Understanding Farm Scores at TokensFarm

In the rapidly evolving Web3 landscape, TokensFarm introduces a pivotal tool for users: Farm Scores. This innovative metric system aims to provide unparalleled transparency and insights into the performance of individual farms within the TokensFarm ecosystem.

Understanding the Metrics Behind Farm Scores:

Engagement Metrics

Addresses Involved
The system evaluates the number of addresses associated with each farm, considering all interactions.

Transaction Volume
The scoring mechanism also factors in the transaction count, encompassing all activities.

Diversity Indicators:

Token-Specific Farm Count
This metric showcases the variety within the ecosystem, reflecting both external (referred to as 'noOfFarms') and internal aspects.

Financial Health Check:

Total Value Locked -- TVL
TVL serves as a crucial indicator of a farm's financial robustness. The scoring encompasses evaluations from both external and internal perspectives.

APY Assessment
The system meticulously evaluates the Annual Percentage Yield (APY), considering both external and internal factors.

APY Volatility
Stability is paramount. Hence, the volatility of APY is assessed to offer users an internal viewpoint.

TokensFarm's Community Pulse

TF Internal Score
In the future, TokensFarm plans to integrate user voting data, encapsulating the community's sentiment and feedback.

The Dynamic Nature of Farm Scores
Duration Criteria
Farms that have stood the test of time, crossing the one-week mark, are allocated a score ranging from 0 to 10, with one decimal point precision.

Emerging Opportunities
For newly launched farms, a prominent "NEW" tag is displayed, guiding users toward burgeoning possibilities.

The Bottom Line

TokensFarm's Farm Scores emerge as a beacon of informed decision-making in the DeFi realm. By amalgamating diverse metrics and community feedback, it equips users with the knowledge to navigate and capitalize on the ever-changing DeFi landscape effectively.

Updated on: 25/12/2023