Rewards

Information about the Lilybit_ rewards program

GPUs contributing to the Lilypad Network can earn Lilybit_ credits daily. Read a full breakdown of the Lilybit_ rewards system here.

tldr:

• Nodes must be online for a minimum of 4 hours a day continuously (verified with POW efforts) to earn that day’s Lilybit_ rewards.

• A 4x multiplier on this base daily rate is available for nodes that are online and taking jobs over the full day (This is calculated with 1.3195^(number of 4 hour windows GPU is online)).

• The power of the compute being contributed also provides a point multiplier, with the hashrate of a node (determined by the required POW algorithm) determining the multiplier given to a node’s power. 10 points are rewarded for every MHash/sec provided to the network.

• In order to incentivize long term participation in the network, a node will be slashed 10% of their total number of points (earned by providing compute power) each day that node isn’t online for at least 4 hours continuously.

Rewards Leaderboard

Use the Lilypad Leaderboard to view Lilybit_ rewards earned by each wallet ID.

Track the status of a Resource Provider with the node status dashboard.