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HIP 136: Eliminate IOT Rewards for Redundant Coverage #1108

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abhay opened this issue Oct 16, 2024 · 0 comments
Open

HIP 136: Eliminate IOT Rewards for Redundant Coverage #1108

abhay opened this issue Oct 16, 2024 · 0 comments
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discussion economic Economic HIP IOT technical Technical HIPs

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@abhay
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abhay commented Oct 16, 2024 •
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HIP 136: Eliminate IOT Rewards for Redundant Coverage

  • Authors: @No One At All & @waveform
  • Start Date: 2024-10-16
  • Category: Economic, Technical
  • Original HIP PR: #1084
  • Tracking Issue: #1108
  • Vote Requirements: veIOT Holders

Summary

Currently, Hotspots receive rewards for providing Redundant Coverage where other Hotspots are also rewarded for covering the same are. This proposal intends to only reward the First to Witness in areas with Redundant Coverage when there are greater than Maximum Witnesses to a beacon.

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https://github.com/helium/HIP/blob/main/0136-eliminate-iot-rewards-for-redundant-coverage.md
@waveform06 waveform06 added discussion technical Technical HIPs economic Economic HIP IOT labels Oct 16, 2024
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@abhay @waveform06