{
 "id": "baseline",
 "symbol": "B",
 "name": "Baseline",
 "archetype": "DeFi / Protocol",
 "archetype_reason": "category match: 'decentralized finance (defi)'",
 "contract": {
  "chain": "ethereum",
  "address": "0x9fdbde76236998dc2836fe67a9954ede456a1d63"
 },
 "price": {
  "price_usd": 2.39,
  "ath_usd": 3.32,
  "ath_date": "2026-05-11T06:35:40.890Z",
  "market_cap": 30107557,
  "volume_24h": 16.47,
  "price_chg_30d_pct": -0.17054,
  "price_chg_60d_pct": -24.67907,
  "price_chg_200d_pct": 0.0,
  "coingecko_url": "https://www.coingecko.com/en/coins/baseline"
 },
 "provenance": {
  "batch_date": "2026-07-14",
  "bagcheck_version": "0.17.1",
  "snapshot_id": "2026-07-14 v16",
  "label": "scored monthly \u00b7 batch of 2026-07-14"
 },
 "refused": false,
 "reclaim": {
  "severity": "SHALLOW",
  "line": "Down 28% from ATH \u2014 reclaiming it needs 1.4\u00d7 from here. Historically ~55% of assets this deep reclaim ATH within 3y.",
  "drawdown_pct": 27.9,
  "reclaim_multiple": 1.4,
  "base_rate_label": "down <50%",
  "base_rate": 0.55,
  "base_rate_provisional": true,
  "break_even_note": "Break-even to ATH needs 1.4\u00d7. (Pass --entry for break-even to your cost basis.)"
 },
 "structure": {
  "alive_score": 22.9,
  "aliveness": "IMPAIRED",
  "aliveness_note": "Core systems impaired; consistent with a project in decline.",
  "mechanical_aliveness": "IMPAIRED",
  "band_capped": false,
  "confidence": "HIGH",
  "confidence_detail": "measuring 6 of 6 factors (100% of the weight that matters for a DeFi / Protocol asset)"
 },
 "bottom_line": "Down 28%, aliveness reads IMPAIRED. Being functional is not recovery \u2014 the reclaim base rate is ~55%.",
 "factors": [
  {
   "factor": "solvency",
   "label": "Structural solvency / liveness",
   "weight": 0.22,
   "status": "measured",
   "score": 6.6,
   "detail": "0 commits/4wk, 0 contributors, last commit 219d ago \u2014 development has effectively stopped.",
   "note": ""
  },
  {
   "factor": "conviction",
   "label": "Holder conviction & overhead supply",
   "weight": 0.18,
   "status": "measured",
   "score": 25.0,
   "detail": "holders -7/30d (-0.1%, Bin 3/10 vs 278 DeFi / Protocol peers) \u2014 holders are leaving \u2014 conviction is draining. [DeFi / Protocol bins, provisional]",
   "note": ""
  },
  {
   "factor": "liquidity",
   "label": "Liquidity / exitability",
   "weight": 0.18,
   "status": "measured",
   "score": 5.0,
   "detail": "$16/24h (Bin 1/10 vs 358 DeFi / Protocol peers), 0.00% turnover (Bin 1/10) \u2014 exit liquidity is thin for its class \u2014 selling moves the price.",
   "note": ""
  },
  {
   "factor": "usage",
   "label": "Usage / demand",
   "weight": 0.2,
   "status": "measured",
   "score": 15.0,
   "detail": "4 transfers/day (Bin 2/10 vs 116 DeFi / Protocol peers) \u2014 transfer activity, not users; proxy tier \u2014 little on-chain movement. [DeFi / Protocol bins, provisional]",
   "note": ""
  },
  {
   "factor": "supply",
   "label": "Supply overhang & emissions",
   "weight": 0.12,
   "status": "measured",
   "score": 50.0,
   "detail": "60% of supply circulating (Bin 6/10 vs 360 DeFi / Protocol peers), FDV/MC 1.7x (Bin 5/10) \u2014 meaningful dilution still to come.",
   "note": ""
  },
  {
   "factor": "strength",
   "label": "Relative strength / narrative",
   "weight": 0.1,
   "status": "measured",
   "score": 70.0,
   "detail": "30d -0% (Bin 6/10 vs 360 DeFi / Protocol peers), 200d +0% (Bin 9/10) \u2014 outperforming its peer group.",
   "note": ""
  }
 ],
 "warnings": [
  "Base rate is PROVISIONAL (placeholder, not yet calibrated). Directional only."
 ]
}