TRUST SCOREย
Being a crypto trader is risky at times. Sometimes things happen and you don't even pay attention to. The minors at times becomes the major.
Today's break down, traces down to TRUST SCORE
WHAT IS TRUST SCORE
Trust Score is a percentage-based metric introduced by ๐ฆ๐ง๐ข๐ก.๐ณ๐ถ in collaboration with ๐๐ฌ๐ข๐ฅ.๐ถ๐ผ. Itโs programmed to aid users like us make better decisions by providing a brief insight on a tokenโs reliability.
The โscoreโ is calculated using ๐๐ฌ๐ข๐ฅ.๐ถ๐ผโs algorithms, which process various factors such as trading volume, Token minting, Price volatility and lots...
Can I just say, insight before sight...?๐ฅด
Deep sigh ๐
The Trust Score system processes a range of statistical data, such as trading volume, price changes over periods, minting possibility, and several other metrics as said earlier. The algorithm then outputs a percentage value. Now that is the token's rating by DYOR.io.
When browsing tokens on ๐ฆ๐ง๐ข๐ก.๐ณ๐ถ, youโll find a percentage% score displayed next to them.
This score gives you an at-a-glance idea of how โ๐๐ฟ๐๐๐๐๐ผ๐ฟ๐๐ต๐โ a token might be.
(In order not to fall for traps and eventually get wounded.)
Some times you'll find something like High score,
Average Score:
(50-80%): Now was it implies, this ranges about average so at this point, all you need to do is to pay maximum attention. There might be some issues.
Low Score:
(<50%): I talked about paying close attention earlier, but at regarding to this you'll have to be extra careful. In other words you pay twice the attention you gave earlier. Now this does not certainly mean scam, but it is a call to DYOR before taking any step as the case may be.
Now I feel this is a great update on Ston.fi because even to a newbie, navigating through the interface wouldn't be an issue having knowledge about this.
At this point, I'll still emphasize on DYOR
Having Trust score doesn't mean you've secured your trust ๐
You can also do well by following up on their Various social media handles and turn on post notifications for more updates โฌ๏ธโฌ๏ธโฌ๏ธ
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LinkedIn:https://www.linkedin.com/company/ston-fi/
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