wUBI
Last updated
Last updated
To calculate wUBI, we use two (3) references: the wUBI rewards pool, the individual Hotspot Uptime Score, and the Network Uptime Score.
The total number of $WAYRU available in the wUBI rewards pool is divided by the Network Uptime Score and then multiplied by the Hotspot Uptime Score to determine the amount of $WAYRU distributed per Hotspot per epoch.
Hotspot Operators must deposit 5,000 $WAYRU into their hotspots to activate wUBI rewards distribution. The Operator can withdraw the deposited tokens at any time. However, this deposit has a one-month cool-down period. Once a withdrawal has started, the Hotspot stops generating rewards, which prevents bad actors from entering the ecosystem.
We have designed a Tiering System to calculate wUBI correctly and reward everyone according to a Hotspot's performance and participation.
UBI rewards are divided into five requirements, each reflecting proof of coverage (POC) and service availability. Hotspots earn UBI rewards by complying with one or more requirements to promote high reliability and uptime.
UBI Rewards eligibility has been carefully defined with the Network’s health in mind and is tied to Hotspot uptime and performance to ensure quality of service (QoS) and accountability.
Heartbeat
A heartbeat is a signal the Hotspot sends indicating it is operational, all systems function correctly and remains connected to the network. This signal acts as a health check, allowing monitoring systems to detect disruptions or failures quickly.
Regular heartbeat signals help maintain network stability and performance, ensuring a consistent and dependable user experience.
Heartbeats are sent every hour.
Twenty-four (24) heartbeats are expected daily for full rewards eligibility.
Radio Uptime
Radio uptime measures the radio or radios on the Hotspot continuously broadcasting the required Wayru WiFi SSIDs during the epoch, indicating how consistently it remains active and connected to the network.
This metric is vital for evaluating the reliability and stability of wireless connections. Higher uptime percentages indicate fewer disruptions and improved overall performance, reducing downtime and enhancing the user experience.
Successful radio uptime signals are accounted for every continuous hour of service.
Twenty-four (24) consecutive hours of radio uptime are expected daily for full rewards eligibility.
Latency
Latency is a critical factor in determining the quality of a network connection. It measures the time it takes for data to travel from the source to the destination and back again, typically measured in milliseconds (ms).
Lower latency indicates a more responsive connection, enhancing the user experience and ensuring efficient network performance.
A latency test is performed randomly at every epoch.
A latency of 50ms or less is expected on every test for full rewards eligibility.
Minimum Usage
The device should get at least three (3) daily connections for full rewards eligibility.
Minimum usage will increase yearly, adding three (3) extra daily connections.
Heartbeats Sent
24
Radio Uptime
24 hours
Latency Test
50ms or less
Minimum Usage
3 connections
1
4/4
1
2
3/4
0.5
3
2/4
0.25
4
1/4
0.1
5
None
0
If a Hotspot goes 60 days without meeting any requirement, it will be tagged inactive. To reactivate it, $25 USD in $WAYRU needs to be burned, plus a 25 USDC penalty fee.
Reward Pool Allocation: 240,000 $WAYRU
Data Points:
Heartbeats
✓
✘
✘
Radio Uptime
✓
✓
✘
Latency
✓
✓
✘
Minimum Usage
✓
✓
✘
Hotspot Uptime Score
1
0.5
0
Network Uptime Score: 1 + 0.5 + 0 = 1.5
Reward Pool Distribution:
Hotspot A’s share of the wUPI reward pool:
Hotspot B’s share of the wUPI reward pool:
Hotspot C’s share of the wUPI reward pool:
Result: 160,000 + 80,000 + 0 = 240,000