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Ratings Calculations

How We Calculate Ratings

Each project is audited using the same techniques to ensure comparisons can be made between projects and audits are legitimate.

There are currently 4 categories that determine the overall rating (subject to change):

Backdoors
Fees
Smart Contract Complexity
Team Trust

Each Category can score from 0 to 100. It is rated in 10% intervals.

 

Great Rating (80-100%)

100%
 

Good Rating (70-79%)

70%
 

Decent Rating (50-69%)

60%
 

Not Good Rating (0-49%)

50%

Example Audit Rating:

Overall Audit Score

91%
 

Backdoors

100%
 

Fees

90%
 

Smart Contract Complexity

85%
 

Team Trust

90%

 

Overall Audit Score:

This is the final Audit Rating. It is calculated by taking the average of each category.

Backdoors:

This rating determines whether or not the contract has owner privileges to move funds out of the contract or users wallets without the users knowledge, essentially draining contracts/wallets.

While these ratings are a standard, there may be situations where a unique rating is given based on the projects purpose.

100% There are no methods that can withdraw funds to a non investor wallet
50% There are methods that give an unfair advantage, however the contract is not able to be drained.
0% There are backdoors in the contract that allows the owner or someone equivalent full access to the contract funds.

Fees:

This rating is based on the deposit, withdraw, and any other fees that are included in a smart contract. Some projects have a reinvestment fee that automatically takes funds and reinvests them back into the contract. Depending on the project this may not be calculated if users are still able to retrieve those funds at a later date.

Additionally, some projects have owner privileges that allow them to change the fees, this will be calculated in the rating.

100% 4% Fees or Less
90% 5-6% Fees
80% 7-8% Fees
70% 9-10% Fees
60% 11-12% Fees
50% 13-14% Fees
30% 15% Fees or More

Smart Contract Complexity:

This rating is based on how Complex the Contract is. Some projects have their own tokens involved while others use standard tokens like BUSD and offer a % return.

100% Contract is functional with 0 Owner functions and has notations in contract that anyone can understand.
90% Contract is functional with 1 Owner function and may have notations in contract that anyone can understand.
80% Contract is functional with 2 Owner functions and may have notations in contract that anyone can understand.
50% Contract is functional with 5 or more Owner functions and may not have notations in contract that anyone can understand.
40% Contract is functional with many Owner functions. It may also have the ability for the owner to interact with the funds directly.
0% Contract is not verified and cannot be audited properly. Or Contract is very complex with overlapping functions and redundancies.

Team Trust:

This rating is based on the teams’ previous success. If they ran projects before, they can submit them during the audit request. It is up to their discretion if they want the previous projects names listed in the audit. Either way they choose we still use the knowledge to rate their Team Trust score below:

100% Team is known and has released more than 10 projects or is KYC with Watchdogs/Other
90% Team is known and has released more than 5 projects or is KYC with Watchdogs/Other
80% Team is known and has released more than 3 project
70% Team is known and has released more than 1 project
60% Team is known but has not released any projects
50% Team is not known and has an small/medium active community with well known members
40% Team is not known and has an small active community
30% Team is not known and has an inactive/bot community
0% Team is not known and there is no community, no/dead social media OR owner is known scammer