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Note: this proposal has been mentioned in multiple discussions, issues, and governance calls (such as #327), so skipping an additional discussion topic
Current Status
Once approved, large dataset clients receive DataCap in calculated allocations. These allocations start smaller and then increase with each subsequent allocation. Currently, there are three steps:
First allocation: lesser of 5% of total DataCap requested or 50% of weekly allocation rate
Second allocation: lesser of 10% of total DataCap requested or 100% of weekly allocation rate
Third allocation onwards: lesser of 20% of total DataCap request or 200% of weekly allocation rate
Proposal
Add two more steps, as follows:
Fourth allocation: lesser of 40% of total DataCap requested or 400% of weekly allocation rate
Fifth allocation onwards: lesser of 80% of total DataCap request or 800% of weekly allocation rate
Reasoning
We have heard from multiple clients that 2 weeks of DataCap at maximum is not sufficient runway for enterprise-level investments. There are times when a clients deal-making traffic may spike, and times when tooling or notary availability are not consistent. Making this change could get enterprise-level clients up to 8 weeks of runway for DataCap.
We feel it is important to maintain the stepwise increase (compared to a larger initial allocation of DataCap) so that new clients can scale-up as they on-board onto the network. This can help mitigate potential fraud risk, and allows notaries to audit deal-making behavior of clients early on, with smaller amounts of DataCap awarded to a client address. While there may be other ways to address these concerns, the lowest technical lift would be to increase the percentage allocations (minor technical changes to bots).
Timeline
We plan to discuss this in the next notary governance calls (12/21), and depending on community opinions would like to ratify and implement in January.
The text was updated successfully, but these errors were encountered:
Note: this proposal has been mentioned in multiple discussions, issues, and governance calls (such as #327), so skipping an additional discussion topic
Current Status
Once approved, large dataset clients receive DataCap in calculated allocations. These allocations start smaller and then increase with each subsequent allocation. Currently, there are three steps:
Proposal
Add two more steps, as follows:
Reasoning
We have heard from multiple clients that 2 weeks of DataCap at maximum is not sufficient runway for enterprise-level investments. There are times when a clients deal-making traffic may spike, and times when tooling or notary availability are not consistent. Making this change could get enterprise-level clients up to 8 weeks of runway for DataCap.
We feel it is important to maintain the stepwise increase (compared to a larger initial allocation of DataCap) so that new clients can scale-up as they on-board onto the network. This can help mitigate potential fraud risk, and allows notaries to audit deal-making behavior of clients early on, with smaller amounts of DataCap awarded to a client address. While there may be other ways to address these concerns, the lowest technical lift would be to increase the percentage allocations (minor technical changes to bots).
Timeline
We plan to discuss this in the next notary governance calls (12/21), and depending on community opinions would like to ratify and implement in January.
The text was updated successfully, but these errors were encountered: