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  • Introduction
  • Understanding How Storage Nodes are Paid on the SILO Network
  • Paid Resources
  • Exclusions
  • Current SILO Node Payout Rates

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  1. Node
  2. Overview

Payout

SILO Node Payout

Introduction

Storage Node Operators are compensated for the resources used by SILO Orbitals for their nodes every month. Our payout policy and details can be found in the SILO Node Operator Terms and Conditions. In the event of a conflict between this documentation and the Node Operator Terms & Conditions, the Node Operator Terms & Conditions shall govern.


Understanding How Storage Nodes are Paid on the SILO Network

This document explains how Storage Node Operators are compensated for storing data and providing bandwidth. Node Operators are paid for the actual resources used by SILO-operated Orbitals. Any Orbitals operated by third parties not associated with SILO may have different terms, rates, and payment methodologies.


Paid Resources

SILO Nodes share unused hard drive capacity and bandwidth with the SILO network and are compensated for the following:

  1. Storage of Storage Materials on Space: Compensation for the storage space used by Orbitals and users. This is calculated in GB-hours per month and paid monthly at the rates listed below.

  2. Egress related to Nexus Clients: Compensation for bandwidth used when users retrieve data from the network through registered Nexus applications. This is calculated in GB of bandwidth utilized and paid monthly at the specified rates.

  3. Egress related to file repair: Compensation for bandwidth used when SILO Orbitals retrieve data from Storage Nodes for the purpose of file repair. This is calculated in GB of bandwidth utilized and paid monthly at the specified rates.

  4. Audit Bandwidth: Compensation for bandwidth used when SILO Orbitals retrieve data to perform audits. This is calculated in GB and paid monthly at the specified rates.


Exclusions

Storage Node Fees will not be paid for the following types of resource usage:

  • Storage of Garbage Data: Data on a Storage Node that was not removed after deletion by a Nexus client. Such data will be removed by the SILO garbage collector function.

  • Other Resources: SILO will not compensate for any other resources not explicitly identified above.


Current SILO Node Payout Rates

Payment Category

Rates (as of Jan 1st, 2025)

Storage (per TB per Month)

$2.03

Egress (per TB)

$2.70

Audit/Repair (per TB)

$2.70


Important Note

All payouts are made in SILO tokens. For example, if your payout totals $100, you will receive $100 worth of SILO tokens. The SILO token's value will be calculated based on its current price as listed on CoinGecko or a recognized CEX exchange at the time of the payout.


For detailed information on how data storage and bandwidth are measured, refer to SILO Pricing Documentation.

PreviousStep-by-Step Instructions to Install Silo Node Using Docker

Last updated 5 months ago

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