Only a few days after our new website launched, CreDA is now live with personalized dashboards for users to see how they score compared to other community members.
A quick reminder: this dashboard and the CreDA Oracle are currently tuned to Elastos Community in preparation for the BeL2 Airdrop that is upcoming. So if you have ever held ELA on Ethereum or the Elastos Main Chain before 2024, you can see your score and ranking and even share it on social media.
Here’s how it works:
- Users start by visiting the CreDA website at www.creda.app.
- Navigate to the user profile page: Click on the “Profile” option at the top of the website.
- Select a blockchain network: Among the options provided, select the Elastos Main Chain, Elastos Smart Chain (coming soon), or Ethereum Chain according to your needs.
- Make an address query: Enter your ELA wallet address in the search bar and submit a query to get relevant information.
Users can track their wallet address’s participation in community activities on the Elastos Main Chain. As mentioned earlier, these activities include registration and voting for CR nodes, and registration and voting in BPoS/DPoS nodes. This section displays the specific activities in which the wallet address has participated.
On the dashboard, we will provide key information such as the user’s current ranking, ranking percentile, total credit score, and credit history expiration date. The clear display of this information will help users understand their credit status and how to improve it, allowing for better credit management and decision-making.
- Current Rank: Based on the user’s total credit score statistics, display the ranking of the score among all users.
- Percentile: Indicates the user’s ranking in proportion to the total number of users.
- Credit History Deadline: Refers to the last active date of the user as of December 31, 2023.
- Total Credit Score: Calculated by the weighted average of scores on each dimension in the credit factor graph.
With the Elastos BeL2 airdrop credit oracle, we have identified five core dimensions referred to as ‘Credit Factors’, including: Transaction Volume, Interaction Count, User Activity, Balance, and Community Participation, as the basis for user credit evaluation. We visually display the behavior of user addresses in these five dimensions in the form of charts to help users understand their credit status more clearly.
These key factors are determined using the credit oracle table, where points are allocated once the predefined criteria for each factor are met.
According to the histogram, a user’s ranking among four key credit factors are displayed along with the condition ranges they are in. For each factor the ranking percentile calculation method is as follows:
Where,
- r represents the user’s ranking for a certain fractor;
- N is the total number of users participating in the analysis for that factor;
- Y is the calculated percentile.
For more information, please visit our Gitbook.
Sharing Can Be Fun!
One of the great features of the dashboard is that you can share your score via the CreDA Credit Score Dashboard. Simply input your relevant wallet address, generate your score and choose between sharing on X, Telegram or download an image file and share it on your preferred social media.
Please feel free to test our the CreDA Oracle, share your results and prepare yourselves for the BeL2 Airdrop announcement.
