π€Reward
Once a relay is serviced and the proof is verified by the network, the corresponding reward in the form of the native cryptocurrency is added to the Servicerβs, Fishermen, Governor , Requestor's and Validators account. This process helps to ensure that the rewards are distributed in a timely manner and that the servicers are incentivized to continue providing high-quality service to the network.
Governer
10%
Validator
5%
5% (if they have the special key), otherwise, the allocation goes to the Governor.
Fishermen
5%
Servicer
72%
Chain
3% (if not partnered, goes to Servicer)
** The allocations assigned to the actors are parameterized and can be adjusted in the future through the DAO governance.
Servicer Rewards
Servicers are rewarded based on two key factors:
Relay Volume: The number of relays processed by the Servicer during a session (~1hr).
Performance Score: Quality of service metrics evaluated by Fishermen, such as availability and latency.
Reward = Relay Volume Γ Performance Score
This formula incentivizes Servicers to maximize both relay volume and quality, ensuring efficient and reliable service for the network.
Validator Rewards
Validators maintain the security and integrity of the Viper Network by verifying transactions and adding new blocks to the native blockchain. For their efforts, Validators receive a share of the block rewards. Validator rewards act as a key incentive, motivating Validators to actively participate in consensus and maintain network stability.
Fisherman Rewards
Fishermen are critical to maintaining the Quality of Service (QoS) in the Viper Network. Acting as pseudo-clients, Fishermen send sample relays to Servicers to evaluate their performance across standardized metrics:
Availability: Uptime of the Servicer.
Latency: Response time of the Servicer.
Reliability: Consistency in response accuracy.
Fishermen compile these evaluations into report cards, which play a vital role in holding Servicers accountable and ensuring the network maintains high-quality performance standards. Fishermen receive rewards for their unbiased and accurate evaluations, ensuring Servicers provide high-quality and reliable performance.
Requestor Rewards
Requestors (only portals and tool builders) receive rewards for directing traffic to the Viper Network. This serves as both an incentive and a discount mechanism for their participation. These incentives encourage developers, infra protocols and portals to actively utilize Viperβs decentralized infrastructure to build great UX/UI, APIs or Tools. This not only enhances the utility and accessibility of the network but also accelerates adoption by creating value-added services for end users
To ensure that the rewards are properly distributed and accounted for, a special key needs to be generated for the client. This key can only be generated by the Team, who has the authority to allocate rewards to eligible clients.
Chains and Partner Rewards
Partnered chains receive 3% of the reward allocation as an incentive for driving traffic and promoting Viper within their communities, whether through mentions in documentation, blogs, tutorials, or other community-driven efforts. These rewards foster a network effect, encouraging chains to actively support and endorse Viper, thereby boosting visibility and adoption. By promoting Viper to their developers and users, partnered chains create a virtuous cycle of mutual growth.
**In cases where a chain is not a partner, the 3% allocation is redistributed to Servicers.
Last updated