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Risk Grading (R1-R5)

Standardized risk classification for RWA investments


Overview

PicWe uses a five-level risk grading system (R1-R5) to classify RWA investments. This standardized framework helps investors understand the risk profile of each asset and make informed decisions.


Risk Levels

R1 — Very Low Risk

Capital Preservation Focus

CharacteristicDescription
Default RiskMinimal
LiquidityHigh
VolatilityVery low
Typical APY3-6%

Examples:

  • Government treasury bills
  • Sovereign bonds (investment grade)
  • Central bank deposits
  • AAA-rated corporate bonds

Suitable for: Investors prioritizing capital safety above returns.


R2 — Low Risk

Stable Income Focus

CharacteristicDescription
Default RiskLow
LiquidityModerate to High
VolatilityLow
Typical APY5-10%

Examples:

  • Investment-grade corporate bonds
  • Secured lending products
  • Senior debt tranches
  • High-quality REITs

Suitable for: Income-focused investors seeking steady returns.


R3 — Medium Risk

Balanced Growth Focus

CharacteristicDescription
Default RiskModerate
LiquidityModerate
VolatilityMedium
Typical APY8-15%

Examples:

  • Commercial real estate
  • Revenue-sharing agreements
  • Infrastructure projects
  • Mezzanine debt

Suitable for: Investors seeking balance between growth and stability.


R4 — High Risk

Growth Focus

CharacteristicDescription
Default RiskElevated
LiquidityLower
VolatilityHigh
Typical APY12-25%

Examples:

  • Growth equity
  • Venture debt
  • Emerging market assets
  • Development projects

Suitable for: Experienced investors comfortable with volatility.


R5 — Very High Risk

Maximum Returns Focus

CharacteristicDescription
Default RiskHigh
LiquidityLow
VolatilityVery high
Typical APY20%+

Examples:

  • Early-stage ventures
  • Speculative projects
  • Distressed assets
  • Experimental protocols

Suitable for: Sophisticated investors prepared for potential capital loss.


Risk Assessment Criteria

Each RWA is evaluated on multiple factors:

1. Asset Quality

  • Underlying asset value and stability
  • Historical performance data
  • Collateralization level

2. Issuer Credibility

  • Track record
  • Financial strength
  • Operational capacity

3. Market Conditions

  • Sector health
  • Economic environment
  • Regulatory landscape

4. Structural Protections

  • Seniority in capital structure
  • Covenants and triggers
  • Insurance coverage

Risk Visualization

Risk vs Return Profile


Matching with Investor Profiles

Risk LevelCompatible Profiles
R1C1, C2, C3, C4, C5
R2C2, C3, C4, C5
R3C3, C4, C5
R4C4, C5
R5C5 only

Conservative investors (C1) should only invest in R1 assets, while aggressive investors (C5) can access all risk levels.


Important Considerations

Floor Price Protection

All RWA tokens on Origin Mincast have floor price protection. However:

  • Floor price ≠ purchase price
  • Loss between floor and purchase is possible
  • Higher risk = larger potential gap

Diversification

Consider spreading investments across:

  • Multiple risk levels
  • Different asset types
  • Various issuers

Due Diligence

Risk grades are informational:

  • Review asset details personally
  • Understand specific risks
  • Consider your financial situation

Next Steps

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