diff --git a/README.md b/README.md
index 30fcc93..7fd0807 100644
--- a/README.md
+++ b/README.md
@@ -20,8 +20,10 @@ This app (One Name `ecomm`, see [`app.json`](./app.json)) is composed of:
 
 ## Status
 
-SLICE-1 (walking skeleton) of SD-0001 is in place: a four-layer FastAPI backend that
-self-migrates an empty PostgreSQL database at startup and serves `/healthz`, a
-Vite/React shell, the `scripts/check.sh` gate, and the dev container lifecycle
-(`scripts/dev.sh`). See [`docs/BOOTSTRAP.md`](./docs/BOOTSTRAP.md) to run it locally.
-Identity (SLICE-2) and the storefront (SLICE-3) are next.
+SLICE-2 (identity) of SD-0001 is in place on top of the SLICE-1 skeleton: open,
+passwordless sign-up/log-in by email + one-time code (`accounts` domain, INV-2/INV-3),
+signed-cookie sessions, the `/api/auth/*` endpoints (`request-code`, `verify`, `me`,
+`logout`), the `platform/mailer` port with `LogMailer` (the dev code channel), and the
+Landing + Sign-in screens with the entry-routing rule (storefront hard-wired `null` until
+SLICE-3). See [`docs/BOOTSTRAP.md`](./docs/BOOTSTRAP.md) to run it locally. The storefront
+(SLICE-3) and deployed environments (SLICE-4) are next.