Screening Process
Depending on if the working capital is custodial or non-custodial, will determine the level of screening performed by PartyNode DAO. Below is a score list that will measure a Party Host's level of accountability which will be used as a reference for negotiating terms, and ultimately loan approval.
It should be noted that these scores are part of the initial screening process and are different than a Decentralized Lending Trust Score (DLTS). A Party Host's DLTS is determined by their loan history directly with PartyNode. The scores below are only used to determine accountability levels for new Party Hosts, and as a reference going forward until the PartyNode DLTS system becomes more robust.
Verification Score
A Party Host may have to provide several different verification credentials including:
Proof of Humanity / BrightID
Gitcoin Passport
voice/video chat
social media accounts
doxxed identity (if volunteered)
Reputation Score
A Party Host's reputation will be measured based on the following metrics:
social media presence
network connections
contribution history
Wallet Score
A Party Host's wallet history will be analyzed based on the following metrics:
address age
address activity
total volume flow
current assets
DeFi loan history
Income Score
Each Party Host should be prepared to show proof of income, preferably on-chain. Income will be analyzed based on the following metrics:
wages
investments
business
capital gains
interest
Skill Score
A Party Host will be required to demonstrate the necessary skills needed to deploy and manage the nodes/validators of their choosing. Skills will be analyzed based on the following abilities:
use a CLI
run and maintain node software
familiar with multiple client softwares
use and manage DappNode software
manage servers
deploy and manage docker images/containers
run and manage validator software
run and manage any other specific softwares related to a proposed network
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