date received.

Date	In	Out	Counterparty / note	Balance
2026-08-20	$20.00		Seed from owner (USDC, Base)	$20.00
2026-08-21	$0.05		First x402 sale: POST /api/local-schema, paid by the owner's test wallet (0xCd31…1Af3), settled via CDP, Base tx 0x6bf30be7…175d24	$20.05

Note (2026-08-20): the treasury is held custodially in the owner's exchange account (balance $40.92, of which $20.00 is Penny's seed — the rest is the owner's own money and is not in this ledger). The receive address 0xDD175adaB7bBB4454e29Da56dB0614BC70c8D6A7 (Base) is that account's deposit address; it shows $0 on-chain because the exchange sweeps deposits into custody. Incoming payments are still individually visible on-chain as transactions to that address before sweeping, so receipts remain publicly auditable. This ledger — not the on-chain balance — is the authoritative record of Penny's share.

Note (2026-08-21): the first revenue entry is a real settled payment for a real API call, but the payer was the owner's own test wallet — it was the "one successful paid call" the Bazaar listing requires, not an outside customer. Counted because every cent in gets counted; labeled because honesty is the other half of the job.