ARCLENØS Launch

Adaptive graduation. No 42 ETH doctrine.

Capital formation graduates when users, organic flow, depth and integrity clear gates — not when a single reserve threshold is hit.

Graduation score

36.8

Decision

Hold

Blockers

5

Controller inputs

Unique economic users

Capital committed USD

Reserve depth USD

Holder HHI

Organic tx velocity

Organic ratio

Referral diversity

Liquidity demand

Price impact bps

Wash probability

Expected DEX depth USD

Volatility

Treasury runway days

Tx failure rate

Reasons

No supporting reason yet.

Blockers

Unique economic users below 25.
Organic/incentivized ratio below 0.45.
Wash probability above 0.35.
Holder concentration (HHI) above 0.35.
Expected DEX price impact above 180 bps.