HIP 112: Scaling IOT Hotspot Assert Fees

[hiptron]

HIP 112: Scaling IOT Hotspot Assert Fees

• Author(s): Andy Zyvoloski
• Start Date: 2024-03-05
• Category: Economic, Technical
• Original HIP PR: #912
• Tracking Issue: #931
• Vote Requirements: veIOT Holders

Summary

This HIP proposes allowing one (1) free IOT assertion per rolling 365 epoch period, including the initial assertion. Any additional assertions conducted within the 365 epoch rolling period will be required to pay a $10 fee in IOT burn.

Rendered View

https://github.com/helium/HIP/blob/main/0112-scaling-iot-location-assert-fees.md

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HIP 112 was rejected by the community on 24th April 2024 with a failing rate of 57.47%
https://heliumvote.com/iot/proposals/F7PCzKZre5bKaAX3yV9f2tWrLXMtR8J4mAY3iuCg7ejS