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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:

Period
Fixed Fiat Amount Worth of XNET per GB
Fixed Token Amount per GB

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:

Epoch Day
Average Daily Price

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

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Last updated 27 days ago