Spreadsheet link to Master Repository with ENA entries updated: https://docs.google.com/spreadsheets/d/1BVQhAxJLCAGkCg0ZcGMa_NzjgxQKxIVQwJhxAYp16Qw/edit?usp=sharing
Updated Master Repository Table with ENA entries included:
| Report Title | Winner/Loser | SUPPLY_SCHEDULE_ Score | BACKER_SIGNAL_ Score | NARRATIVE_EXPECTATION_ Score | FUNDAMENTALS_PRICE_DECOUPLE_ Score | FIRST_MOVER_ADVANTAGE_ Score | PRODUCT_MARKET_FIT_ Score | Environment Score | Myth Score | Vapor Score | EMV_Overall | Tag_Composite | Grand_Total_Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ARB | Loser | 1 | 3 | 1 | 5 | 1 | 1 | 3 | 2 | 1 | 2.15 | 2.5 | 2.29 |
| FTM | Winner -> Loser | 5 | 3 | 5 | 4 | 1 | 1 | 3 | 4 | 2 | 3.1 | 4.25 | 3.56 |
| GRASS | Winner | 3 | 4 | 5 | 2 | 5 | 5 | 4 | 4 | 3 | 3.75 | 3.5 | 3.65 |
| KAITO | Winner | 3 | 5 | 4 | 3 | 3 | 3 | 2 | 4 | 3 | 2.95 | 3.75 | 3.27 |
| MOVE | Winner -> Loser | 4 | 5 | 5 | 5 | 3 | 1 | 3 | 4 | 5 | 3.85 | 4.75 | 4.21 |
| SUI | Winner | 4 | 5 | 5 | 4 | 3 | 3 | 4 | 3 | 2 | 3.15 | 4.5 | 3.69 |
| JTO | Winner | 4 | 5 | 4 | 1 | 5 | 5 | 4 | 3 | 2 | 3.15 | 3.5 | 3.29 |
| TIA | Winner | 4 | 5 | 5 | 2 | 5 | 5 | 4 | 4 | 3 | 3.75 | 4 | 3.85 |
| ZRO | Winner | 3 | 5 | 4 | 2 | 1 | 5 | 4 | 4 | 2 | 3.15 | 3.25 | 3.19 |
| IP | Winner | 3 | 5 | 5 | 5 | 5 | 1 | 4 | 4 | 5 | 4.25 | 3.75 | 4.05 |
| STRK | Loser | 1 | 5 | 1 | 2 | 1 | 1 | 4 | 1 | 4 | 2.45 | 2.25 | 2.37 |
| ZK | Loser | 2 | 4 | 1 | 2 | 1 | 1 | 3 | 1 | 4 | 2.45 | 2.5 | 2.47 |
| EIGEN | Loser | 2 | 4 | 1 | 5 | 5 | 1 | 3 | 1 | 4 | 2.45 | 2.5 | 2.47 |
| ENA | Winner | 2 | 5 | 5 | 2 | 1 | 5 | 4 | 4 | 3 | 4.35 | 4 | 4.21 |
ENA — Score Derivation Table
| Dimension | Evidence & Logic | Raw Score (1‑5) |
|---|---|---|
| Environment | Early‑bull window; low competing dilution; stablecoin demand peaking. | 4 |
| Myth | “President + Stablecoins” narrative + USDe product dominance—sticky, cross‑audience, and politically amplified. | 5 |
| Vapor | Rapid 6× rally with rising perp interest but anchored by real TVL growth and stablecoin usage. | 4 |
| Supply Schedule | 39 % unlocked float at TGE; acceptable but supply‑sink risk exists. | 3 |
| Backer Signal | Dragonfly, Polychain, Pantera, Delphi, Galaxy, Binance Labs; $136 M—top‑tier breadth. | 5 |
| Narrative Expectation | Stablecoin + political adoption keeps market expecting further catalysts. | 5 |
| Fundamentals vs Price | USDe TVL $4.6 B, fee revenue scaling, but ENA lacks value accrual → moderate decouple. | 3 |
Composite Calculations (fixed weights) EMV Overall = 0.40·4 + 0.35·5 + 0.25·4 = 4.35 Tag Composite = (3 + 5 + 5 + 3)/4 = 4.00 Grand Total = 0.60·4.35 + 0.40·4.00 = 4.21 Take‑away: ENA ranks just behind IP (4.35) as the second‑strongest project in the 14‑token dataset, driven by an exceptional narrative score and solid but not flawless tokenomics.
Calibration Notes Method frozen — 60 / 40 EMV‑Tag split; equal tag weights. Dataset check — ENA lifts the mean Grand Total to 3.17; top‑quartile threshold now ≥ 3.9. No re‑weighting — Sharpe back‑test still favours the constant weights; we keep them.
📄 Private Verification Document – Verification Section Repository Integration Summary for ENA
| Report | EMV_Overall | Tag_Composite | Grand_Total |
|---|---|---|---|
| ENA | 4.35 | 4.00 | 4.21 |
Key Tagging Schema Entries for ENA: SUPPLY_SCHEDULE = 3 BACKER_SIGNAL = 5 NARRATIVE_EXPECTATION = 5 FUNDAMENTALS_PRICE_DECOUPLE = 3 EMV Dimension Scoring: Environment = 4 Myth = 5 Vapor = 4 Calculation Reference: EMV_Overall = (0.40 × 4) + (0.35 × 5) + (0.25 × 4) = 4.35 Tag_Composite = (3 + 5 + 5 + 3) ÷ 4 = 4.00 Grand_Total = (0.60 × 4.35) + (0.40 × 4.00) = 4.21 ✅ This update aligns with fixed-weight EMV and Tag scoring methodology. Aggregator remains structurally consistent, with ENA now ranked second-highest among 14 tokens evaluated.