VenusOfficial / Pathway-VFDA

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Pathway-VFDA

Contact: venus@ipfsforce.com or @Joss-Venus on Filecoin Slack.

The details of this Allocator pathway were initially described in an application to the Fil+ Governance Team in December 2023: LINK.

Below is an summary of the key client requirements and processes that the Venus team will follow to oversee proper due diligence while insuring compliance to Fil+ guidelines for DataCap allocations.

Background

What is Filecoin Plus?

Filecoin Plus aims to maximize the amount of useful storage on Filecoin by adding a layer of social trust to the Network. Clients can apply to Notaries to receive DataCap, which can be used to incentivize Storage Providers (SPs) to take storage deals. SPs who take deals that are compensated with DataCap receive a 10x to their quality adjusted power - increasing their probability of winning block rewards. Filecoin Plus puts power in the hands of Clients and incentivizes SPs to support real use case on the Network. For more detailed descriptions, please refer to here.

What is an Allocator?

As of March 2024, there are a total of 4 Pathways for Client to obtain Datacap, which are:

  1. Datacap faucet (32 GiB/time/day)
  2. Ordinary dataset application (0-500 TiB/time)
  3. Large dataset application (>500 TiB/time)
  4. Fil-E dataset application (private data)

Now the community has stopped further maintenance of 2), 3), and 4), and has been replaced by a new channel called Allocator. The Allocator channel has several Pathways, each defined by an organization or individual for rules and maintenance, and all allocator information can be viewed here.

What is VFDA?

VFDA is a pathway maintained by Venus team as an Allocator, and clients can apply for Datacaps through VFDA. image

Using DataCap

How to Get DataCap

Client can get the DataCaps of VDFA on the Registry, and they need to initialize their on chain address by sending a small amount of FIL to their address.

Current Scope:

Any client looking to onboard a Public/Private Dataset to Filecoin can apply to this allocator pathway.

Minimum client requirements:

Once an application is submitted, diligence to be completed on clients includes:

New User Check
Client ID Check (KYC)
Storage Provider (SP) Usage Check
Allocation Tranche Schedule to clients:

The allocation schedule for trusted users is:

After successful on-boarding of a dataset as a trusted GitHub ID, users then become eligible to apply for 5PiB+ as needed to meet their demand.

Subsequent allocation schedule:

Compliance check mechanisms for the client applications:

Disputes/Appeals: