XIP-6
Wi-Fi Data Payout Modification
by: Heated Lime
Background
Currently, deployers are paid a fixed 50 XNET per GB for Wi-Fi offload, regardless of the price of XNET. Therefore, it’s hard for deployers to negotiate a fixed amount per GB split with hosts, as those payouts may vary per epoch. Further, a deployer could offload 100 GB per month in different months, and receive a varying fiat amount converted from XNET due to market fluctuations.
In an effort to make data rewards more predictable for deployers, this XIP proposes implementing a variable amount of XNET corresponding to the average price per epoch, along with a fixed XNET token reward per GB (i.e. $X.XX worth of XNET plus X amount of XNET)
Proposal
This XIP proposes the following payout schedule per GB for Wi-Fi offload:
Q2 2024
$3.50
10 XNET
Q3 2024
$3.50
8 XNET
Q4 2024
$3.50
6 XNET
Q1 2025
$3.00
5 XNET
Q2 2025
$3.00
5 XNET
Q3 2025
$2.50
5 XNET
Q4 2025
$2.50
5 XNET
Q1 2026
$2.00
5 XNET
Q2 2026
$2.00
5 XNET
Q3 2026
$1.50
5 XNET
Q4 2026+
$1.50
5 XNET
The average XNET price from all days in the epoch in which the data occurred will be used to calculate the price in which the fiat amount is calculated. For example, this example will assume 30 GB of Wi-Fi data was offloaded from the past epoch in Q2 2024, and will assume the following price of XNET from that epoch:
Day 1
$.045
Day 2
$.056
Day 3
$.082
Day 4
$.090
Day 5
$.055
Day 6
$.05
Day 7
$.049
Day 8
$.0420
Day 9
$.069
Day 10
$.056
Day 11
$.065
Day 12
$.053
Day 13
$.052
Day 14
$.050
Average Price for Epoch
$0.0581
Variable XNET Reward
(3.50/.0581) = 60.24
Fixed XNET Reward
10
Total XNET Reward for Epoch
70.24
Last updated