Abstract - Ongoing costs for supporting Moonbeam, Moonriver, and Moonbase alpha networks in BlastAPI (https://blastapi.io). These costs are ongoing for as long as the Moonbeam, Moonriver, Moonbase alpha ecosystems need this service and are requested on a quarterly basis. The costs requested are for Q4 2024 & Q1 2025 (from October 1, 2024 to March 31, 2025).
Motivation - Easy, fast, and reliable access to high-performance HTTP and WSS APIs for all Moonbeam, Moonriver, and Moonbase alpha networks through https://blastapi.io in just a few clicks. Moonbeam, Moonriver, and Moonbase alpha builders can focus on developing their applications without worrying about running and maintaining infrastructure.
Project Overview and Team Experience - Blast is Bware Labs’ API provider platform that aims to solve Web 3 infrastructure issues related to reliability and latency, by employing geographically distributed third-party nodes.
Blast offers a multi-region architecture that, along with a series of clustering and geo-location mechanisms, ensures optimal routing of user requests to the closest point of presence relative to where a call is generated.
The development and maintenance of the Blast platform are provided by a highly technical team of engineers with proven experience in both Web3 and Web2 projects.
Rationale - We support Moonbeam, Moonriver, and Moonbase alpha networks in Blast API platform (https://blastapi.io ) so blockchain developers that are building their dApp on can bypass all the hurdles involved in running their own infrastructure thus reducing both their outage risks and infrastructure costs.
Overall Cost - With an average of 5 billion requests per month over the last three months on Moonbeam, Moonriver, and Moonbase Alpha, the total monthly cost amounts to $12,500, based on an average market rate of $2.50 per million requests.
Given our strong relationship with the Moonbeam ecosystem and our belief in the future of Moonbeam networks, we will reduce the funds requested from $12500 per month to $4500 per month, meaning $27000 for Q4 2024 & Q1 2025 payable 60% in Moonbeam Network (GLMR) and 40% in Moonriver (MOVR), tokens that are calculated at an average USD price over the last 30 days. The costs for Q4 2024 & Q1 2025 (from October 1, 2024 to March 31, 2025) are 96998.65 GLMR and 1223.11 MOVR.
Use of Treasury Funds - The funds will be used to pay for the infrastructure and maintenance of the Moonbeam, Moonriver, and Moonbase alpha nodes from October 1, 2024 to March 31, 2025.
These funds will be directed to cover the costs from the infrastructure providers that are used for the Blast backend like Amazon Web Services, Google Cloud, Hetzner, OVH, Servers.com and Digital Ocean and our internal resource cost for the support provided by our engineering team to have high quality infrastructure services for Moonbeam, Moonriver, and Moonbase alpha networks.
Specifications - On our decentralized, multichain, subscription-based, API platform, Blast we support Moonbeam, Moonriver, and Moonbase alpha networks with the following services and specifications:
- Expose RPC and Websockets APIs for Moonbeam, Moonriver, and Moonbase alpha;
- The Service availability is at least 99.9%;
- 24/7 Monitoring and alerting for reduced downtime.
- 24/7 On-call engineering support.
- Developer support on Bware Labs Discord Channels.
- The incoming traffic is Geo-load balanced over three regions: North America, Europe, and the Asia Pacific, with automated traffic routing for optimal response times.
- The Clients that use the Public API free version of Blast are limited to 100 API Calls/second.
- 12 Million API calls/month with a throughput of 40 API calls/second offered for free to Moonbeam, Moonriver, and Moonbase alpha users on each dedicated Blast account
- Total traffic supported on all subscription plans and Public API: 3700 calls/second per region per network.
- Multi-region node hosting: Moonbeam (EU, US, and APAC), Moonriver (EU, US and APAC), Moonbase alpha (EU, US and APAC)
- Support for eth_getLogs RPC method on Free plans for developers
- Security ensured through continuous integrity monitoring coupled with a smart routing mechanism significantly reduce the risk of malicious behavior from bad actors within the ecosystem
Public APIs:
https://moonbeam.public.blastapi.io
wss://moonbeam.public.blastapi.io
https://moonriver.public.blastapi.io
wss://moonriver.public.blastapi.io
https://moonbase-alpha.public.blastapi.io
wss://moonbase-alpha.public.blastapi.io
Dedicated APIs:
https://blastapi.io
Blast API Usage Report for the last 3 months (June-August 2024):
Steps to Implement:
We’ve been supporting Moonbase alpha and Moonriver networks since June 2021 and Moonbeam network since January 2022. We will continue our support as long as the Moonbeam, Moonriver, Moonbase alpha ecosystems need this service.