Control profile
- Transaction ordering
- Permissionless validator set
- Escape hatch
- n/a — L1
- Upgrade authority
- No admin key over user funds.
- Liveness record
- Ranks mid-tier on decentralisation metrics; same methodology caveat as Avalanche.
Ketju assessment
Not yet researched to our standard. Blocks navi-lending. A young chain with a novel object model and its own consensus — the time-in-market argument that holds Jupiter Lend applies here with more force, since a chain failure has no venue-level mitigation.
Observable review triggers
- n/a — pending review
These triggers make the judgment monitorable. They are not predictions; each identifies a fact that would revoke or force review of the current assessment.
Advisor implementation questions
- Does the client’s thesis require censorship resistance, or primarily low-cost settlement?
- Can the client exit without cooperation from the normal transaction-ordering party?
- Who can upgrade bridges or contracts, and what delay applies?
- Does the asset introduce an issuer weaker than the chain grade?
- What evidence will show a halt, censorship event, or governance change?