Edit: this is in-progress. See the following tracking issues:
We have a few open issues about algorithm guidance, such as RustCrypto/password-hashes#48
While we have some precedent for this, such as the "Security" rubric here:
https://github.com/rustcrypto/hashes#supported-algorithms
...we don't have a consistent way of communicating this information across all repos/crates, which I think would be helpful.
I'd like to propose adding a "recommended" badge to each crate which uses the following rubric and links back to documentation (similar to HAZMAT.md) about what the badge means.
Recommended: Yes

Preferred modern algorithms we suggest people embrace in new projects.
Recommended: Neutral

Algorithms which are still considered secure, but are obscure, uncommonly used, and/or poorly-analyzed.
Recommended: No!

Algorithms which are known to be cryptographically broken and should only be used because legacy interop requires it.