đ¸Rewards
Hotspots get rewarded for uptime and usage.
The values shown here might not be final and are subject to change at any time before TGE.
Types of Rewards
Universal Basic Income (wUBI)- Equally distributed among all the active hotspots.
Usage & Performance Income (wUPI)- Distributed among all the active hotspots based on individual hotspot performance.
Rewards Calculation
To calculate wUBI, the total number of $WAYRU available for the wUBI rewards pool is divided by the total number of active Hotspots on the network during an epoch, determining the amount of $WAYRU distributed per active Hotspot.
To calculate wUPI, the total number of $WAYRU available for the wUPI rewards pool is divided by the total GBs consumed on the network during an epoch, determining the amount of $WAYRU distributed per GB provided.
Yearly Rewards Allocation
Year | wUBI Pool | wUPI Pool |
---|---|---|
1 | 95% | 5% |
2 | 90% | 10% |
3 | 80% | 20% |
4 | 70% | 30% |
5 | 60% | 40% |
6 | 50% | 50% |
7 | 40% | 60% |
8 | 30% | 70% |
9 | 20% | 80% |
10 (til the end of time) | 10% | 90% |
wUBI Tiering Systems
We have designed several Tiering Systems to calculate wUBI properly and reward everyone according to a Hotspot's performance and participation.
Eligibility Deposit
Hotspot Operators must deposit 5,000 $WAYRU into their hotspots to activate rewards distribution. This Deposit has a cool-down period of one month for withdrawal. Once a withdrawal has started, the Hotspot stops generating rewards. This prevents bad actors in the ecosystem.
Reward Period
Rewards are distributed on a per-epoch basis. An epoch is 24 hours long, and there are 365 per year. The rewards distribution starts when the token goes live on the Mainnet Q3-Q4 2024.
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