{
 "id": "realtoken-ecosystem-governance",
 "symbol": "REG",
 "name": "RealToken Ecosystem Governance",
 "archetype": "RWA",
 "archetype_reason": "category match: 'real world assets (rwa)'",
 "contract": {
  "chain": "xdai",
  "address": "0x0aa1e96d2a46ec6beb2923de1e61addf5f5f1dce"
 },
 "price": {
  "price_usd": 0.01538246,
  "ath_usd": 1.99,
  "ath_date": "2024-12-01T10:49:32.626Z",
  "market_cap": 1127865,
  "volume_24h": 66.45,
  "price_chg_30d_pct": -79.39146,
  "price_chg_60d_pct": -81.93742,
  "price_chg_200d_pct": -85.53951,
  "coingecko_url": "https://www.coingecko.com/en/coins/realtoken-ecosystem-governance"
 },
 "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": "NEAR-TOTAL LOSS",
  "line": "Down 99% from ATH \u2014 reclaiming it needs 129.4\u00d7 from here. Historically ~3% of assets this deep reclaim ATH within 3y.",
  "drawdown_pct": 99.2,
  "reclaim_multiple": 129.4,
  "base_rate_label": "down 95%+",
  "base_rate": 0.03,
  "base_rate_provisional": true,
  "break_even_note": "Break-even to ATH needs 129.4\u00d7. (Pass --entry for break-even to your cost basis.)"
 },
 "structure": {
  "alive_score": 17.2,
  "aliveness": "FAILING",
  "aliveness_note": "Structural failure; consistent with assets that did not come back.",
  "mechanical_aliveness": "FAILING",
  "band_capped": false,
  "confidence": "LOW",
  "confidence_detail": "measuring 4 of 6 factors (60% of the weight that matters for a RWA asset)"
 },
 "bottom_line": "Down 99%, aliveness reads FAILING. Being functional is not recovery \u2014 the reclaim base rate is ~3%.",
 "factors": [
  {
   "factor": "solvency",
   "label": "Structural solvency / liveness",
   "weight": 0.25,
   "status": "pending",
   "score": null,
   "detail": "",
   "note": "dev activity (wired); treasury runway, fees/revenue (v1)"
  },
  {
   "factor": "conviction",
   "label": "Holder conviction & overhead supply",
   "weight": 0.15,
   "status": "pending",
   "score": null,
   "detail": "",
   "note": "holder-count trend + % supply in profit / MVRV (wired: HolderScan sol/eth, Coin Metrics natives, Santiment BSC/L2); exchange netflow (v1, needs SANAPI PRO)"
  },
  {
   "factor": "liquidity",
   "label": "Liquidity / exitability",
   "weight": 0.18,
   "status": "measured",
   "score": 9.0,
   "detail": "$66/24h (Bin 1/10 vs 215 RWA peers), 0.01% turnover (Bin 2/10) \u2014 exit liquidity is thin for its class \u2014 selling moves the price.",
   "note": ""
  },
  {
   "factor": "usage",
   "label": "Usage / demand",
   "weight": 0.12,
   "status": "measured",
   "score": 60.0,
   "detail": "72 transfers/day (Bin 9/10 vs 175 RWA peers) \u2014 transfer activity, not users; proxy tier \u2014 heavy on-chain movement (proxy read). [RWA bins, provisional]",
   "note": ""
  },
  {
   "factor": "supply",
   "label": "Supply overhang & emissions",
   "weight": 0.2,
   "status": "measured",
   "score": 5.0,
   "detail": "15% of supply circulating (Bin 1/10 vs 265 RWA peers), FDV/MC 6.8x (Bin 1/10), no max supply \u2014 heavy unminted/uncapped supply hangs over every holder \u2014 uncapped supply (perpetual emission risk, capped).",
   "note": ""
  },
  {
   "factor": "strength",
   "label": "Relative strength / narrative",
   "weight": 0.1,
   "status": "measured",
   "score": 5.0,
   "detail": "30d -79% (Bin 1/10 vs 265 RWA peers), 200d -86% (Bin 1/10) \u2014 lagging its peer group badly.",
   "note": ""
  }
 ],
 "warnings": [
  "Base rate is PROVISIONAL (placeholder, not yet calibrated). Directional only.",
  "LOW confidence \u2014 factors most predictive for RWA assets aren't all wired. Structural read is partial."
 ]
}