Chain Score

Overview Chain Score is a decentralized and transparent reputation system built on the blockchain, leveraging tools like Blockscout for data indexing and Morph for scalability. This system evaluates user interactions specifically in DeFi, NFT, and Lending protocols to generate a reputation score. The score enables users to gain access to grants and opportunities within the Web3 ecosystem while maintaining transparency and security. Key Components of the Project

Multichain Activity Analysis via Blockscout
    Purpose: Analyze user interactions in DeFi, NFT, and Lending protocols.
    How it’s used: Blockscout indexes on-chain activity, including:
        DeFi: Participation in platforms like Uniswap or AAVE.
        NFT: Ownership and trades of NFTs.
        Lending: Activity in lending protocols like AAVE or Compound.

Reputation Score Generation
    Purpose: Calculate a score based on interactions with supported protocols across Morph.
    How it’s used: A Solidity-based algorithm consolidates:
        Regular activity in DeFi platforms.
        Successful trades or ownership in NFT marketplaces.
        Engagement in Lending protocols.
    This score is stored on-chain and accessed by organizations for evaluating grant eligibility.

How Chain Score Works

    On-chain activities in supported DeFi, NFT, and Lending protocols are linked via Blockscout.

Activity Analysis
    Blockscout collects and indexes user activity across Morph-supported chains.
    Transactions in DeFi, NFT, and Lending protocols are analyzed.

Score Generation
    A reputation algorithm consolidates indexed data into a transparent, auditable score stored on Morph.

Notifications
    Push Protocol keeps users informed about score changes, new grants, and opportunities.

Project Benefits For Users

A reliable reputation score based on activity in DeFi, NFT, and Lending.
Easier access to grants and Web3 opportunities.
Transparency and trust in score calculations.

For Organizations

Tools to assess applicant reputations specifically in DeFi, NFT, and Lending ecosystems.
Reduced risks by identifying trustworthy applicants.
Efficient evaluation of grant beneficiaries.

Potential Impact

Chain Score revolutionizes reputation evaluation by focusing on specific protocols—DeFi, NFT, and Lending—across Morph. Leveraging Blockscout ensures transparency, while Morph’s scalability provides efficient multichain support. This fosters trust and accessibility within the Web3 ecosystem.

This project creates an on-chain reputation system on Layer 2 networks (Morph) to evaluate user activity in specific protocols: DeFi, NFT, and Lending.

We used Scaffold-Eth for the frontend and Solidity for smart contracts managing positions in Uniswap (DeFi), AAVE (Lending), and NFT ownership or transactions. Blockscout indexes user activity and interactions within Morph, while Push Protocol delivers real-time notifications about the Chain Score. By focusing on Morph, the system leverages low-cost, high-speed scalability for efficient transaction processing.

Key innovations include transparent protocol-specific tracking, hybrid scoring for DeFi, NFT, and Lending, and seamless multichain accessibility. This system fosters trust and transparency, providing users and organizations with reliable on-chain reputation metrics to support grants and decision-making in the Web3 ecosystem. 🚀