Utilization-gated supply incentives: 50% used releases rewards to double capacity
Leveraging Incentives to Build with Your Community | Open AGI Summit | Brussels 2024 (Open AGI)
“If you want to incentivize a certain chipset — A100 for example — the way it works in Akash is every time you reach 50% utilization for a certain chipset, the incentives to double the capacity are released… so that way you have a significantly better and more disciplined distribution curve instead of just a broad ‘incentivize everything’ and get thousands of GPUs that no one really uses.” — 00:08:06
Context: Lesson four (go narrow, not broad); an implicit critique of over-incentivized DePIN supply gluts. He promises a report on on-chain incentive lessons “in a year’s time.”