CDI — Coin Desirability Index

CDI — Coin Desirability Index

The CDI is the measurement of a projects or tokens desirability. Similar to how social media algorithms work, we applied the same formula.

The CDI is measuring the number of Views or Impressions VS. Withdrawal Rate

The best overall CDI score is 100.

How a token project can receive the best score.

In the case all delegates (100%) that were presented with the token as an option to withdraw and all said delegates did indeed withdraw said token. Here is an example of how CDI works.

Since we offer $drip to the entire blockchain it is a good token to use as an example.

If the $drip token is displayed for withdrawal to 5000 delegates but only 2000 withdraw $drip token desirability is:

2000 (withdrawals) / 5000 (views) = 0.400 * 100 = CDI 40

Now, if we take a spam or shitcoin with the same distribution parameters

$hit token is displayed to 5000 delegates as a possible withdrawal option but only 10 delegates withdraw.

10 (withdrawals) / 5000 (views) = 0.002 * 100 = CDI 0.2 (0)

The higher the CDI the more desirable the token is to the community. This should mitigate the issue of spam tokens along with the implementation of phase 2 voting, users will be able to remove the undesirable tokens from the platform. A CDI of zero would indicate very little user engagement with a particular token.