As you may be aware, HIP 80 and HIP 81 are currently open for a vote and will have a significant impact on the Helium network. These proposals are intended to address critical economic design implications of the DAO Utility Score initially set by HIP 51.
HIP 80 and HIP 81 will both have an impact on both IOT and MOBILE hotspot owners, and we encourage all hotspot owners to read and vote for or against these proposals. You can find the detailed proposals here:
In brief, HIP 80 sets a floor value for both IOT and MOBILE hotspots, which will increase the HNT going to MOBILE in the short term. In the long term, if data usage on MOBILE explodes, HIP 80 provides some protection to IOT hotspot owners (in the form of a "founders bonus"). HIP80 gives IOT 85% instead of 97% of HNT initially, in exchange for some protections later on.
Some argue that this floor value has a potential to rug the Helium network, by incentivizing the creation of new subDAOs solely for the purpose of receiving the floor share without providing any value. On the other hand, others argue that any potential abuse of the system can be addressed with additional HIPs if necessary.
81 does not have such a floor but will allow MOBILE hotspots to earn their share of the rewards once they start contributing to the network. The formula in HIP 81 is the same as in HIP 51, and it recognizes the $40M burn in the form of onboarding fees by IOT hotspots and places a value on that instead of the floor.
It's important to note that what each HIP means to hotspot owners may vary depending on assumptions and how usage of the networks evolves. In the short term, HIP 80 might be the most beneficial for MOBILE hotspot owners, while HIP 81 might be the most beneficial for IOT hotspot owners.
We encourage all hotspot owners to read these proposals carefully and vote for what they believe is best for the network.
The table below provides a simulation for different scenarios, with varying numbers of IoT and mobile hotspots, as well as the total amount of DC burned by them in a month in dollars. The last four columns show the share each subDAO will receive as rewards for HIP80 and HIP81.
| IOT Hotspots |
IOT DC $/mo |
MOBILE Hotspots |
MOB DC $/mo |
HIP81 | HIP80 | ||
| IOT share |
MOBILE share |
IOT share |
MOBILE share |
||||
| 400K | $2.5K | 4K | $ --- | 97% | 3% | 85% | 15% |
| 400K | $5K | 5K | $10K | 68% | 32% | 69% | 31% |
| 400K | $10K | 20K | $400K | 25% | 75% | 26% | 74% |
| 400K | $50K | 20K | $1,000K | 32% | 68% | 18% | 82% |
| 400K | $100K | 50K | $2,500K | 25% | 75% | 17% | 83% |
| 400K | $250K | 80K | $5,000K | 25% | 75% | 18% | 82% |
| 400K | $500K | 150K | $10,000K | 22% | 78% | 18% | 82% |
| 750K | $1,000K | 325K | $20,000K | 22% | 78% | 18% | 82% |
| 1,500K | $2,000K | 375K | $25,000K | 29% | 71% | 22% | 78% |
| 2,500K | $10,000K | 450K | $25,000K | 49% | 51% | 39% | 61% |
| 2,500K | $20,000K | 550K | $25,000K | 57% | 43% | 47% | 53% |
The data presented here is intended to provide an idea of potential scenarios, but actual network conditions may vary over time.