BlackHartBlackHart
Scores/Midas/Provenance/Governance & Upgradeability
D5

Governance & Upgradeability

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

Weight 10%55% confidence
40
Concerning
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
669
Current BRI
D5Governance & Upgradeability
Weight 10%
40
(40/100)^0.1 = 0.9124
Contributing Factors
+40Regulatory compliance drives governance model
-20Centralized company governance
-20No on-chain governance mechanism
-20Team controls all protocol parameters
Evidence Sources
blackhart_analysisMay 4sha256:a9b46ee01e79....View
blackhart_analysisMay 17sha256:bb2b38a286ee....View

Score Composition

-20

Centralized company governance

Negativeopen_in_newSource CodeMay 4, 2026
-20

No on-chain governance mechanism

Negativeopen_in_newSource CodeMay 4, 2026
-20

Team controls all protocol parameters

Negativeopen_in_newSource CodeMay 4, 2026
+40

Regulatory compliance drives governance model

Positiveopen_in_newSource CodeMay 4, 2026

Evidence Chain (2 files)

GitHub APIMay 17, 2026, 06:58 PM
open_in_newGitHub (/)
sha256:bb2b38a286ee...
BlackHart AnalysisMay 4, 2026, 06:00 PM
open_in_newGovernance & Upgradeability — Source Code
sha256:a9b46ee01e79...

Score History

No dimension-level score changes recorded yet.

Methodology: 2.1Formula: 1.1Weights: 1.1