Storj Bridge Payout Formula

payout.MD

Payout Formula

paymentModelFunction = function(gbHours, telemReports, downloadedBytes) {
 gbHoursScaled =  (gbHours - mean(gbHours)) / sd(gbHours)
 telemReportsScaled =  (telemReports - mean(telemReports)) / sd(telemReports)
 downloadedBytesScaled = (downloadedBytes - mean(downloadedBytes)) / sd(downloadedBytes)
 
 basePayout = 10
 ghHourPayout = 12.2221 * gbHoursScaled
 telemReportsPayout = 0.1452 * telemReportsScaled
 downloadedBytesPayout = 12.6849 * downloadedBytesScaled
 
 finalPayout = ghHourPayout + telemReportsPayout + downloadedBytesPayout + basePayout
}

Payment Cut-off

farmerCutoff = function(farmerData, hoursInMonth) {
 subset(farmerData,
        GigabyteHours >= hoursInMonth | (TelemetryReportCount >= mean(TelemetryReportCount) &
        DownloadedBytes >= mean(DownloadedBytes))
 )
}

• There are no rewards for storing less than 1 GB for the month.
• However, if a user has telemetry reports, exchange reports, or downloads they may still receive a reward.
• There are no rewards if a user has not been seen in the past week.

Details

• Each component (gbHours, telemetry reports, and downloaded bytes) is scaled so that each metric ends up being a measurement of how far away you are from the mean
• Those values are multiplied by certain weights and summed to arrive at a final value

@Joshfindi Because the base payout was in SJCX (now STORJ), and has increased significantly. This is actually priced in USD for the service, so we have to adjust when there are significant changes.

The question was asked before and maybe I have missed the answer. But how do I as a "farmer" see these values : gbHours, downloadedBytes, & telemReports?

intresting. but when does storj actually payout? there is indeed need for more transparency here.

Does value of "sth"Scaled can be negative?

@cornwr1e +1

I have 20 gigabytes of storage dedicated to STORJ, but only 1Mib is used. Am I going to get the payout?

so when do we get paid, have been involved for a few months. Where's the payout spreadshee? how come payouts aren't automatically sent?

why does it take so long to get payouts?

@cryptochrism: log on to https://community.storj.io/ and you'll find the spreadsheet in the #payments channel.

that page is no longer there. where do i look now?