Storage Provider Earnings

SP Earnings are used to determine borrowing limits

GLIF tracks the amount of expected weekly earnings of each SP in the protocol. The weekly earnings formula encapsulates:

  1. The SP's expected weekly block rewards

  2. 7 days worth of SP vesting funds

The formula is:

DailyEarnings=ExpectedDailyRewards+(VestingBalance/180)Daily Earnings = Expected Daily Rewards + (VestingBalance/180)

WeeklyEarnings=DailyEarningsβˆ—7Weekly Earnings = DailyEarnings * 7

The weekly earnings are used to ensure each Storage Provider can afford their weekly fees.

Last updated