BlackHartBlackHart
Scores/Liquity BOLD/Provenance/Governance & Upgradeability
D5

Governance & Upgradeability

Admin key concentration, timelock coverage, upgrade mechanisms, and Maximum Extractable Value by Admin (MEVA).

Weight 10%85% confidence
90
Excellent
info

How This Score Is Built

Admin key concentration, timelock coverage, upgrade mechanisms, and Maximum Extractable Value by Admin (MEVA).

+23Strong positive
+12Positive
+5Slight positive
−15Strong negative
−8Negative
−3Slight negative

Scoring Tree

BRI Formula
300 + 700 × ∏(Dᵢ/100)^wᵢ
778
Current BRI
D5Governance & Upgradeability
Weight 10%
90
(90/100)^0.1 = 0.9895
Contributing Factors
+22Fully immutable, no governance attack surface
+22No admin keys, no multisig risk
+22Parameter changes impossible (governance-minimized by design)
+22Highest possible governance score for DeFi
Evidence Sources
blackhart_analysisMay 4sha256:76232015431e....View
blackhart_analysisMay 17sha256:8534b106eb42....View

Score Composition

+22

Fully immutable, no governance attack surface

Positiveopen_in_newSource CodeMay 4, 2026
+22

No admin keys, no multisig risk

Positiveopen_in_newSource CodeMay 4, 2026
+22

Parameter changes impossible (governance-minimized by design)

Positiveopen_in_newSource CodeMay 4, 2026
+22

Highest possible governance score for DeFi

Positiveopen_in_newSource CodeMay 4, 2026

Evidence Chain (2 files)

GitHub APIMay 17, 2026, 06:58 PM
open_in_newGitHub (/)
sha256:8534b106eb42...
BlackHart AnalysisMay 4, 2026, 06:00 PM
open_in_newGovernance & Upgradeability — Source Code
sha256:76232015431e...

Score History

No dimension-level score changes recorded yet.

Methodology: 2.1Formula: 1.1Weights: 1.1