diff --git a/lib/strategies/threshold.js b/lib/strategies/threshold.js
deleted file mode 100644
index 0185019..0000000
--- a/lib/strategies/threshold.js
+++ /dev/null
@@ -1,68 +0,0 @@
-import { BaseStrategy } from './base.js';
-
-export class ThresholdStrategy extends BaseStrategy {
-  constructor(config = {}) {
-    super('threshold', {
-      triggerPct: config.triggerPct || 65,
-      betSize: config.betSize || 1,
-      slippage: config.slippage || 3,
-      cooldownMs: config.cooldownMs || 30000,
-      ...config
-    });
-
-    this._lastTrade = {
-      paper: { time: 0, ticker: null },
-      live: { time: 0, ticker: null }
-    };
-  }
-
-  evaluate(state, caller = 'paper') {
-    if (!state || !this.enabled) return null;
-
-    const track = this._lastTrade[caller] || this._lastTrade.paper;
-    const now = Date.now();
-    if (now - track.time < this.config.cooldownMs) return null;
-    if (state.ticker === track.ticker) return null;
-
-    const { yesPct, noPct } = state;
-    const trigger = this.config.triggerPct;
-
-    let signal = null;
-
-    if (yesPct >= trigger && noPct < 99) {
-      signal = {
-        strategy: this.name,
-        side: 'no',
-        price: noPct,
-        maxPrice: Math.min(noPct + this.config.slippage, 95),
-        size: this.config.betSize,
-        reason: `Yes at ${yesPct}% (≥${trigger}%), contrarian No at ${noPct}¢`,
-        ticker: state.ticker
-      };
-    } else if (noPct >= trigger && yesPct < 99) {
-      signal = {
-        strategy: this.name,
-        side: 'yes',
-        price: yesPct,
-        maxPrice: Math.min(yesPct + this.config.slippage, 95),
-        size: this.config.betSize,
-        reason: `No at ${noPct}% (≥${trigger}%), contrarian Yes at ${yesPct}¢`,
-        ticker: state.ticker
-      };
-    }
-
-    if (signal) {
-      track.time = now;
-      track.ticker = state.ticker;
-    }
-
-    return signal;
-  }
-
-  toJSON() {
-    return {
-      ...super.toJSON(),
-      lastTradeTicker: this._lastTrade.live.ticker || this._lastTrade.paper.ticker
-    };
-  }
-}