diff --git a/README.md b/README.md
index 9fc1d26..83a13f5 100644
--- a/README.md
+++ b/README.md
@@ -4,9 +4,7 @@
 
 Each rule can be used **standalone**, directly plugged into a CMTAT token, **or** managed collectively via a RuleEngine.
 
-**Status:** *Repository under active development*
-
-Latest update: transfer-context token mocks now use OpenZeppelin ERC-20/ERC-721; test utilities and harness contracts were moved from `test/` to `src/mocks` and `src/mocks/harness`; context spender handling remains `sender == from` => direct transfer; audit L-8 fixed by removing an unused conditional-transfer custom error.
+> This project has not undergone an audit and is provided as-is without any warranties.
 
 ## Schema