Closed arjunhassard closed 1 week ago
Adjustable parameters are denoted by x
and will vary on a per-adopter and per-partner basis.
Node rental ('base fee')
$x
/ node / day
Base fee increases by 5% per year
Encryptor credit ('user fee')
$x
per encryptor credit per year.
Note that encrypting privileges can be added and removed from addresses at will, without charge, provided the sponsor has pre-paid for sufficient credits and there are slots available.
There is no charge, payment gate or limit on:
If either fee is not paid by the renewal date, the following will occur:
Adjustable parameters are denoted by
x
and will vary on a per-adopter and per-partner basis.Node rental ('base fee') $
x
/ node / day Base fee increases by 5% per yearEncryptor credit ('user fee') $
x
per encryptor credit per year. Note that encrypting privileges can be added and removed from addresses at will, without charge, provided the sponsor has pre-paid for sufficient credits and there are slots available.There is no charge, payment gate or limit on:
Payment rules
x
months ('one cycle').x
, but this may increase in the future for certain long-term use cases (may require a non-upgradeable contract or failsafes added to the DAO).Grace periods – see https://github.com/nucypher/nucypher-contracts/issues/262
Summary: If fees are not paid ahead of renewal, the service will enter into the first of two grace periods (each 3 months). In the first grace period, existing end-users will not be affected, but it will not be possible to add new users. In the second grace period, nothing will work for end-users, but the ritual remains recoverable if the sponsor (or another sponsor) steps in and pays the fees. If the second grace period lapses with no payment, the cohort will irreversibly disband and data will not be retrievable.
If either fee is not paid by the renewal date, the following will occur: