<aside> ❗ This is a COPY of the original Ignition Rewards Program page! It might not be fully updated or accurate at any time. If you want to see the updated version go:
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We’re excited to unveil Ignition, the first phase of io.net’s community rewards program aimed at accelerating the growth of io.net Cloud and the IO Network.
The Ignition program has three separate pools of rewards that are completely independent of each other.
These reward pools are completely mutually exclusive. Participants can earn from all three pools independently, and do not need to have the same wallets associated with each of the sub-programs. More information on each can be found below.
For a given node i, the score is calculated using activity starting from 11/4/23 and ending 4/25/24. The program records number of point accrued for given node i and sum for each user account a during the full rewards period from 11/4/23 to 4/25/24.
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.
<aside> 📘 : A valid Solana wallet must be associated with your user account by going to https://cloud.io.net/worker/earnings-and-rewards and clicking "Set Payout"
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<aside> 🚧 NOTE:Self service withdrawals for USDC Earnings are currently under maintenance. Please open a support ticket and our team will manually process withdrawals for you.
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<aside> 🚧 **NOTE:**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.
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Factors for Reward Calculation are as follows:
A (Ratio of Job Hours Done - RJD): Total Job Hours Completed by a given node i since 11/4/23
B (Bandwidth - BW): Multiplier based on table below, determined by GPU model