For reasons that have been discussed at length on Discord, I believe the contest leaderboard that has been added in the last website update is largely inaccurate and unrepresentative of actual contest performance.
Out of curiosity, I decided to directly apply the battle-tested Kaggle’s competition ranking formula to CG contests and you can see the resulting leaderboard for yourself. It still features scaling with number of participants and time decay, but in a more nuanced manner. In my opinion, it is much more interesting and accurate than what’s currently online, so I thought others could be interested to take a look as well.
Please pardon my poor and rushed HTML skills.