📢 Update: Resource Provider Beta program details

👋 gm Resource Providers! 👋

Thank you for supporting the Lilypad Testnet and providing feedback while the network scales. Work to grow Testnet is yielding exciting results! Job reliability continues to increase while the community creates new modules to run on the network https://github.com/Lilypad-Tech/awesome-Lilypad.

For the next phase of Resource Provider incentives, we are launching the RP beta program! Anyone can submit a RP(s) to join the beta. Our team will be prioritizing instances with greater resources and RPs willing to actively help troubleshoot issues.

RPs selected for the beta will get a Discord role unlocking access to a channel for beta communications. Only RPs that have been accepted into the beta can post resource offers to the Lilypad solver to run jobs. Submissions are under review, we’ll be reaching out to RPs next week! Apply → https://forms.gle/nS9Ksvsh2DpVSs1RA.

Resource Providers (RPs) participating in the beta will earn Lilybit reward amounts comparable to those earned on Testnet, but for running jobs and providing feedback. Bonuses will be available for running large amounts of jobs and long term uptime. The new Testnet Lilybit rewards system intends to as closely as possible replicate RP revenue on Mainnet.

RPs with greater hardware resources may earn higher rewards due to their capacity to process more resource-intensive modules. It's important to note that during the beta program RPs will not face slashing penalties, regardless of whether they are accepted into or participate in the beta. RPs in the beta program that cannot consistently run jobs will be removed. Stay tuned for more details!

RP points can be tracked here https://rp-points.lilypad.tech/. Due to many system changes, the RP leaderboard at info.lilypad.tech is still down for maintenance. Our team will be sure to provide data for RPs to know the total Lilybits that have been earned.