Crypt Tags
Every crypt on Reaper has a few tags associated with it. These tags serve as objective risk assessment vectors that we hope will help you make informed investment decisions.
Going from left to right in the image above, let's discuss what each tag symbolizes.

Platform Risk

The longer a platform has been live, the more likely it has been subjected to different attack vectors and withstood the ultimate test, which is the test of time. If the underlying protocol that the crypt's strategy relies on has been in production for more than three months, the platform risk tag will be the clock symbol. Otherwise, it will be the "NEW" symbol.

Reaper Risk

At Reaper.Farm we write smart contracts on top of other protocols' smart contracts to help you get the most out of your investments. Naturally, our own contracts introduce another layer of smart contract risk. This risk is entirely a function of how complex a crypt's strategy is, and we utilize animated gauges to communicate this intuitively. Most strategies will be low in complexity, with some being medium, and β€œhigh” used sparingly.

Asset Risk

Asset risk is subdivided into two categories: market capitalization, and algorithmic risk.

Market Capitalization

An asset's market cap is a reasonably sufficient indicator of its volatility. A token with a higher market cap is less likely to experience wild fluctuations in its price due to speculation and macroeconomic events, compared to a token with a lower market cap. We utilize three ranges (denominated in US dollars) to categorize each asset in this regard: less than 50 million, between 50 million and 500 million, and greater than 500 million.
Note that for crypts with multiple underlying assets, the market cap tag will correspond to the asset with the lowest market cap. So for instance, if a crypt utilizes an LP pair whereby one asset has $1B market cap and the other has $25M market cap, the asset risk would effectively fall under the "less than 50 Million" category.

Algorithmic Risk (optional)

This tag will only show up if the crypt utilizes an algorithmic token. Algorithmic tokens and stablecoins involve experimental peg-keeping mechanisms and unique layers of risk not found in collateralized or over-collateralized tokens. Such assets are generally more at risk of losing their peg.
Hovering over each tag will display a short tool-tip to explain the tag's significance as shown below.
In addition, the More Info page will have the expanded version of each tag near the bottom: