Season 3: Ignition Rewards Program

Season 3 Introduction

Ignition Season 3 is 100% focused on incentivizing Worker participation.


🚧

The claim window for Season 3 rewards closes on July 8, 2024, at 13:00 UTC.

A total of 7,500,000 IO will be allocated for Ignition Season 3, which runs from 6/1/24 - 6/30/24.

  • IO Workers - 5,000,000 IO
  • IO Nation - 2,500,000 IO (Including: Galxe, Discord, Contests)

Snapshots for Season 3 will be taken at random on 6/30/24.

In order to be eligible:

  • Workers must pass Proof of Work verification (this automatically runs every 1 hour).

The claim period for Season 3 opens on 7/1/24 at 13:00 UTC.

👍

After $IO Coin Launch, Workers will earn "Block Rewards" on top of accruing Season 3 rewards.

Worker Rewards

For a given node, the score is calculated using activity starting from 6/1/24 and ending 6/30/24. The program records the number of points accrued for a given node and the sum for each user account a during the full rewards period.

At the end of the rewards period, all points earned will be summed and converted to rewards, which will be distributed pro-rata to each user account a based on their share of points.

📘

A valid Solana wallet must be associated with your user account by going to Account Settings and click Set Payout. Wallets with an Exchange Deposit Address (Custodial) and Metamask aren't accepted. This must be a Self-Custodial wallet. S3 Addendum Amendment 2 uses the wallet you entered for S3.

🚧

Self-service withdrawals for USDC Earnings are currently under maintenance. Please open a support ticket and our team will manually process withdrawals for you.

🚧

Rewards calculation are for IO rewards for the program only and do not include USDC earnings rates for hired GPUs. Live USDC rates for hired GPUs can be viewed at https://cloud.io.net/explorer/home.

Factors for Reward Calculation are as follows:

A (Ratio of Job Hours Done - RJD): Total Job Hours Completed by a given node i
B (Bandwidth - BW): Multiplier based on table below, determined by GPU model
C (GPU Model - GM): Multiplier based on table below, determined by GPU model
D (Uptime - UT): Total Uptime in Hours for a given node in the period.

A. Job Hours Done
This is simply the sum of total Job Hours completed.

B. Bandwidth Scoring System:
The following bands will be used to classify nodes’ bandwidth:

  • Low Speed: 100Mb/s Download, 75 Mb/s Upload
  • Medium Speed: 400Mb/s Download, 300 Mb/s Upload
  • High Speed: 800Mb/s

Should a node, on average during the program period, exceed both the minimum download and upload requirements for a tier, it will achieve classification within that tier.

C. GPU Model scoring:

👍

The list below may not be complete. Support for new chips is routinely being added and this list will be updated on a regular basis.

❗️

Model Score is only ONE factor in the rewards calculation. Rewards are balanced based on a number of factors to provide reasonable reward rates based on the CapEx and OpEx.

📘

The distribution of rewards is distributed as follows:

25% allocated to the CPU
75% allocated to the GPU

GPUs

The list below reflects devices that are eligible for Season 3 Incentives. However, all devices on the Supported Devices List are eligible to connect to io.net to earn Availability Rewards and Hire Fees

ManufacturerGPU ModelMultiplier
NVIDIAGeForce RTX 30500.1
NVIDIAGeForce RTX 3050 Ti0.1
NVIDIAGeForce RTX 30600.1
NVIDIAGeForce RTX 3060 Ti0.1
NVIDIAGeForce RTX 30700.1
NVIDIAGeForce RTX 3070 Ti0.1
NVIDIAGeForce RTX 30800.1
NVIDIAGeForce RTX 3080 Ti0.25
NVIDIAGeForce RTX 30900.25
NVIDIAGeForce RTX 3090 Ti0.25
NVIDIAGeForce RTX 40500.25
NVIDIAGeForce RTX 40600.25
NVIDIAGeForce RTX 4060 Ti0.25
NVIDIAGeForce RTX 40700.25
NVIDIAGeForce RTX 4070 Ti0.25
NVIDIAGeForce RTX 4070 SUPER0.25
NVIDIAGeForce RTX 4070 Ti SUPER0.25
NVIDIAGeForce RTX 40800.25
NVIDIAGeForce RTX 4080 SUPER0.25
NVIDIAGeForce RTX 40901
NVIDIAGeForce RTX 4090 D1
NVIDIARTX 40000.25
NVIDIARTX A40000.25
NVIDIARTX 4000 SFF Ada Generation0.25
NVIDIARTX 50000.25
NVIDIARTX A50000.25
NVIDIARTX 5000 Ada Generation1
NVIDIARTX A60001
NVIDIARTX 6000 Ada Generation1
NVIDIARTX 80001
NVIDIAA101
NVIDIAA10G1
NVIDIAA161
NVIDIAA301
NVIDIAA402
NVIDIAA40-8Q2
NVIDIAA40 PCIe2
NVIDIATesla T40.25
NVIDIAL402
NVIDIAL41
NVIDIAL40S2
NVIDIATesla P100 PCIe0.25
NVIDIATesla V100-SXM2-16GB0.25
NVIDIATesla V100-SXM2-32GB0.5
NVIDIATesla V100-PCIE-16GB0.25
NVIDIATesla V100-PCIE-32GB0.5
NVIDIATesla V100S-PCIE-32GB1
NVIDIAA100-SXM4-40GB2.5
NVIDIAA100-SXM4-80GB5
NVIDIAA100-PCIE-40GB2
NVIDIAA100 80G PCIe NVLink5
NVIDIAA100 80GB NVLink5
NVIDIAA100 80GB PCIe5
NVIDIAH100 PCIe10
NVIDIAH100 80G PCIe10
NVIDIAH100 NVL10
NVIDIAH100 80GB HBM310

CPUs

❗️

Ignition Rewards for Apple chips are in a separate pool from other supplier rewards and do not dilute rewards for other suppliers.

ManufacturerCPU ModelMultiplier
AppleM1 Pro0.25
AppleM1 Max0.5
AppleM1 Ultra1
AppleM20.25
AppleM2 Pro0.5
AppleM2 Max1
AppleM2 Ultra1.25
AppleM30.25
AppleM3 Pro0.5
AppleM3 Max1
AMDRyzen Threadripper 3970X 32-Core Processor0.25
AMDRyzen Threadripper 7980X 64-Cores1.5
AMDRyzen Threadripper PRO 3975WX 32-Cores0.75
AMDRyzen Threadripper PRO 3995WX 64-Cores1.75

🚧

Apple M2, is officially back with a multiplier of 0.25

D. Uptime
Uptime is simply calculated as the total hours a node is Active and available.

Viewing Points

Points will be made available to view at https://cloud.io.net/worker/earnings-and-rewards . The current user interface will be updated to show USDC Earnings, IO Rewards, and Ignition Program Points separately.