6.3 Metrics for Success & Impact Assessment

Grand visions require grounded numbers. NXT tracks a suite of quantitative and qualitative indicators published on an open Grafana dashboard, ensuring no stakeholder must rely on press releases for status updates. Network Health metrics cover median block finality, validator uptime distribution, slashing-event frequency, and oracle-feed latency. Targets are set via governance, with auto-escalation thresholds: if finality breaches a ceiling three epochs in a row, an on-call incident channel spins up and a status banner appears across interfaces.

Economic Activity focuses on real-world utility: total value tokenised, secondary-market liquidity depth, and unique wallet interactions across asset classes. These figures are normalised to account for price volatility, providing a clearer view of organic growth versus speculative spikes. Liquidity stress tests—simulating mass redemption events—run on shadow forks to validate that exit queues and escrow buffers can handle tail-risk without cascading failures.

User Experience adopts behaviour-analytics tools (with privacy-preserving aggregation) to measure on-boarding time, completion rate of issuance workflows, and help-article exit satisfaction. Accessibility audits track compliance with WCAG guidelines, while translation accuracy uses community scorecards. The goal is to prevent growth from being lopsided toward technically savvy demographics, reinforcing inclusivity.

Governance Vitality is gauged through proposal throughput, token-weighted turnout, delegate concentration, and comment diversity (unique commenter addresses per proposal). The protocol aspires not merely to high turnout but to balanced dialogue; hence, a Herfindahl-Hirschman index monitors delegate concentration, triggering governance discussions if a handful of wallets dominate voting power.

Finally, Regulatory Compliance metrics include the success rate of automated KYC checks, jurisdictions supported, audit-trail look-ups by external authorities, and a log of legal inquiries resolved without code changes—evidence that embedded compliance logic is functioning as intended. Semi-annual third-party compliance assessments publish attestation hashes on-chain, enabling independent verification of the full report. Together, these metrics form a living scoreboard that guides treasury allocation, feature prioritisation, and community discussions.

Last updated