Worker Reward
What Workers gain by contributing their idle GPUs to Pictor network and handle computing tasks
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 computing tasks.
Reward Structure
Worker rewards are issued in the form of $PICTOR (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 computing jobs completed by Workers.
Total Reward Allocation: X% of Total Tokens
A total of X% of the tokens on the Pictor Network are allocated specifically for Worker rewards. These tokens are unlocked linearly over an X-month period.
Daily Reward Calculation: X% Commission
Worker rewards are calculated as X% of the payments for the rendering/upscaling jobs they complete. This commission is calculated daily and distributed accordingly.
The "X" value will be updated soon, stay tuned!
Reward Distribution Process
To ensure accuracy and fairness in compensation, the reward distribution process involves the following steps:
Job Completion: Workers complete the computing jobs assigned to them. The completed outputs are then submitted back to the Pictor Network for verification.
Creator Confirmation: The Creator reviews the 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/re-upscaling of specific jobs.
Smart Contract Activation: After the Creator confirms the correct outputs, a pre-signed smart contract comes into effect. This smart contract was established during the Job assignment phase.
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.
The "X" value will be updated soon, stay tuned!
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