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Distribution

caution

Please note that Sourceful is still in Beta and pre-token launch.

Beta Phase Rewards​

In a gesture of appreciation and recognition for the active beta testers and early adopters, who have actively engaged in the earliest stages of the project, Sourceful has implemented a beta rewards program.

Daily Rewards​

Daily rewards are planned to start 10th January 2025

During this phase, the daily rewards pool is 20 million Beta Points / 30. This means the amount of Beta Points payed per 30 days remain the same.

Beta testers will share this pool and be rewarded based on having DERs online during the day and the Gateway Types and Point Multipliers:

DER Types and Point Multipliers​

We have three different types of distributed energy resources (DERs), each with its own point multiplier:

1. Validated DER (2x multiplier)​

  • These are DERs with verified links (e.g. SolarEdge inverter validated with SolarEdge API)

2. Hardware DER (1x multiplier)​

  • These are standard hardware gateways (e.g inverter, p1 meter)

3. API DER (0.15x multiplier)​

  • These are SolarEdge API connections

How Daily Rewards Are Calculated​

  • We track each DER's activity during the day.
  • A minimum of 25 valid datapoints need to be sent to be eligible for the daily rewards
  • We add the DER scores based on tje type multiplier
  • We add up all points from all DERs to get the total points for the day
  • Each DERs share of the daily BP allocation is calculated as:
    • (DER's Points ÷ Total Points) × 20,000,000 BP / 30

Note that if a gateway has several DERs connected it is rewarded for each DER

Monthly beta rewards​

The last payout of monthly beta rewards is 8th January 2025

During this phase, the pool of beta tokens is currently set at 20 million Beta Points (BP).

Beta testers will share this pool and be rewarded based on their DER uptime for the previous month. Each beta tester's share of the beta reward pool will be proportional to their individual uptime relative to the total uptime of all beta testers.

How Monthly Rewards Are Calculated​

The process works in three main steps:

Step 1: Tracking Activity​

  • We track each gateway's activity daily
  • A gateway can earn points for up to 15 days of activity
  • Each day of activity counts as one base point

Step 2: Calculating Points​

  • We take the number of active days for each gateway
  • We multiply the days by the gateway's type multiplier
  • For example:
    • A Validated gateway active for 10 days: 10 days × 2.0 = 20 points
    • A Hardware gateway active for 10 days: 10 days × 1.0 = 10 points
    • An API gateway active for 10 days: 10 days × 0.15 = 1.5 points

Step 3: Distributing Rewards​

  • We add up all points from all gateways to get the total points
  • Each gateway's share of the 20 million BP is calculated as:
    • (Gateway's Points ÷ Total Points) × 20,000,000 BP

Example​

Let's say we have three gateways that were active for 10 days each:

  1. Validated Gateway: 20 points
  2. Hardware Gateway: 10 points
  3. API Gateway: 1.5 points

Total Points: 31.5 points

Their rewards would be:

  • Validated Gateway: (20 ÷ 31.5) × 10,000,000 = 6,349,206 BP
  • Hardware Gateway: (10 ÷ 31.5) × 10,000,000 = 3,174,603 BP
  • API Gateway: (1.5 ÷ 31.5) × 10,000,000 = 476,191 BP

Important Notes​

  • Gateways in test mode are not eligible for rewards
  • SolarEdge API gateways must have a valid H3 index to be eligible
  • The maximum number of days that count toward rewards is 15
  • All rewards are calculated based on the total pool of eligible gateways during the distribution period

Distribution schedule​

Tokens will be distributed on a set date every month during the beta phase (2024).

MonthDateCompletedAmount
January12th✅4 000 000
February11th✅2 000 000
March12th✅3 000 000
April11th✅10 500 000
May12th✅14 000 000
June10th✅15 000 000
July11th✅17 500 000
August10th✅10 000 000
September10th✅10 000 000
October9th✅10 000 000
November8th✅10 000 000
December8th✅20 000 000

Principles after Beta Phase​

Initially, the token allocation will incentivize the setup of energy gateways and the connection of distributed energy resources (DERs). This approach aims to quickly expand our network's infrastructure, creating a robust foundation for the world's largest decentralized virtual power plant.

As our network grows, the token distribution will gradually shift towards rewarding the efficient control and utilization of these resources. This transition is designed to enhance the overall effectiveness of the DER network, encouraging participants to not just deploy resources, but to actively start participating in various energy services depending on current customer demand.

Deep dive

Read more about the token in our Whitepaper.