Genesis Airdrop

GP Spot

GP Spotters can connect their own devices to the GPGPU and receive $GP rewards. As key contributors providing GPU resources, GP Spotters must be adequately rewarded. Rewards are categorized into two types.

• Idle: The device is connected to the GPGPU system but has not yet been employed, waiting in queue for deployment. GP Spotters receive $GP rewards proportional to the connection duration compared to the employment condition. This system allows for the advance reservation of GPU resources, offering rewards based on connection time regardless of employment status. Through economies of scale, this approach can make the protocol more attractive to clients worldwide.

• Employed: The device is actively employed by a client. GPU devices are in use, and each device receives hourly rewards tailored to its usage. Rewards are given in USDT + $GP, and the ratio can be adjusted as desired by the GP Spotter.

"GP Spot reward = (device market price * average return period of investment) * employment time * connection condition"

Node

Node operators manage GP Spot and can earn $GP as rewards. A certain amount of $GP is required to operate a Node, which can be adequately covered by the Genesis airdrop. To earn more rewards, operators can increase the staking amount to increase the reward rate. Nodes must operate continuously for 24 hours and are rewarded differentially based on their verification participation.

'Node reward = (Base reward amount * Verification participation rate) * Staking tier'

Genesis Airdrop

The Genesis airdrop occurs separately for Nodes and GP Spots, each taking place over different periods. The Node Genesis airdrop happens first, and the $GP obtained through the Genesis airdrop can be immediately traded on the market or staked. Typically, an equal amount of airdrop is provided per Node.

The GP Spot Genesis airdrop is conducted over a specific period and is targeted at participants who have provided GPU resources. The airdrop amount is proportional to factors such as the type of GPU device, connection (waiting) time, and employment time.

Earnings

GP Spotters can provide their devices and receive rewards when clients utilize them. Simply put, the reward criteria are influenced by the market price of the device. The reward is calculated based on the maximum and minimum range of the device's payback period relative to its investment cost, and is adjusted according to the employment time.

The payback period relative to the investment cost of the device ranges from a minimum of 6 months to a maximum of 24 months, but this can increase or decrease depending on the market conditions of the device. Additionally, it can be readjusted based on the demand for the device in the cloud GPU market.

If the connection of the GP Spot is unstable or is terminated during employment due to overload, etc., the usage reward may be reduced. Reduction can mean partial or complete reduction, so attention should be paid to device connections and reaching overload conditions to avoid penalties.