Delegation

Hotspot Delegation Process and Fees.

Hotspot Delegation will be done via the Wayru Mobile app or web dapp, available at TGE, allowing the Hotspot Owner to select their preferred Deployer from the list of available Trusted Deployers.

The cost of onboarding and delegating a hotspot for the Hotspot owner will be $100 USD worth of $WAYRU paid only once.

To onboard a device, the Hotspot Owner burns $20 USD worth of $WAYRU tokens to mint the Non-fungible Node, which proves ownership of the device. The holder of this NFT can claim the Hotspor Owner's rewards.

The Hotspot Owner pays a delegating fee of $80 USD in $WAYRU to choose the Trusted Deployer to whom they want to delegate the Hotspot and sign a 5-year contract with them. The initial costs involve device shipping, marketing, host acquisition, and initial bandwidth.

The Deployer accepts the delegation of a Hotspot by burning $10 USD worth of $WAYRU.

Once onboarded and delegated, the Non-fungible Node serves as proof of device ownership for the owner, and the metadata will hold the DID of the delegated Trusted Deployer.

Delegation fees

Process	Paid in $WAYRU
NFN Mint by Hotspot Owner	$20 USD
Delegating by Hotspot Owner	$80 USD
Accept Delegation by Deployer	$10 USD

*Delegation will be available to the public at TGE.