Ownership Score

Ownership Score is a single number attached to a Solana wallet. Every day you hold MetaDAO ownership tokens, their dollar value is added to it, so holding raises your score every day. Older days count for a little less each day, which keeps the score about recent ownership rather than a lifetime total. Raises on Backable use it to weight allocation when a round is oversubscribed, so a wallet that has held through previous raises keeps 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, when the UTC day ends, the score you already had shrinks by 1% and that day's eligible dollar value is added. The day's value is your balance times the token price, measured every hour and averaged over the 24 hours, so a position held for half a day counts for half.

What holding does to your score

If you keep holding and the price stays put, your score goes up every single day. Each day adds the full day's value and takes away only 1% of what you had, so it climbs fast at first and then levels off near 100 times your daily value. In the example above it is halfway there after 69 days (75,024) and within 3% of it after a year.

The score falls only on a day when the value added is smaller than the 1% that shrinks. That happens in two cases. If you sell, nothing is added and the score halves about every 69 days: your history fades instead of vanishing. If the price of what you hold drops far enough, the score drifts down even though you never sold, because it counts dollars and your tokens are worth fewer of them. After a year at $1,500 a day, a halving of the price to $750 takes the score from 146,172 to 127,646 thirty days later, on its way to a new level of 75,000.

The same arithmetic is why a late purchase cannot buy standing. A large position bought the day before a raise closes adds at most one day of value, and a day only counts once it has ended in UTC, so tokens bought on the day a raise closes add nothing to the score that raise reads, unless the raise is allocated after that day ends.

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, and a raise reads the score of the wallet that committed. Splitting one position across several wallets splits the score with it. metadao.fi lets you link wallets and shows a combined score, but that combined score does not yet change raise allocations, so commit from the wallet that holds the tokens.

How score turns into allocation

When a raise is oversubscribed, every commitment carries a weight from how long it sat in escrow and how empty the pool was when it arrived. Your Ownership Score multiplies that weight, and the amount the company takes (the goal, unless the raise states a cap) is then split pro rata by weight across every backer in the pool. The score applies to the whole round. There is no separate slice set aside for it. Commits from approved Aligned Parties addresses are reserved outside that pool and are not scored.

A wallet with no score gets no extra weight. The multiplier rises with your score on a logarithmic scale and stops at a fixed cap. Above a score of about 10, every tenfold increase in score adds about the same step, so going from 100 to 1,000 helps as much as going from 10,000 to 100,000. Your allocation never exceeds what you committed. When a heavily weighted backer is filled up to their full commit, the excess is shared among everyone else by how much of their commit is still unfilled, and score plays no part in that step. Whatever does not convert comes back to you as a claim.

The score that counts is the committing wallet's latest daily score when the raise is allocated, normally right after it closes. Ownership Score applies to raises on Backable by default, so there is no per-raise setting to look up. A worked comparison of time-weighting, boost, and score on the same raise is on What's new.

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 →
• Open the wallet control in the header to see your own raises and commitments.