This page is a workspace to aggregate, clarify, and present motivations for implementing the FIL+ premium (fka subsidy) proposal. We might aim to turn this into a presentation we can make publicly to educate and build enthusiasm for the change.
This page is not about technical challenges or specific policy analysis. It’s a motivation for why to attempt solving those problems in the first place. It is one-sided.
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💡 The contents of this page is expressed slightly better in this presentation.
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Background
“Deal” below always refers to FIL+ verified deals.
Make FIL+ deals more attractive
- FIL+ premium enhances Filecoin Plus, it does not wind it back. Improves the predictability and reliability of the reward.
- FIL+ premium will be more reliable, especially for small providers, because payment doesn’t depend on the consensus lottery. Smaller providers have a relatively harder time getting their blocks included.
- FIL+ premium pays sooner, aligned with the storage deal. The QAP mechanism spreads reward out over the whole sector lifespan. In general it delays rewards, sometimes far after the deal has completed.
- The FIL+ premium pay-out period is smooth, no lottery, and aligned with the deal lifespan.
Make FIL+ performance and reputation more transparent
- With QAP, deal-seeking providers hosting useful data compete with capacity-maximising providers on the same leaderboard, and are completely overshadowed.