About Lava Pools

Lava is a protocol that blockchains use to improve their data infrastructure. Lava can permissionlessly support any blockchain.

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Chains and rollups create an incentive pool on Lava, consisting of their native token or stablecoins or even memecoins.

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Chains and rollups write a specification ("spec", see the list of specs here) which defines infrastructure services such as Cosmos Hub testnet and Mainnet RPC.

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The incentives attract providers who join Lava to serve infrastructure for that chain. This is especially beneficial for newly launched or pre-launch chains which are not yet supported by the small handful of major providers

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Lava aggregates providers and optimally routes requests based on geolocation and provider quality of service. Users do not need to manually research and pick the best providers; Lava is highly dynamic to user needs on a request-by-request basis

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Every month, providers are paid based on the compute they provider and the quality of their service

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LAVA delegators can choose to stake to an RPC provider, helping boost them in the selection process. This improves quality of service across the network by selecting and amplifying top performing providers.

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Every month, LAVA delegators earn a % of provider rewards.

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The Cosmos Hub Testnet and Mainnet RPC specification has been added to Lava and node operators can join to get paid for serving RPC.

Onboarding Steps

RPC providers‍

1. Set up lavad and create a wallet

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2. Join our Discord channel for Cosmos Hub Lava Pool to keep up to date: https://discord.gg/bKkEtU6AMQ

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3. Finish provider set up per Lava docs: https://docs.lavanet.xyz/cosmoshub-node

4. Share a tweet about joining Lava Network as a node operator for Cosmos Hub Mainnet and submit in contribution channel on Discord

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LAVA delegators

1. Go to this open-source restaking dashboard where you can pick a provider to restake your LAVA too. This dashboard was made a community contributor, Ruslan.

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2. Alternatively, you can go to https://lavanet.xyz/stakers to see restaking dashboards from partners such as Leap & StakingRewards

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3. Restake your LAVA to an RPC provider

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4. Share a tweet about Lava's unique delegation model and how you are contributing to Lava Network

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Note:  we highly recommend joining our dedicated Discord channel to stay notified of latest updates.

FAQs

How much are payments?

• Total rewards amount to 11,680 ATOM for 6 months (worth $60K at time of receiving). 2% is committed to the community pool as per LAVA tokenomics, while 5% is committed to Validator & Validator delegator rewards. Token holders can vote on the use of the Lava community pool.

When are payments distributed?

• Rewards will be distributed on the 17th of every month.

How do I claim payments every month?

• It is automatically sent to your LAVA address on chain. ATOM was sent to Lava blockchain using IBC and the tokens are natively distributed on Lava.

Are payments in ATOM or another token?

• Payments are in ATOM tokens.

How are rewards distributed between Cosmos Hub testnet and mainnet?

• 75% to mainnet, 25% to testnet.
• This may change month to month depending on demand for RPC on Cosmos Hub testnet and mainnet.

Any more incentive pools coming up?

• Yes, more pools are planned across Starknet, Filecoin, Axelar, NEAR, Stargaze, Union and more.

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Keep up with the latest on Lava Network

Visit the website: lavanet.xyz
Create and manage RPC endpoints: sign up
Read the docs: https://bit.ly/3tLsVA0
Meet the community: discord.gg/bKkEtU6AMQ
‍Follow our Twitter: twitter.com/lavanetxyz
Read our research papers: community.lavanet.xyz‍

Chat on Telegram: https://t.me/+4FqlzOzdMTo1ZTdk

Whitepaper: lavanet.xyz/whitepaper