Refuses: No unmapped external rows
A Bluechip feed row without a stable Pharos coin mapping is not shown as an active roster member.
Pharos Bluechip
Pharos Bluechip is an editorial roster built from external Bluechip reference ratings intersected with Pharos report-card grades. A coin appears here only when Bluechip's synced rating is A-tier and Pharos independently rates the same asset A-tier or better.
Methodology v9.49 · Read the rules
Section 1
What Bluechip means
The Bluechip grade itself comes from the external Bluechip data sync. Pharos does not recompute that methodology or expose a hidden Bluechip score; it stores the synced grade, date, and reference metadata as a separate input.
The roster adds a Pharos guardrail on top of that input. If an asset is not A-tier in Pharos report cards, it stays out of this page even when the external Bluechip feed still carries a high grade. That keeps the page from presenting an external rating as if it were a Pharos-owned floor result.
Section 2
The gates
Each gate is independent. A coin clears Bluechip only when every gate clears at the same moment, and only while it continues to do so.
- Gate 01
External Bluechip tier
The synced Bluechip reference rating must be A-tier. Pharos treats that grade as source data, not as a locally recomputed methodology.
- Gate 02
Pharos report-card tier
The same asset must also hold an A-tier Pharos V9 grade (A-, A, or A+). This independent filter reflects Backing, Exit, and Economic Control, constrained by peg behavior, dependency exposure, evidence quality, and structural caps.
- Gate 03
Tracked asset match
The Bluechip entry must resolve to a Pharos-tracked stablecoin ID. Unmatched feed rows stay out of the public roster until the mapping is explicit.
- Gate 04
Fresh reference data
The roster is refreshed from the Bluechip sync and Pharos report-card API. Stale or unavailable inputs fail closed rather than inventing a substitute grade.
- Gate 05
No local score blend
Pharos does not average the external Bluechip grade with its own score. The roster is an intersection: both systems must currently clear the A-tier threshold.
Section 3
What Bluechip refuses to grant
These are the calls Pharos refuses to make under the Bluechip label, regardless of how the other dimensions read. The refusals are part of the rating. They record limits that the other dimensions cannot override.
Refuses: No Pharos-only promotions
An A-tier Pharos report card alone is not enough. The external Bluechip rating must also be A-tier.
Refuses: No external-only promotions
An A-tier external Bluechip rating alone is not enough. The Pharos report-card grade must also be A-tier.
Refuses: No hidden methodology
This page does not claim a separate Pharos Bluechip formula. Methodology details for Pharos grades live in the report-card documentation; Bluechip grade semantics come from the external source.
Refuses: No stale roster carry
If either feed is unavailable or stops clearing the A-tier threshold, the asset is removed from this active roster until both inputs recover.
Section 4
Methodology and audit trail
Bluechip rides the Safety Score methodology version. When a floor definition changes, the version pin moves with it; the editorial designation is re-derived against the new rules before the next refresh, never grandfathered.
- Current version
- Methodology v9.49
- Rules of record
- Safety Scores methodology →
- Version history
- Scoring changelog →
- Cross-reference
- Glossary entry →
Section 5
Active Bluechip stablecoins
The coins below are the live intersection of external Bluechip A-tier ratings and Pharos A-tier report cards. The roster is current-state, not historical: a coin that falls below either floor leaves the list in the next refresh.
Loading active Bluechip roster…