Tipping
Reward reporters for providing the data you need.
Last updated
Reward reporters for providing the data you need.
Last updated
Tipping is a core component of Fetch Oracle’s user-incentive structure. It's a great way to introduce accurate real-world data to your project or smart contract without having to find a way to source the information yourself.
Ready to learn more about tipping? Watch this short animated explainer!
Using the "Fund a Feed" feature, data seekers can offer tips as a way to incentivize users to provide live up-to-date data feeds.
Use the Fetch Dashboard to fund a feed and/or claim tips.
Fund a Feed works well for anyone who needs access to the price of an asset in a decentralized environment, but does not wish to go through the process of setting up a reporter of their own.
This gives users extra incentive to report timely and accurate information, as reporters have the opportunity to earn tips through this process.
As a reporter, you’ll be paid out the full amount if you're the first reporting to it and the information you provide is undisputed by the community.
The payments for Fetch Oracle feeds are not held in the main Fetch Oracle contract. Technically you can pay for Fetch Oracle feeds however you want (off-chain, recurring, handshake agreements, etc.), but the trustless way to do so is on-chain via the AutoPay contract.
This AutoPay contract allows parties to schedule and fund recurring data feeds or submit one-time tips to Fetch Oracle QueryIDs.
For most Fetch Oracle QueryIDs, the FETCH token on the network will be the tipped token.
For easy tipping, you can use the Fetch Dashboard Fund a Feed frontend to setup a one time spot price feed.
For automated tipping, you can use the AutoPay contract to pay for data.
Whether you just need one data report now, or you need recurring information, AutoPay has you covered.
The timestamp array allows you to submit many one-time tips and claim all of your tip rewards at once.
There is a 12 hour waiting period after reporting data before tips can be claimed. This helps ensure that, if a value gets disputed, another reporter will be incentivized to submit the data and the user can still retrieve their requested data.
Tips must be claimed within 3 months of the original data submission.