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

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Incentivized Public RPC - March Update

Incentive Pools

Ethan

Apr 8, 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.
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This is a summary of March activity for Incentivized Public RPC. You can read previous summaries below:
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Shoutouts 🙌

Top performing providers:

Evmos:

🥇kokos
🥈Stake Village‍
🥉Monika‍‍

Axelar:
🥇Data Nexus
🥈Stake Village
🥉Albinos

NEAR:
🥇SGTstake
🥈dig
🥉CryptoSJnet

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

March in numbers 🧮

Over the last few months we have been sharing usage data that does not include queries served by Lava's caching mechanism. This means that in practice, the usage on all ipRPC endpoints has been significantly higher than presented, sometimes x2 or x3.

This month we also introduced a major caching upgrade, enabling it to support a high hit rate of 60-70%. This data is still not fully presented in the current report, as we're in the process of creating new & complete analytics.

Evmos

Total relays: 1.1B relays
Total CUs: 17.4B compute units
Number of providers: 63
Highest payment: 3179 EVMOS
Average payment: 677 EVMOS

The data that

Axelar

Total relays: 4.85B relays
Total CUs: 10.85B compute units
Number of providers: 74
Highest payment: 333 $AXL
Average payment: 70 $AXL
Total distributed: 5200 $AXL

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NEAR

Total relays: 4.4B relays
Total CUs: 33.9B compute units
Number of providers: 56
Highest payment: 227 $NEAR
Average payment: 53.5 $NEAR
Total distributed: 3000 $NEAR

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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.