HyperNodes
Last updated
Last updated
HyperNodes are integral to the functioning of the Impossible Cloud Network (ICN). Their primary responsibility is to monitor the performance of Hardware Providers (HPs) and ensure they meet the requirements set out in the Service Level Agreements (SLAs). By doing so, HyperNodes maintain the network’s integrity and reliability, ensuring that HPs deliver the services they promise.
HyperNodes are incentivized through a system of ICNT token rewards, distributed over time to encourage consistent performance. However, there are also penalties for non-compliance to maintain accountability, which involve shortening the duration of the node's associated ICN Links. This structure creates a balance between incentives and responsibilities for HyperNodes.
HyperNodes in the Impossible Cloud Network (ICN) are tasked with ensuring that Hardware Providers (HPs) meet the required Service Level Agreements (SLAs). This monitoring function is essential to the smooth operation of the network, ensuring that HPs maintain high performance standards.
HyperNodes must monitor HPs to ensure they meet the SLAs, which include requirements such as:
Uptime: Ensuring that HPs remain operational and meet the network's uptime requirements.
Performance: Checking that HPs are delivering services as promised, without degradation in quality or speed.
If an HP fails to meet the SLA requirements, HyperNodes are responsible for reporting these violations to the network. These reports are crucial for:
Determining whether HPs should receive rewards or face penalties.
Ensuring that HPs are held accountable for their performance and maintain their commitment to the network.
HyperNodes play a vital role in maintaining the reliability and trustworthiness of the ICN, as accurate and timely reporting ensures that HPs meet the expectations set by the network.
HyperNodes are compensated for their monitoring role through ICNT token rewards distributed from the Node Sale token pool. These rewards are front-loaded, providing strong incentives for initial participation and ensuring that obligations are met effectively from the start.
Monthly Reward Schedule: Rewards are distributed over a 48-month period in a front-loaded manner, with ICN Link holders assocated with a HyperNode receiving a higher percentage of their total reward earlier in the cycle. The distribution percentages are as follows:
Month 1: 18.4%
Months 2-3: 3.40% each
Months 4-6: 3.19% each
Months 7-9: 2.98% each
Months 10-12: 2.76% each
Months 13-15: 2.55% each
Months 16-18: 2.34% each
Months 19-21: 2.13% each
Months 22-24: 1.91% each
Month 25: 1.70%
Months 26-28: 1.49% each
Months 29-31: 1.28% each
Months 32-34: 1.06% each
Months 35-36: 0.85% each
Months 37-42: 0.64% each
Months 43-48: 0.43% each
Performance-Linked Rewards: Rewards are contingent on the HyperNode fulfilling its monitoring obligations. Non-compliance may result in reduced rewards or a shorter validity period for their ICN Link duration.
To ensure the network's integrity, HyperNodes face penalties if they fail to meet their responsibilities or engage in malicious activities, such as providing false reports or collusion.
Missed Reports: Failing to submit or submitting incomplete reports can result in penalties.
Passport Duration Reduction: The validity period of the ICN Links associated to a given HyperNode is reduced as a penalty for non-compliance. This results in a shorter reward period for the ICN Link.
Loss of Rewards: HyperNodes may lose part or all of their associated Link rewards for any period in which they fail to meet performance expectations.
False Reporting: Severe penalties will be applied for false reporting, including significant reductions in the validity of the associated ICN Links and possible suspension.
Collusion: Engaging in collusion to manipulate monitoring outcomes can lead to the loss of rewards and a significant reduction in the passport validity period, alongside potential network suspension.
