Period Ending 31 March 2026 · Filed by the Office of the Registrar
The undersigned auditors have examined the on-chain treasury balances, validator quorum performance, and disclosure cadence of the MEOR Protocol for the quarter ending 31 March 2026. In our opinion, the protocol's records present fairly, in all material respects, the position of the public ledger in conformity with the Sovereign Petroleum Accord.
Unqualified. No material weaknesses were identified. Two non-material observations regarding documentation cadence have been recorded as findings AR-Q1-04 and AR-Q1-09 respectively, with management response appended in Schedule C.
Total custodied supply: 1,000,000,000 MEOR. Circulating: 412,847,209 MEOR. Locked liquidity: 100% of stated reserve. Disbursements during the period: 4,201,418 MEOR across 47 verified supply recipients spanning 19 nations.
Validator quorum maintained an availability of 99.998% across 21 of 28 active nodes. Mean time-to-finality measured 412 ms, 99th-percentile latency 1.04 s. Three nodes were placed in observation following minor liveness warnings (V-04, V-11, V-22) and have since returned to nominal status.
203 instruments were filed during the period, of which 198 were ratified, 4 remained pending public comment, and 1 was withdrawn at the request of the proposing steward. All filings appear in Volume I of the Document Registry.
AR-Q1-04 — Routine documentation lag of 38 hours observed between block confirmation and Registry posting for two filings. AR-Q1-09 — Recommend formalisation of the validator on-call rotation in the operating memorandum.