Worker Reward

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Worker Reward

The Worker Reward mechanism is an integral part of the Pictor Network. It is designed to incentivize and compensate Workers for their contributions to the network’s rendering tasks. 

Reward Structure

Worker rewards are issued in the form of PICTOR tokens. Therefore, Workers are required to add a compatible crypto wallet upon registering GPU nodes to receive their rewards. The reward system is structured to ensure fair and consistent compensation for the rendering jobs completed by Workers.

  • Total Reward Allocation: 35% of Total Tokens

A total of 35% of the tokens on the Pictor Network are allocated specifically for Worker rewards. These tokens are unlocked linearly over a 48-month period. 

  • Daily Reward Calculation: X% Commission

Worker rewards are calculated as X% of the payments for the rendering jobs they complete. This commission is calculated daily and distributed accordingly.

Note: The “X%” commission on Daily Reward Calculation will be updated soon.

Reward Distribution Process

To ensure accuracy and fairness in compensation, the reward distribution process involves the following steps:

  1. Job Completion: Workers complete the rendering jobs assigned to them. The completed rendered outputs are then submitted back to the Pictor Network for verification.
  2. Creator Confirmation: The Creator reviews the rendered outputs and confirms whether the outputs meet the expected quality and accuracy requirements. In case of any inaccuracies, the Proof of User Confirmation mechanism allows the Creator to request re-rendering of specific frames.
  3. Smart Contract Activation: After the Creator confirms the correct rendering outputs, a pre-signed smart contract comes into effect. This smart contract was established during the Job assignment phase.
  4. Reward Distribution: The smart contract handles the automatic distribution of rewards, equivalent to X% of the job payments, to the Workers. This distribution is managed by the smart contract, ensuring transparency and efficiency in the reward process.

Note: The “X%” will be updated soon.

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