AUTO-GENERATED TOKEN DISCLOSURE — RH CHAIN (4663). RETURN TO FILINGS
5. The Grade
In plain terms: the grade counts bad things actually found and data not yet checked — nothing else. Findings drag it down (worst finding wins), missing data blocks it entirely, and a clean, fully-checked token lands at A or B depending on whether it graduated. There is no scoring model to game and no judgment to argue with; the whole formula fits in the box below.
THE ENTIRE FORMULA: ANY CRITICAL FINDING ............................ F ELSE ANY MATERIAL FINDING ....................... D ELSE ANY NOTE FINDING ........................... C ELSE, IF DATA IS INCOMPLETE ..................... NG (NOT YET GRADABLE) ELSE, IF GRADUATED (LP BURN VERIFIED) ........... A ELSE, IF CURVE IS DEAD .......................... C ELSE (ACTIVE CURVE, NOTHING FOUND) .............. B "DATA COMPLETE" REQUIRES: TOKEN STATE SNAPSHOT; HOLDER BALANCES SWEPT PAST LAUNCH; LAUNCH COHORT ANALYZED FOR BUNDLING; AND, FOR GRADUATED TOKENS, LP BALANCES READ. FINDINGS ARE LISTED IN ITEM 5 WITH THEIR EVIDENCE.
That is the whole formula. There are no weights, no scores, no model, and no judgment — the grade is a deterministic function of verified findings and data completeness, computed when the page renders, from the same rows the page prints.
Why NG Exists
A TOKEN TEN MINUTES OLD WITH NOTHING CHECKED IS THE MOST DANGEROUS KIND OF TOKEN, AND A GRADING SYSTEM THAT DEFAULTS IT TO "A — NOTHING FOUND" WOULD BE LYING WITH ARITHMETIC. INCOMPLETE DATA THEREFORE MAPS TO NG (NOT YET GRADABLE), NEVER TO A GOOD GRADE. THE FILING LISTS EXACTLY WHICH READS ARE MISSING.
Live Distribution (all 209,934 tokens, as of block 33,778,525)
| GRADE | TOKENS | SHARE |
|---|---|---|
| A | 114 | 0.05% |
| B | 14 | 0.01% |
| C | 8,499 | 4.05% |
| D | 183,133 | 87.23% |
| F | 0 | 0.00% |
| NG | 18,174 | 8.66% |
READ THE DISTRIBUTION BEFORE READING ANY SINGLE GRADE. AN "A" IS RARE BECAUSE THE POPULATION IS WHAT IT IS, NOT BECAUSE THE BAR IS CLEVER: MOST TOKENS CARRY MATERIAL CREATOR-HISTORY FINDINGS, AND MOST CURVES ARE DEAD. A GRADE IS NOT A RECOMMENDATION. A HIGH GRADE MEANS NOTHING ADVERSE WAS FOUND IN WHAT WAS CHECKED — NOT THAT NOTHING ADVERSE EXISTS. GLANCE DOES NOT SELL RATINGS.