How to expand Prestige through external Data Sources
Last updated
Last updated
The basic Prestige model can be infinitely expanded, compartmentalizing the different sources in an approach such as , where:
: the change in the parameters calculated from the individual sources S between an interval and the other, and
: the external Source of reference.
The purpose of expansions is incorporating external factors or metrics into the Prestige calculation - such as historical / financial data from existing DAOs or off-chain communities - from platforms such as Dune Analytics, or the community's impact / recognition within the broader ecosystem.
In this case we consider the basic Prestige as AV, the Absolute Value, in its extended formula:
where:
AV is the Absolute Value, calculated using the extended formula for Prestige.
is any external Source (S).