BlackHartBlackHart
Scores/Polymarket/Provenance/Governance & Upgradeability
D5

Governance & Upgradeability

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

Weight 10%80% confidence
30
Critical
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
646
Current BRI
D5Governance & Upgradeability
Weight 10%
30
(30/100)^0.1 = 0.8866
Contributing Factors
+30Admin controls market creation, resolution, pausing
-18Fully centralized operation (Polymarket Inc.)
-18No on-chain governance mechanism
-18Significant regulatory concerns (CFTC settlement 2022)
-18DEGRADED post-HACK-POLYMARKET-2026-001: centralized custody is the architectural prerequisite that turned a single-key compromise into a $700K loss
Evidence Sources
blackhart_analysisMay 17sha256:f6662fc9af70....View
blackhart_analysisMay 22sha256:ab6aee9c9a5e....View

Score Composition

-18

Fully centralized operation (Polymarket Inc.)

-18

No on-chain governance mechanism

-18

Significant regulatory concerns (CFTC settlement 2022)

-18

DEGRADED post-HACK-POLYMARKET-2026-001: centralized custody is the architectural prerequisite that turned a single-key compromise into a $700K loss

+30

Admin controls market creation, resolution, pausing

Evidence Chain (2 files)

BlackHart AnalysisMay 22, 2026, 11:37 AM
open_in_newGovernance & Upgradeability — Source Code
sha256:ab6aee9c9a5e...
GitHub APIMay 17, 2026, 06:58 PM
open_in_newGitHub (/)
sha256:f6662fc9af70...

Score History

No dimension-level score changes recorded yet.

Methodology: 2.1Formula: 1.1Weights: 1.1