Couple ideas

[Sir Baron]

To me there are 3 tiers of legendarys as I said
So you make 3 kinds of tokens and use them to craft the 3 tiers of legendarys

orange, red, and more red?

I always viewed it as Orange, All Hero locked reds and 1 or 2 hero locked ones

As I said
"One for the top tier stuff that is locked to specific hero's like the Tempest, Dead Shot, Rups
Then one for the less locked reds like DWP, Eagle, Stag
And then one for the none hero locked one's like DB, Worm Bane, Bolt Tosser"

I guess I always saw the stuff like Twigs and Stag as lower tier then Rups and Tempest