Dear Community,
This is Katie Peters again from DFINITY. As you know, I have been primarily responsible for Gen-1 NP rewards since Genesis.
When the Gen-1 NPs purchased their servers prior to Genesis, the reward agreements were set in place for 48 months. The earliest of these final dates are still almost a year away, but we wish establish future rewards as soon as possible.
The long term objective is to have remuneration “based on useful work” for all node machines, which means node rewards are paid out based on the actual contribution to the IC, e.g. the number of blocks created, the size of the blocks created, how many times the node machine has been a block master, in which subnet the node machine is running, etc; regardless of the type of node machine and when the node machine was bought. Since implementing this new approach to remuneration requires extensive discussion within the community as well as time to design and develop, an interim approach is required for the remuneration of Gen-1 node machines for which the node provider agreements will expire.
We have created a wiki page outlining an interim remuneration proposal: rewards for Gen-1 node machines after 48 months.
https://wiki.internetcomputer.org/wiki/Proposed_Gen-1_Remuneration_Model
The proposals will be linked as soon as they are created. We are asking the IC community to review the wiki page, review these NNS proposals, ask questions, and vote ACCEPT or REJECT.