What is the Value Transfer Score?

Definition

VTS measures intrinsic network economic performance under the Voxonomics model. The name reflects a network's capacity to create, secure, sustain and transfer economic value across participants and time.

It is not a token price, credit rating, investment recommendation or promise of future returns. It is a versioned model output derived from six observable dimensions of network economic quality.

The six parent indices

Edition 3.2 preserves the equal parent weights established in Edition 3.1. A strong result in one dimension therefore does not give governance permission to quietly increase that dimension's constitutional importance for a favoured network.

VTS core and the ERU

Each parent index is scored on the framework's 0–100 scale. The current methodology combines the six equally weighted parents into a core intrinsic score between 0 and 1, then expresses the result relative to the Economic Reference Unit (ERU).

The published ERU reference is displayed as 1.000000. A VTS of 1.000000 means performance equals the current reference benchmark under the active methodology. A VTS above one is valid; the scale is not artificially capped at one.

Why VTS is not a market-price forecast

Markets price expectations, liquidity, regulation, token rights, future dilution and many other factors. Voxonomics therefore keeps market recognition outside the intrinsic VTS measurement.

The Value Recognition Index (VRI) measures market recognition separately. The Opportunity Gap compares intrinsic measurement and recognition. This prevents token price from mechanically defining the same score later used to judge whether the market recognises fundamentals.

Risk and confidence remain separate

A network can measure strongly on VTS while still carrying material structural risks. It can also have apparently strong performance with weak evidence. The current methodology keeps two additional outputs separate:

• VOX Risk Score (VRS): aggregate structural risk, where higher means riskier.
• VOX Confidence Score (VCS): confidence in the evidence, sources, adapters and calculation.

VCS does not reward or punish economic performance. It governs how strongly a result can be relied upon and whether publication thresholds are met.

When is a VTS official?

The Edition 3.2 publication rules do not treat every calculated composite as official. An official VTS requires all six official parent indices and overall VCS of at least 70, in addition to the applicable source, freshness, adapter and dispute rules.

Partial or research calculations may be useful diagnostically, but their status must remain visible. A missing parent cannot be disguised simply to produce a complete leaderboard.

What should sit behind a published VTS?

An official publication package is designed to identify the current VTS and core score, ERU version, all six parent indices, submetric contributions, data windows, freshness, VCS, publication status, adapter and methodology versions, material flags and a machine-readable calculation record.

That is why Voxonomics describes VoxUI as an evidence and governance terminal rather than merely a ranking screen.

Does Voxonomics publish official VTS values today?

The public framework site currently explains the methodology and implementation work. It should not publish an official VTS for a network until the required metric coverage, confidence, calibration, adapter and governance conditions are actually satisfied.

Read the controlling specification

See Chapter 10 of the Voxonomics Whitepaper — Final Publication Edition 3.2 for the controlling VTS definition and the current framework guide for all 30 underlying submetrics.