October 8, 2021: Payouts for the month of September complete, PLUS, plan for SNO Payments rules

We spent time to implement an universal support of wallet features. Now we are able to split payouts by wallet features and send them separatelly.
We did not spent time to implement integration of ERC20 tokens to zkSync, this was done by Matter Labs.

So, if your favorite method can accept ERC20 tokens and can distribute them with low fee to the participants, it can be added as a supported feature.

There are two supported wallet features at the moment:

  • Ethereum (L1) (default), you will pay fee in ETH to send tokens from L1 address to another L1 address;
  • zkSync (L2), you will pay almost the same fee as in L1 but in STORJ tokens to withdraw tokens from L2 to L1 address.

zkSync allows you to receive payout every month, when the L1 will allow you to receive payout only when it will be in 4 times greater than fee to transfer it.
The zkSync allows you to decide when you want to withdraw your tokens, not wait for payout until you would have enough balance as in L1.
In both methods you will pay fee. I do not see how it’s broken.

The payout terms are defined in the Node Operator Terms & Conditions and have not changed - payout is calculated in USD and sent to SNO in STORJ tokens at exchange rate on date of sending.

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