SCORE and How it Works
Last updated
Last updated
0xScore provides a numerical reputation score for web3 addresses, calculated through an algorithm that considers factors like transaction activity, participation in DeFi protocols, wallet age, and many others. This score offers a comprehensive insight into an address's behavior and credibility within the web3 ecosystem.
How 0xScore calculates SCORE?
0xScore examines more than 30 parameters. The mathematical model behind 0xScore is adaptable to the specific requirements and priorities of a given web3 project. This flexibility allows the weights of parameters calculated by the 0xScore to vary from project to project, enabling the provision of a unique architecture.
While the 0xScore is adjustable, and the final combination depends on the project, it is consistently integral. A high value in a particular parameter (e.g., the number of transactions) does not necessarily result in a high final score.
Additionally, the correlation between parameters is not linear. Therefore, an increase in one parameter (such as purchasing a few more NFTs or deploying a contract) does not directly lead to an increment in the final score.
A score lower than the required threshold (for instance, Linea Attestation is requiring a score above 50) is not an accusation of malicious intent. It simply indicates that the on-chain data does not provide sufficient grounds to assign a higher score within this parameter architecture. It's a nuanced distinction. In fact, the same data could yield one score value to determine eligibility for an undercollateralized loan and a completely different score value when assessing eligibility for an airdrop.
In the broadest sense, the recommendation is to be an active web3 user and to have a multitude of on-chain records reflecting your activity across various web3 verticals (DeFi, NFT, DAOs, Social, etc.). The web3 landscape is continually expanding with new opportunities.
The 0xScore SCORE is based on various on-chain parameters:
Volume ($) avg
NFT Trading Volume ($) avg
Owned NFTs
Transactions Quantity
DApps Interactions
Liquidity Providing ($) avg
DEX Trades
Bridges Interactions
GnosisSAFE protocol Interactions
Contracts Deployed
and etc.
We are using our self-developed algorithm to process on-chain data using our own infrastructure.
We are also using logarithms and average numbers to prevent abuse.