Web3 Asset Platform RootData Urges Projects to Enhance Transparency

Web3 asset data platform RootData has issued a transparency alert on Twitter, highlighting missing information from decentralized exchanges such as Hydration, Hyperbot, SideShift.ai, Lynex, and Beets. According to ChainCatcher, the alert calls for project teams to submit or update their data on RootData to improve their transparency scores. RootData's transparency score is designed to assess the completeness and timeliness of a project's information disclosure. The scores range from A to F, with lower scores indicating less comprehensive information disclosure and higher risks of misconduct. Investors are advised to exercise caution with projects that have lower transparency scores. RootData plans to continue monitoring and exposing projects that lack essential information.