> For the complete documentation index, see [llms.txt](https://docs.flash.im/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.flash.im/whitepaper/the-embedded-news-layer.md).

# The Embedded News Layer

### 4.1 One Call, One Layer

FLASH solves this with an embedded news layer. Inside the very screen where trading happens, one API call renders the news and the judgment together. Users never leave the screen, and partners never build a newsroom.

What the layer carries is intelligence. Every event arrives as a single card with the judgment complete.

<figure><img src="https://747652094-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FXF7WB8PYgl8c5gX0ps3D%2Fuploads%2Fwv9hgR9MbwFoJwnweHKm%2FV4-5_live-wall-product.png?alt=media&#x26;token=843f5222-5700-4645-b23e-6f62d83a84e3" alt="The layer rendered in a live screen"><figcaption></figcaption></figure>

### 4.2 One Card, Every Judgment

Every event arrives as one card. A card has three parts.

<table data-view="cards"><thead><tr><th></th><th></th><th></th></tr></thead><tbody><tr><td><h4><i class="fa-newspaper" style="color:$primary;">:newspaper:</i></h4></td><td><strong>Content</strong><br>What happened</td><td><code>headline</code> <code>summary</code> <code>body</code></td></tr><tr><td><h4><i class="fa-brain" style="color:$primary;">:brain:</i></h4></td><td><strong>Intelligence</strong><br>How the market reads it</td><td><code>impact</code> <code>impactScore</code> <code>sentiment</code> <code>eventType</code> <code>whyItMatters</code> <code>cluster</code></td></tr><tr><td><h4><i class="fa-link" style="color:$primary;">:link:</i></h4></td><td><strong>Source and joins</strong><br>Where it came from and what it connects to</td><td><code>source</code> <code>sourceUrl</code> <code>sourceImageUrl</code> <code>entities</code> <code>categories</code> <code>coins</code> <code>cover</code></td></tr></tbody></table>

The content is a rewrite synthesized from multiple outlets' reporting, and every card carries a link to an original article.

### 4.3 impact

`impact` answers how much this event matters. On screen it renders as dots, and the number of dots is the value.

<figure><img src="https://747652094-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FXF7WB8PYgl8c5gX0ps3D%2Fuploads%2F5AGDEr8jO5jW4veV8UzV%2FV4-1_impact-scale-gate.png?alt=media&#x26;token=447d500a-70ea-4a23-b909-7d288d1a919a" alt="The impact scale and the publishing gate"><figcaption></figcaption></figure>

Within one impact tier, `impactScore` (0 to 100) sets the order.

{% hint style="info" %}
`impact` 1 does not exist in the feed. Sponsored content, press releases, and out-of-domain noise are filtered at publication.
{% endhint %}

### 4.4 sentiment

`sentiment` answers how the market reads this event, in five values: Bullish, Mildly Bullish, Neutral, Mildly Bearish, Bearish. Mildly means lower intensity.

<figure><img src="https://747652094-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FXF7WB8PYgl8c5gX0ps3D%2Fuploads%2FAD2R7YARzKQCq7IcrTKO%2FV4-2_sentiment-spectrum.png?alt=media&#x26;token=01ba5b6a-31e1-4ff5-921e-99a71bcbe7ed" alt="The five sentiment values"><figcaption></figcaption></figure>

{% hint style="warning" %}
`sentiment` is assigned only to crypto and economy cards. Politics and geopolitics cards carry no sentiment. That is neutrality by design, not missing data.
{% endhint %}

### 4.5 eventType

`eventType` answers what kind of event this is, in a fixed classification of 18 types.

| Family                  | eventType                                        |
| ----------------------- | ------------------------------------------------ |
| Policy, regulation, law | policy-decision, regulation-action, legal-action |
| Elections, appointments | election, appointment                            |
| Data                    | data-release, data-point                         |
| Corporate, funding      | corporate-action, funding-deal                   |
| Security                | security-incident                                |
| Disaster                | disaster                                         |
| Geopolitics, diplomacy  | geopolitical-event, diplomatic-event             |
| Statements, commentary  | official-statement, analysis-commentary          |
| Market, operations      | market-move, ops-notice, digest                  |

The classification has a hierarchy. What an authority did outweighs what an authority said, and coverage of an event outweighs commentary about it. Full definitions of the 18 types are in the Appendix.

### 4.6 entities

`entities` answers who is involved in this event. Each subject is recorded in three layers: full name, aliases, and ticker. Federal Reserve and Fed, Bitcoin and BTC are the same subject in different spellings, and the card knows all three.

<figure><img src="https://747652094-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FXF7WB8PYgl8c5gX0ps3D%2Fuploads%2FV7eo2Pf3J3EsBd7zY8Cp%2FV4-3_entities-join.png?alt=media&#x26;token=d7746e17-6f4a-4170-bd16-73b36be18816" alt="entities as the join key"><figcaption></figcaption></figure>

These three layers are FLASH's join key. Prediction market contracts, exchange asset pages, and cover images connect instantly on top of entities.

### 4.7 whyItMatters

`whyItMatters` answers why this event matters today, in one or two sentences. It is generated only for cards at impact 4 and above.

It is the only field that carries narrative reasoning, and it is delivered as a separate field. Partners choose whether to take it.

### 4.8 Cluster

The same event is reported many times by many outlets. FLASH converges them into one event and delivers one representative card with a related-coverage count.

<figure><img src="https://747652094-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FXF7WB8PYgl8c5gX0ps3D%2Fuploads%2F61qC4rX6X9yfAwO87e20%2FV4-4_cluster-merge.png?alt=media&#x26;token=bbf689c4-54f4-4737-ac2a-9f15af936ac2" alt="Many reports converge into one card"><figcaption></figcaption></figure>

Duplication disappears, and the breadth of coverage remains as evidence of trust.

### 4.9 Sixteen Languages, One Judgment

Content fields are delivered in 16 languages simultaneously. Judgment values are identical across languages: impact 4 is 4 on a Korean screen and on a Japanese screen alike.

Every translation is a rendition of FLASH's own text, never of the source article.