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Ownership Score

Hold ownership tokens, get a bigger slice of an oversubscribed raise. The formula, and its limits.

4 min read · Updated Sep 2026

Ownership Score is a single number attached to a Solana wallet. It goes up the longer you hold MetaDAO ownership tokens and the more they are worth, and it decays a little every day you do not. Raises on Backable use it to allocate part of the round, so a wallet that has held through previous raises can take a larger share of a popular one.

It is not a credit score, a reputation system, or a judgement about you. It measures one thing: dollars of ownership held, over time.

How the number moves

Once a day, the dollar value of the eligible ownership tokens in your wallet is added to your score, and the score you already had decays by 1%.

The daily formula. 0.99 × yesterday's score + today's eligible dollar value.

Two days of holding

start

You hold 1,000 ownership tokens worth $1.50 each — $1,500 of eligible value.

day 1

Nothing to decay yet, so the score is the day's value: 1,500.

day 2

Yesterday's 1,500 decays to 1,485, and today's $1,500 is added: (1,500 × 0.99) + 1,500 = 2,985.

The decay is what makes it time-weighted rather than a balance check. Buying a large position the day before a raise gives you one day of value, not the standing of a wallet that has held for months — and selling does not erase your history, it just stops adding to it.

Which tokens count

Every MetaDAO ownership token counts, including the tokens from raises that funded on Backable.
META counts at 25%. It is weighted at a 75% discount against the other ownership tokens, so a dollar of META adds a quarter of what a dollar of an ownership token adds.
Nothing else counts. SOL, USDC and unrelated tokens in the same wallet contribute nothing.

The score is per wallet, not per person. Splitting one position across several wallets splits the score with it, and there is no way to merge them.

How score turns into allocation

When a raise is oversubscribed, part of the round is allocated by score using a water-filling rule: twice the score means you can take up to twice the allocation, capped at what you actually committed. You never receive more than you put in, and a high score cannot conjure an allocation out of a commitment you did not make.

The remainder of the round is allocated the way it always was. How much of a given raise is set aside for score-based allocation is published on that raise's page, before the window opens — read it there rather than assuming it is the same everywhere.

A score is not a promise. Ownership Score can affect allocation only for raises that explicitly use it, and it never guarantees you an allocation in any raise. The model is experimental and the equation may change — check your score before you join a raise that uses it, not months beforehand.

Tiers and the leaderboard

Wallets are grouped into seven tiers by rank — Standard, Bronze, Silver, Gold, Platinum, Obsidian and Red. The tier is cosmetic: it is a way of reading the leaderboard at a glance and a card you can share. Allocation follows the score itself, not the tier band it falls into.

Looking up a score

Any wallet's score is public. Paste an address into the score page on metadao.fi to see the number, the rank, the dollar-days behind it, and a per-token breakdown of where the score came from — including wallets that are not yours.

Look up a wallet's Ownership Score →
Your own raises and commitments are on your portfolio.

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