Introducing Worthy
Worthy: The Definitive Solana Credit Rating Protocol
Today, we’re excited to announce Worthy, a groundbreaking protocol designed to monitor and reward on-chain activity across the Solana ecosystem. Worthy introduces a new paradigm for measuring and incentivizing positive contributions to the network, powered by our native $CREDIT token.
The Power of On-Chain Reputation
Every transaction on Solana tells a story. Whether you’re providing liquidity, participating in governance, or simply transferring tokens, these actions contribute to the health and growth of the ecosystem. Worthy transforms these activities into a comprehensive reputation score, creating new opportunities for users to be rewarded for their positive impact.
Your Worthy Score: A Complete Picture of On-Chain Activity
Worthy analyzes wallet activity across eight key dimensions, each carefully selected to reflect meaningful contribution to the Solana ecosystem. While these factors will ultimately be managed by our DAO, our initial scoring framework includes the following:
Volume & Frequency
We analyze both incoming and outgoing transaction patterns to understand a wallet’s activity level and financial capacity. Regular, meaningful interaction with the network demonstrates consistent engagement and contribution.
Program Interactions
Your engagement with smart contracts and decentralized applications showcases your participation in the ecosystem. We track both the quantity and diversity of these interactions to measure real platform utilization.
Liquidity Provisioning
Contributing to liquidity pools and AMMs is crucial for ecosystem health. Worthy recognizes and rewards users who help maintain market efficiency through liquidity provision.
Token Age Consumption
By tracking how long tokens are held before being transferred, we can distinguish between long-term holders and active traders, each playing their own important role in the ecosystem.
Priority Fees & Tips
Efficient use of priority fees and tipping behavior provides insight into a user’s expertise and contribution to network sustainability.
Security Practices
We evaluate the implementation of security best practices, including hardware wallet usage and multi-sig implementations, reflecting responsible asset management.
Network Diversity
Interaction with diverse addresses and networks demonstrates sophisticated ecosystem participation and helps build a more connected web3.
Governance Participation
Active involvement in DAO governance processes shows commitment to the ecosystem’s future and earns recognition in your Worthy score.
$CREDIT: Aligning Network Incentives
At the heart of Worthy is $CREDIT, our proprietary token designed to bridge the gap between users and validators. As your Worthy score grows, you’ll accrue $CREDIT tokens, unlocking benefits across the Solana ecosystem and being rewarded for responsible network activity.
Here is an early network graph for $CREDIT:
WorthyDAO
When it goes live, we highly encourage all users to participate in the governance of the Worthy model. Members will propose changes to the features and weights of Worthy’s scoring algorithm, and if passed, the amendment will be automatically applied.
The details for WorthyDAO are still being debated and we encourage you to discuss your ideas with us in our Discord community.
Benefits of Building Your Worthy Score
Track Your Progress
- Monitor your on-chain activity in real-time
- Receive actionable insights to improve your score
- Understand your impact on the broader ecosystem
Earn Rewards
- Accumulate $CREDIT tokens for positive behavior
- Access exclusive benefits from ecosystem partners
- Get recognized for your contributions to Solana
Enhance Your Understanding
- Gain deep insights into your on-chain behavior
- Learn how your actions affect the ecosystem
- Make informed decisions about your web3 activity
The Road Ahead
We’re taking a measured approach to our launch to ensure security, stability, and the best possible user experience:
Waitlist Phase
- Join our early access list
- Community input on scoring mechanisms
- Initial partnership announcements
Alpha Launch
- Score generation for current epoch
- Basic dashboard access
- Initial $CREDIT distribution
- Community feedback integration
- WorthyDAO launch
Beta Launch
- Complete historical analysis
- Enhanced analytics dashboard
- Ecosystem partner integrations
- WorthyDAO governance activation
Vision for the Future
Worthy isn’t just a scoring system — it’s infrastructure for the future of on-chain credit ratings. We envision a Solana ecosystem where:
- Capital from traditional finance flows freely into Web3
- DeFi protocols can offer optimized terms based on user reputation
- NFT projects can reward their most engaged collectors
- Games can provide enhanced experiences to committed players
- DAOs can identify valuable community members
- Users can proudly showcase their contribution to the ecosystem
The possibilities are endless, and we’re excited to work with partners across the ecosystem to create new use cases for Worthy scores.
Building Together
Credit ratings in web3 should be built by the community, for the community; because if we don’t do it, politicians and bankers will do it for us. As we move forward, Worthy will be guided by our community through DAO governance. The scoring factors, weights, and rewards will evolve based on ecosystem needs and community input, ensuring that Worthy remains a fair and effective measure of on-chain reputation.
We believe the future of reputation is worthy of being rebuilt, and we invite you to join us in creating a more transparent, rewarding, and efficient ecosystem for everyone.
Join the Future of Solana Reputation
Be part of this exciting moment:
- Join our waitlist at worthy.prism.sh
- Follow us on X @worthy_tec
- Join our Discord community to meet fellow builders and get updates on progress
Your on-chain activity matters. Let’s make it count.
Ready to start building your Worthy score? Join the waitlist
