HIP 122: Amend Service Provider Hex Boosting
hiptron opened this issue · 2 comments
HIP 122: Amend Service Provider Hex Boosting
- Author(s): @mrfizzy99 (Fizzy99 - Fiz-Tech.net)
- Start Date: 2024-04-29
- Category: Economic, Technical
- Original HIP PR: #916
- Tracking Issue: #998
- Vote Requirements: veMOBILE Holders
Summary
HIP-84 Service Provider Hex Boosting as it is written, provides too much unilateral control over where rewards are distributed to any service provider at the expense of the network PoC distribution pool.
If a service provider decides to hex boost all of Miami, the rewards distributed on behalf of the network is disproportionate to the amount burned and disincentivizes the remaining nationwide deployments on the network for the sole purpose of that service provider, ultimately dictating areas where majority of rewards should go.
While this author understands that the first service provider on the network is key to the networks success for future service providers to join, it should not be at the detriment of the network's natural expansion nationwide into other cities, and internationally.
With this in mind, there are also a few other amendments in this HIP that will also benefit the Service Provider in regards to HIP-84. One of which is changing the minimum boost time to 3 months, and the other is staking the hotspot in order to receive the boosted rewards.
Rendered View
https://github.com/helium/HIP/blob/main/0122-amend-service-provider-hex-boosting.md
I have rewritten and made so edits, not exactly sure if I did the right thing to make this edit available
HIP 122 was approved by the community on 20th June 2024 with a passing rate of 81.62%
https://heliumvote.com/mobile/proposals/C5r3STbQQzv3udRjh1Fduaxp9hhhdM21H7vadeLf9cWN