Introduction Node Provider Shoutouts June in numbers 🧮Get paid through other Incentivized Public RPC Keep up with Lava updates

Share this post

Return to Blog

Incentivized Public RPC - June Update

Incentive Pools

Ethan

Jun 13, 2024

Introduction

Lava is the first modular data network that scales RPC & APIs for rollups. Add any chain's RPC module to Lava - the network of node operators will optimize, scale and decentralize the traffic.

While contributing to a more performant and chain-agnostic infrastructure layer for web3, Incentivized Public RPC also gives anyone an opportunity to monetize their nodes.
‍

This is a summary of June activity for Incentivized Public RPC. You can read previous summaries below:
‍

Shoutouts 🙌

Top performing providers:

Evmos:

🥇BabyScope
🥈Stake Village‍
🥉crypto.worm

Axelar:
🥇crypto.worm
‍🥈Stake Village
🥉dig

NEAR:
🥇Stake Village
🥈BabyScope
🥉crypto.worm

‍
These providers excelled by servicing many requests for users, while maintaining low latency, high uptime and sync 💪

June in numbers 🧮

This month, a small number of providers were participating with a higher stake than the allowed limit. As a penalty, 0-25% were deducted from their CU calculation, according to their overstaking rate.

In addition, Lava Foundation and Evmos agreed to reward the top 20 Evmos providers with a base payment of 40% of the monthly rewards pool, in order to maintain balanced payment distribution, and to reward high performing providers.

Evmos

Total relays: 158M relays
Total CUs: 38B compute units
Total rewards distributed: 149,066 EVMOS
Number of providers: 68
Highest payment: 51,000 EVMOS
Average payment: 2,192 EVMOS

Axelar

Total relays: 879M relays
Total CUs: 8.5B compute units
Number of providers: 87
Highest payment: 661 AXL
Average payment: 97 AXL
Total distributed: 8,520 AXL

NEAR

Total relays: 6.1B relays
Total CUs: 104B compute units
Number of providers: 63
Highest payment: 310 NEAR
Average payment: 47 NEAR
Total distributed: 3000 NEAR

Get paid through other Incentivized Public RPC

Lava works with blockchains and rollups to make their public RPC unified, faster, more resilient.

Get paid to run Evmos nodes: https://www.lavanet.xyz/blog/providers-guide-to-evmos-iprpc‍
Get paid to run Axelar nodes: https://www.lavanet.xyz/blog/providers-guide-to-axelar-iprpc\
Get paid to run NEAR nodes: https://www.lavanet.xyz/blog/lava-will-partner-with-near-foundation-on-incentivized-public-rpc
Run nodes on Lava testnet for 30+ other chains: docs.lavanet.xyz/chains

Learn more about Incentivized Public RPC in our introduction article.