🫡 Testnet Incentive Program Pilot Report
Introduction Since November 2023, Hypha has been administering the Testnet Incentive Program – a pilot program to reward validator participation on the Hub’s ICS testnets and ease the economics of Replicated Security on the Hub’s active set. This pilot program ran from November 2023 - April 2024 and was funded by the Atom Accelerator DAO. We’ve now reached the end of the pilot program and have had the funding renewed for another ~6 months with some modifications to incentive criteria and expectations for validators based on how Interchain Security is changing. Pilot program transparency AADAO’s initial funding was made in ATOM, but TIP was always denominated in USD ($100 - $500 USD for each period). Periods generally lasted 5 weeks and contained 3 - 4 testnet events and at least one mainnet event (not tracked as part of TIP, but we don’t overlap testnet and mainnet operations). Period | Events | Total validators | Validators paid | Qualifying validators | Funds disbursed | 1 (Nov 22 - Dec 20) | 2 | 44 | 19 | 43% | 8000 | 2 (Dec 21 - Jan 24) | 4 | 51 | 16 | 31% | 7600 | 3 (Jan 29 - Feb 28) | 3 | 48 | 20 |…
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