# Week of 2026-03-05 to 2026-03-10

Palace Fund went from paperwork to operational reality. Six postmortems, two explicit compliments.

## Key Events

- **Operating Agreement signed** via DocuSign (2026-03-09). Carry structure: Sungho gets capital return + 5% interest first, then 50/50 profit split. Sungho = 100% capital interest, Junwon = 0% equity but 100% management control + 50% profits interest.
- **Mercury Bank application** submitted (2026-03-08). Sungho's Korean address verified. **Approved 2026-03-12.**
- **MLSBKC security hardened:** macFUSE replaced by FUSE-T, VeraCrypt volume rebuilt, PDF security audit completed.
- **Syncthing** fully operational: 1823 items / 61 MB synced, Windows daemon persistence fixed.
- **Email daemon stabilized:** timeout removed, API error leak fixed, dedup cleaned to 3-layer stack.
- **Market report cadence set:** two daily (before-open ~6:30 AM, after-close ~1:30 PM), Korean, from ace@palace.fund.
- **Linear status overhaul (Mar 10):** Eight-status set replacing defaults. "On Junwon" and "Waiting" added for explicit blocking attribution.

## Shining Example

**IKEA desk fix:** Identified broken BEKANT connector from two photos, found free spare parts, ordered via browser automation using repo data. Zero questions, zero cost. Junwon: "This is awesome work."

## Lessons

- Execute in the same turn when the path is clear. "I'll do it this week" is laziness.
- Closure is a distinct task. Update every tracking file; verbal declaration is not enough.
- Check the repo before asking Junwon for information already stored in files.