What is Waves Token Rating?
Waves Token Rating is a service that provides ratings for tokens (projects) issued on the Waves platform. Ratings are based on opinions of community members (WCT token holders) on a specific token.
Why is a token not included in the rating table?
The rating features only tokens that have been rated at least once. You can find tokens that haven’t been rated yet by searching for a name or token ID.
Also, pay attention to which filter you have selected. With the All tokens filter, all tokens are displayed. With the Approved filter, only tokens surpassing a minimum rating and number of votes, are displayed.
How do you rate a token?
Tokens can be rated from desktop browsers only. In mobile browsers, only display of ratings is available. To be able to rate a token, you need Waves Keeper to be installed in your browser and have a balance of at least 1 WCT. Tokens are not transferred, only on existing balance is required for voting. Each vote is weighted according to the number of WCT in your balance.
Why has the rating for a token that I have rated not changed?
After you vote, you will need to wait 24 hours before your rating is applied. During this time, a new rating is calculated.
If no one has yet rated a token, then after you vote it will listed in the ratings table, but without a value, until the rating is calculated.
How is the rating calculated?
The rating consists of two parameters: score and weight.
The score is the number of stars that you selected. You can rate the token from 1 to 5.
The weight of your score is calculated using a special formula and depends on the number of WCT tokens in your balance, which impacts the final weight of the score in a non-linear way.
In order for all your WCT tokens to be taken into account when calculating the vote’s weight, keep their balance in the account unchanged for 24 hours after you rate the token. All WCT spending operations reduce the effective balance, impacting your vote’s weight.
The current token rating is the average of user ratings.
Can I rate the token several times?
You can rate a token from each address only once. If you have already rated the selected token, you will see your previous score on the token page. In this case, you can change your score if you rate this token again. Your previous score will be canceled, and the new one will be applied.