How rewards work

This section will explain how the reward system works, but to summarize, the more coverage, and the better uptime you have, the more rewards you'll earn

Summary

The broader your station's coverage, the more coverage hexes (resolution 3 in the H3 hex system) you will reach, and thus, the more rewards you can earn. If your station covers 7 hexagons, you will earn rewards from all 7 hexagons based on the amount of data you provide from those areas, compared to other stations covering the same areas. If you are the only station providing coverage for a hex, you will earn 100% of the available rewards.

Please refer to the Wingbits Litepaper for the latest and most complete official information, although the following should summarize those details as well.

Rewards Formula

This formula is applied to each rewards hex each day, for each station. If your station contributed data for 6 different hexes, this formula will be run for each to calculate your total rewards for the day.

\left(\sum_{i=1}^{n} \frac{\text{Your data points in Hex } i}{\text{Total data points in Hex } i}\right) \times \text{Base Rewards} \times \frac{\text{Uptime Level}}{100} + \text{Bonuses}

\quad \text{where } n \text{ = the total number of hexes covered.}

Data Points

Data points currently submitted to Wingbits are limited to both ground and airborne positional adsb messages.

Base Rewards

Each coverage hexagon distributes 2.4 Wings tokens proportionally between all stations covering a hexagon.

Bonuses

Performance Bonus Rewards: Each rewards hexagon contains a total daily amount of 2.4 bonus Wings. All hexagons on the map offer the same amount of rewards. The bonus rewards will be distributed proportionally to the top 5 stations for each coverage hexagon.
Early Participant Rewards(EPR): Each coverage hexagon contains a total daily amount of 24 early participant reward Wings. All hexagons on the map offer the same amount of rewards. The early participant rewards tokens will decline 20% year over year until year 16 when they disappear, leaving base and bonus rewards token for the remaining distribution time. The early participant reward tokens will be allocated evenly between base and bonus rewards, making the total maximum daily hex rewards 28.8 Wings, per hex, per day during year one.

Early Participant Rewards

The EPR will be split evenly between Base and Performance bonus rewards. However, for the Performance Bonus Rewards, the ERP will be unlocked incrementally as more stations contribute to a hex.

Base rewards: During year one, the total token allocation per hex will be 2.4 base Wings plus 12 performance bonus Wings
Performance Bonus Rewards: During year one, the total performance bonus rewards will be 2.4 $wings, plus 12 EPR Bonus performance reward Wings that unlock in 20% increments. So if your station is the sole contributor to a coverage hex during year 1, you can earn a maximum of 19.2 Wings per day (per hex):
- 2.4 Base rewards Wings
- 12 Base rewards EPR Wings
- 2.4 Bonus performance rewards Wings
- 20% of 12 EPR bonus performance Wings = 2.4 $Wings

The remaining EPR Performance Bonus Rewards Wings will be unlocked in 20% increments for each additional station contributing up to 5, then they cap out at 12 $Wings

20% (2.4 Wings) unlocked when first station contribues
40% (4.8 Wings) unlocked when second station contributes
60% (7.2 Wings) unlocked when third station contributes
80% (9.6 Wings) unlocked when fourth station contributes
100% (12 Wings) unlocked when fifth station contributes

Rewards Uptime & Coverage

The rewards model incentivizes both performance (coverage) and reliability (uptime) from the stations. If a station has an Uptime Level of 0 (i.e is not providing data for a long time) the station will lose it's location claim, and it becomes available for someone else to claim it.

The level ranges from 0 to 100. As a brand-new participant, you start at 75. For each day your station is online, we add +1 to the level, and for each day you are offline, we subtract 1 from the level. Therefore, if you have great coverage but poor uptime, you will earn much less compared to someone who has less coverage but a high uptime level.

As the uptime level is not yet live, all stations of current network participants are automatically at level 100.

Uptime level will be used in the reward formula as a percentage. (100 = 100%, 75 = 75%, and so on)

How rewards work

This section will explain how the reward system works, but to summarize, the more coverage, and the better uptime you have, the more rewards you'll earn

Summary

Please refer to the Wingbits Litepaper for the latest and most complete official information, although the following should summarize those details as well.

Rewards Formula

\left(\sum_{i=1}^{n} \frac{\text{Your data points in Hex } i}{\text{Total data points in Hex } i}\right) \times \text{Base Rewards} \times \frac{\text{Uptime Level}}{100} + \text{Bonuses}

\quad \text{where } n \text{ = the total number of hexes covered.}

Data Points

Data points currently submitted to Wingbits are limited to both ground and airborne positional adsb messages.

Base Rewards

Each coverage hexagon distributes 2.4 Wings tokens proportionally between all stations covering a hexagon.

Bonuses

Performance Bonus Rewards: Each rewards hexagon contains a total daily amount of 2.4 bonus Wings. All hexagons on the map offer the same amount of rewards. The bonus rewards will be distributed proportionally to the top 5 stations for each coverage hexagon.
Early Participant Rewards(EPR): Each coverage hexagon contains a total daily amount of 24 early participant reward Wings. All hexagons on the map offer the same amount of rewards. The early participant rewards tokens will decline 20% year over year until year 16 when they disappear, leaving base and bonus rewards token for the remaining distribution time. The early participant reward tokens will be allocated evenly between base and bonus rewards, making the total maximum daily hex rewards 28.8 Wings, per hex, per day during year one.

Early Participant Rewards

The EPR will be split evenly between Base and Performance bonus rewards. However, for the Performance Bonus Rewards, the ERP will be unlocked incrementally as more stations contribute to a hex.

Base rewards: During year one, the total token allocation per hex will be 2.4 base Wings plus 12 performance bonus Wings
Performance Bonus Rewards: During year one, the total performance bonus rewards will be 2.4 $wings, plus 12 EPR Bonus performance reward Wings that unlock in 20% increments. So if your station is the sole contributor to a coverage hex during year 1, you can earn a maximum of 19.2 Wings per day (per hex):
- 2.4 Base rewards Wings
- 12 Base rewards EPR Wings
- 2.4 Bonus performance rewards Wings
- 20% of 12 EPR bonus performance Wings = 2.4 $Wings

The remaining EPR Performance Bonus Rewards Wings will be unlocked in 20% increments for each additional station contributing up to 5, then they cap out at 12 $Wings

20% (2.4 Wings) unlocked when first station contribues
40% (4.8 Wings) unlocked when second station contributes
60% (7.2 Wings) unlocked when third station contributes
80% (9.6 Wings) unlocked when fourth station contributes
100% (12 Wings) unlocked when fifth station contributes

Rewards Uptime & Coverage

As the uptime level is not yet live, all stations of current network participants are automatically at level 100.

Uptime level will be used in the reward formula as a percentage. (100 = 100%, 75 = 75%, and so on)