Regarding your question, we have an integrity service that continuously monitors nodes and checks that the responses are a match for our own trusted nodes. Additionally, we also sample traffic and replay requests to verify the correctness of the results.
Thanks for sharing this proposal in a well-detailed format.
Here, you outlined that payments will be in GLMR and MOVR tokens based on USD conversion rates. How does Blast plan to manage potential fluctuations in token prices over the proposed timeline?
Following the Treasury Council resolution presented here Q2/Q3 RPC Service Provider Treasury Proposals - #37 by mtca , we wanted to know whether we need to create two new separate proposals for Q3 and Q4 or can we keep this one with the revised funding request for Q3 and Q4 from $7000/month to $4500/month, since it has already been created and received feedback.
Please let us know how you prefer us to proceed!
Hey @jose.crypto , I tried to update but it seems that I do not have the necessary rights to do so. Please help with the necessary rights to update or consider this comment as an update with the information shared below.
The only section that needs to be edited is Overall Cost and it should be updated as follows:
Overall Cost - The total cost, including three regions’ support for Moonbeam, Moonriver plus Moonbase alpha (EU, US, and APAC), is $4500 per month, meaning $27000 for Q3 & Q4 2023 payable 80% in Moonbeam Network (GLMR) and 20% in Moonriver (MOVR), tokens that are calculated at an average USD price over the last 30 days. The costs for Q3 & Q4 of 2023 (from July 1 to December 31, 2023) are 112,530.1346 GLMR and 1,348.0167 MOVR.
Hey - would be great if BwareLabs could put together a forum post in the development area covering “Getting onboarded with Bware/Blast” to help teams who may be transitioning from another RPC provider or who are new to the ecosystem.
The newly appointed Treasury Council welcomes the continued collaboration for 2024 and would like to provide a quick update on the current state of treasury funding moving forward.
As RPC funding has been transitioned to a pre-paid model on a quarterly basis as outlined in this post, the Treasury Council is asking the selected super duo of RPC service providers seeking treasury funding to submit their proposals for Q1 2024 in a timely manner, ideally by January 15th.
Same as in Q3’23, please use the 30D TWAP for both GLMR and MOVR to USD conversion.
While the Council expects the RPC services provided and outlined in-depth in the initial post of this thread to remain unchanged for Q1 2024, they would kindly ask to provide detailed usage metrics for the last quarter of 2023.
Compared to the beginning of the preceding quarter, the MOVR token has significantly appreciated in value on an absolute as well as on a relative basis with the GLMR token. To reflect this in it’s spending, the Treasury Council would like to update the 80/20 rule towards a 60/40 rule in terms of GLMR/MOVR split ratio per USD requested.