The ladder

Section 1

What the score is made of

Weights
are fixed
constants

A

Hold — the unbroken position

How long your current position has stood without shrinking. It saturates after seven days of unbroken holding, and it resets to zero on any outflow — a sell, or simply sending tokens somewhere else. It is the single largest component, and the one you cannot fake, because the only way to have held for seven days is to have held for seven days.

45%

B

Age — time in the system

Measured from the first moment your wallet ever received $REP. It also saturates after seven days. A fresh wallet cannot inherit it, and a wallet that has only ever been vouched for never starts the clock at all — age begins on a genuine receipt of tokens, not on a favour.

35%

C

Volume — capped on purpose

Cumulative $REP traded through the pool, saturating at 1,000,000 REP — a tenth of one percent of supply. This is the only component money can move, and it is deliberately held to a fifth of the score. Run a hundred times the volume and it is worth precisely the same 20%.

20%

Section 2

The four rungs

Fee and
weight
per tier

Rung 00

Unproven

Where every wallet starts, on day one, at any size.

Score: below 0.30
Trade fee: 3.00%
Reward weight: 1.00×
May vouch: No

Rung 01

Known

The wallet has been here long enough to be recognised.

Score: 0.30 +
Trade fee: 2.25%
Reward weight: 1.25×
May vouch: No

Rung 02

Trusted

Half the fee of the floor, and the right to vouch for others.

Score: 0.55 +
Trade fee: 1.50%
Reward weight: 1.50×
May vouch: Yes

Rung 03

Core

A third of the fee and double the weight. There is no rung above this.

Score: 0.80 +
Trade fee: 1.00%
Reward weight: 2.00×
May vouch: Yes

Fees and weights are constants in the token contract and cannot be changed after deployment. The score thresholds are set once, at deployment, and are immutable thereafter; the values shown are the ones in the deployment script.

Section 3

How you fall off it

30 days
grace,
then 30
days out

The score carries a clock. Every genuine action you take on your own wallet resets it: a buy, a sell, a transfer in or out, claiming your rewards, or calling sync on yourself, which costs only gas. Nothing else resets it — and specifically, a third party recomputing your tier for you does not, which is what stops an abandoned wallet from being propped up by a script.

For the first 30 idle days nothing happens; your score is untouched. After that it is multiplied down on a straight line, reaching exactly zero 30 days later. There is no cliff and no partial credit at the end: 60 days of silence and your wallet is Unproven again, whatever it holds.

Decay schedule as implemented. Grace and window are set at deployment and immutable afterwards; both are 30 days in the deployment script.

Section 4

Vouching, and its ceiling

Standing,
never
economics

A Trusted or Core wallet may vouch for another address. This is worth saying precisely, because it is the obvious place a reputation system gets bought: a vouch lifts the recipient's standing, and it does not touch their economics. The fee discount and the reward multiplier are read from the earned score alone, with every vouch stripped out of it. There is no path by which someone else's goodwill lowers your trading fee.

Vouching is not free for the person doing it, either. It resets the voucher's own hold streak — the largest component of their score — which means each vouch costs the voucher real standing that only time can rebuild.

Vouch — powers and limits
Property	Value	Note
Who may vouch	Trusted or Core	Measured on standing. Vouches alone can never confer it: the ceiling on grants received (+0.30) sits below the Trusted threshold (0.55), so earned score is always required.
Grant per vouch	+0.15	Added to standing only.
Ceiling per recipient	+0.30	Two fresh grants fill an address; a third reverts until the earlier ones have decayed away.
Cooldown per voucher	1 day	Rate limit on farming out grants.
Cost to the voucher	Hold streak	Reset to zero. The largest part of their own score.
Lifetime of the grant	Decays	Bleeds away on the same schedule as any other signal.
Effect on trade fee	None	Read from the earned score, vouches excluded.
Effect on reward weight	None	Read from the earned score, vouches excluded.

Section 5

What counts for nothing

The
short
list

Nil Your balance There is no balance term in the score. Holding a thousand times more $REP than the next wallet produces exactly the same number.
Nil Buying more A larger buy adds to the volume component, which is capped at a fifth of the score and saturates at 1,000,000 REP. Beyond that it adds nothing whatsoever.
Nil Somebody else's score Score is derived from your wallet's own history every time it is read. It is not a token and not a balance: it cannot be sent, sold, wrapped, lent or bridged.
Nil A script keeping you warm Anyone may recompute anyone's tier — that part is permissionless — but a third-party call will not refresh your decay clock. Only your own actions do.
Nil A vouch, where the money is It lifts standing and stops there. Both economic benefits read the earned score with vouches removed.
Nil Selling out and coming back The hold component is 45% of the score and reads zero the moment your balance does. Any outflow at all restarts that clock from now.

What the score is not

It is a heuristic, not an identity proof. One wallet is not one person, and somebody patient enough can run several of them. What the design does is make every one of those wallets cost the same thing — time — and make the one resource that scales freely, money, count for as little as the mechanic can bear. That is a strong claim about incentives. It is not a claim about who anyone is.

the ladder.