Feb. 5, 2020: Monthly payouts for January, update

January payouts

Monthly payouts for January have been sent. One payout per satellite to each payout address.

If you have feedback or questions about your specific payout, contact support@storj.io

As a reminder, V2 has been officially shut down as of January

Important notice for this months payout

In an effort to optimize for overall performance and scalability, we have a few limits we’ve introduced related to the database. One of these limitations has an impact on the calculation of billing for January.

While this impact is only temporary, it will impact the February payout. With the steps we took to increase the overall ability of the database to handle concurrency, we introduced a lag in payout settlements that resulted from the extended time for order limit settlement.

Essentially, the steps we took to improve scalability and to ensure that payouts were accurate and complete introduced a delay in the ability to calculate payouts in real-time. This is a temporary artifact of these improvements and we expect this lag to be resolved this month and not to reoccur in future payouts.

February is the last month we will use the manual processes before we complete the transition to the automated tools. Here’s what you can expect for the February payout:

  • For this payout, the pull for payout data will be current as of 7 days prior to when the payout process is run. The issue with the lag in payments is related to the calculation of payouts from order limits. Order limits roll up over a 7 day period as order limits expire.
  • The February payout will be offset by one week as described above
  • The offset week will be included in the next payout
  • All future payouts will run during the first week of the month as an automated process and will cover all usage for the previous month without any additional lag in calculation
  • The new tooling automatically calculates payouts as a Satellite process, and includes held amount as well as storage, customer egress, repair and audit traffic.
  • The new payout process will allow the SNO Board to query for payout information as well as held amount.

The March payout will include all of February’s activity plus the last week of January.

12 Likes

What if i have two nodes with same payout address? Should i have two payout per satellite or just one with the sum of the two nodes? Thanks

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You only get one payment per satellite even if you have more nodes if they are set to the same payment address.

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I just want to say: Thank you very much Storj Labs Team for great payments of this month!

As I wrote before:

So, I did it, because I got the reason for expanding :slight_smile:

6 Likes

I agree with @Odmin. Because of the hard testing carried out last month, the payment was great!
There will be really interesting to see how things will turn out after going into production. Even if I am more than happy right now I’m still a bit worried that there will be to much slow moving data in the network after going into production. But we will see.

5 Likes

Definitely will, I’m counting on it. I foresee at least 6 months to have nodes in Production with some decent traffic.

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Thanks for the great payout this month ! :smile:

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