---
title: "Safety Scores Changelog"
canonical: "https://pharos.watch/methodology/scoring-changelog/archive/v4/"
description: "Safety Scores Changelog - Pharos methodology version history."
---

# Safety Scores Changelog

[All versions](https://pharos.watch/methodology/scoring-changelog/)

<a id="scoring-v4-1"></a>

## v4.1 - Liquidity weight increase + reclassifications

**Effective:** 2026-02-27

Liquidity weight raised to 30% as the most defining stablecoin attribute. Five coins reclassified to decentralized.

- Weights: Liquidity 25->30%, Resilience 25->20%
- crvUSD, FRXUSD, USR, GYD, ALUSD reclassified from centralized-dependent to decentralized

Liquidity 25%→30% (“swappability is the most defining aspect of a stablecoin”), resilience 25%→20%.

5 coins reclassified from centralized-dependent to decentralized: crvUSD, FRXUSD, USR, GYD, ALUSD.

Peg | Liquidity | Safety | Resilience | Decentralization | Dep Risk
--- | --- | --- | --- | --- | ---
multiplier | 30% | — | 20% | 15% | 25%

Origin: Reconstructed from git commit history

Commits: `122733d`

<a id="scoring-v4-0"></a>

## v4.0 - Peg stability becomes a multiplier

**Effective:** 2026-02-27

Biggest structural change: peg stability removed from weighted dimensions and applied as a post-hoc power-curve multiplier.

- Peg applied as final *= (pegScore/100)^0.20 instead of 25% dimension weight
- Grade thresholds lowered 5 points to compensate for structural deflation

**Biggest structural change.** Peg Stability removed from the weighted base dimensions entirely and applied as a post-hoc power-curve multiplier:

```text
final = base × (pegScore / 100) ^ 0.20
```

<a id="scoring-v4-pegscore-multiplier"></a>

pegScore | Multiplier | Impact
--- | --- | ---
100 | 1.000 | none
90 | ≈0.979 | −2%
50 | ≈0.870 | −13%
10 | ≈0.631 | −37%
0 | 0 | dead

Grade thresholds lowered 5 points to compensate for structural deflation. Minimum rated base dimensions reduced from 3 to 2.

Peg | Liquidity | Safety | Resilience | Decentralization | Dep Risk
--- | --- | --- | --- | --- | ---
multiplier | 25% | — | 25% | 10% | 30%

Origin: Reconstructed from git commit history

Commits: `6ed2ec9`
