- The goal of this project was to explore how Project Catalyst review data can be used to build a reliable and data-driven reputation system.
- Over the course of Fund 11–13, we designed, built, and refined a Reputation & Expertise (REX) Framework, which mathematically models reviewer reliability and expertise as probabilistic variables.
- The concept was then validated through TrustLevel’s Fund 14 Review Tool, allowing us to test the REX methodology with real proposals in a live environment.
- This project thus evolved from a theoretical study of historical data to a practical, probabilistic reputation system that enables fairer, more transparent, and more accountable decision-making in decentralized governance.
Full Report here: https://docs.google.com/document/d/1zSbcMgSx68jl1zpH9wgluEcpJaoGvVDCrRCakF9rzT8/edit?usp=sharing
- Fund 9:
- Correlation coefficient: 0.045 (very weak positive correlation).
- Fund 8:
- Correlation coefficient: 0.06 (weak positive correlation).
- Fund 10:
- Preliminary data shows a slightly negative correlation.
- Reviewers with an accuracy of 0.9 or higher showed significant correlation with project outcomes, making up about one-third of all reviewers.
- Feasibility assessments alone are not sufficient to predict project success.
- A comprehensive evaluation system including additional metrics such as impact assessments is needed.
- Public Spreadsheets:
- vCA Aggregated - Fund 8
- vPA Aggregate File - Fund 9
- F10 Community Review - Aggregate File
- Catalyst Public Reporting Tracker
- Categorize the Feasibility Rating as:
- Accurate Rating: Ratings of 4 and 5
- Wrong Rating: Ratings of 1, 2, and 3
- Merge data on Project Name to align outcomes with feasibility ratings.
- Convert Project Status to binary format:
- Completed = 1
- Pending = 0
- Determine correct predictions based on feasibility ratings.
- Calculate the percentage of outcomes correctly predicted by each reviewer.
- Create box plots to compare feasibility ratings by project outcome.
- Fund 8:
- 77.46% of reviewers predicted outcomes correctly at least 50% of the time.
- Correlation coefficient: 0.0685 (very weak positive correlation).
- Fund 9:
- Overall correlation: 0.0454 (very weak positive correlation).
- For reviewers with high accuracy (≥ 0.9), correlation: ~0.499.
- Mean accuracy: 70.19%.
- Fund 10:
- Correlation with projects being completed on time: -0.046.
- Correlation with projects being completed: -0.137.
- Entities (Nodes):
- Project: Attributes (
Project Title,Overall Feasibility Rating,Project Status) - Reviewer: Attributes (
Reviewer ID,Reviewer Accuracy)
- Project: Attributes (
- Relationships (Edges):
- Reviewed: Connects a
Reviewerto aProjectwith attributes (Feasibility Rating,Rating Accuracy).
- Reviewed: Connects a
- Create Nodes for projects and reviewers.
- Create Edges connecting reviewers to projects reviewed.
- Project Nodes:
Project Title,Overall Feasibility Rating,Project Status
- Reviewer Nodes:
Reviewer ID,Reviewer Accuracy
- Reviewed Edges:
Reviewer ID,Project Title,Feasibility Rating,Rating Accuracy
- High-Accuracy Reviewers: Identified reviewers with consistent high accuracy.
- Aggregation Across Rounds: Cross-fund evaluation helps establish long-term accuracy scores.
-
Full POC Framework document here: https://docs.google.com/document/d/1zSbcMgSx68jl1zpH9wgluEcpJaoGvVDCrRCakF9rzT8/edit?usp=sharing
-
Integration of reputation scores and batches into the Catalyst Explorer (v2):
- Reviewer Profile Page: https://www.catalystexplorer.com/en/ideascale-profiles/g1wbp3jy1r/reviews
- Proposal Review Overview Page: https://www.catalystexplorer.com/en/reviews
Full Report, including the mathematical foundation of the new REX framework: https://docs.google.com/document/d/1XneKnNcm717duYoGIUvw0iW16z2lXb2Ekq2VYV9-jLY/edit?usp=sharing
Special thanks to all contributors and the Catalyst community for their valuable data and insights.