📢 Update: Retroactive Rewards Drop Complete!

👋 gm Resource Providers! 🐸

We’re happy to announce that the latest retroactive Lilybit rewards drop has been completed!

This rewards drop includes online nodes operating between November 1st and December 16th, 2024, providing rewards for all eligible RPs who experienced missing rewards due to no fault of their own.

In order to fairly reward RPs over this time period, a set rewards structure was used for all GPUs. We based this calculation off the phase 12 earnings of a RTX 4090 GPU at 2500 Lilybits per day (for 24 hours of uptime). This calculation will also help to normalize the large amount of rewards earned by some of the larger GPUs before the 20,000 Lilybit daily cap was implemented:

- 8-23 PoW submissions/day: 1000 Lilybits
- 24-35 PoW submissions/day: 1750 Lilybits
- 36+ PoW submissions/day: 2500 Lilybits

Uptime of each node during this period has been reviewed, and rewards have been distributed accordingly. Please note that this procedure did not rely on specific GPU card info.

If you have any questions or concerns, feel free to open a ticket in the i-need-help channel.

The Lilypad Network has grown immensely in 2024!. Thank you to the community for your patience and continued dedication throughout this process! 🚀