Score and Rewards

Node operators are rewarded for their contribution to the network with WSI tokens. This reward structure aims to offer an attractive alternative to traditional cloud storage solutions and is based on the extent of storage space provided as well as the utilization of the node.

Services like AWS typically charge around $0.023 per GB per month, equivalent to $23.00 per TB. WeSendit provides node operators with $3.00 per used TB of storage. Additionally, incentives can be increased through multipliers. More information about the multipliers can be found at: The Multiplicator.

The incentives are provided through WSI tokens to node operators at the wallet address registered during installation. WeSendit purchases WSI tokens quarterly from the open market, funded by parts of the revenues from Web3 subscriptions and the sale of storage to companies in both Web2 and Web3 sectors. These tokens are deposited into a treasury, from which node operators can claim their token rewards. The multiplier is incentivized through the Operations Pool, which comprises 10% of the total supply, to qualified node operators.

The incentives are correlated with network utilization and depend on the licensed node. The node licenses (Nebula, Orbit, and Cosmos) differ in that a higher security deposit is required.

Calculation

The rewards are calculated based on the fragments the network occupies on the node.

Please be aware that during node initialization, the system will reserve the allocated storage to ensure its availability. When you check your hardware metrics, you will see the allocated storage, not the occupied storage amount.

After you set up your node, you will pass all three networks: Checknet, Testnet and finally joint the Mainnet.

Calculation Process

• The rewards period of 30 Days starts on the day, your node joins the Testnet

• In Test-Net State, you'll get 50% of the effective rewards, no multiplier is applied

• The system takes 2 snapshots each day

• after 30 days, the average amount of GB is calculated

• The amount of WSI is allocated to your wallet id

• You can claim the amount of Token visible as “Claimable” in your Dashboard.

Licenses and Incentives

The license varies based on the number of uploads received. A higher node license results in more fragments and faster node occupancy.