Historically many mobile networks are built top-down by service providers (e.g., AT&T and Verizon inthe United States). However, future networks will likely be a hybrid of large-scale operators andpeople-owned 5G Hotspots due to consumer behavior demands (higher bandwidth and lower latencyrequirements) and the physics of wireless radio, requiring denser networks with more nodes, furtherincreasing site acquisition costs.
The Helium model decentralizes these costs and enables communities to participate in buildingreliable, high-bandwidth networks using technologies such as CBRS and Wi-Fi.We see service providers as a critical component of this ecosystem rather than replacing serviceproviders altogether.
Purchase a Wi-Fi Hotspot
Visit https://hellohelium.com/hotspot for more information onpurchasing a Mobile Wi-Fi Hotspot to build coverage in your area!
Network of Networks
A general structure for onboarding new Decentralized Network Protocols (DNPs) to the broader HeliumNetwork was created with the passing ofHIP-51. The Helium Mobile Subnetworkwith 5G Hotspots is the first step in the evolution of the Helium ecosystem.
The passing of HIP-51 additionallyallows for the creation of MOBILE tokens that will reward 5G Wi-Fi Access Points and Hotspots withSmall Cell Radio(s) on the Mobile Network.
How To Earn MOBILE
The Helium Network rewards 5G Hotspots with CBRS Radios ("Radios") and Wi-Fi Access Points ("AccessPoints") for providing 5G wireless coverage.
Earning MOBILE by providing 5G coverage requires a Wi-Fi Access Point or 5G Hotspot and one or morecompatible, online Radios. Radios must also be registered in the SAS (Spectrum Access System)maintained by the FCC.
Several factors contribute to the amount of MOBILE an Access Point or 5G Hotspot may earn over agiven period. This page covers some higher-level concepts, design elements, and rules to keep inmind that help better explain what you might earn and why.
Where Do Rewards Go?
MOBILE PoC rewards will be credited to the Solana wallet that holds the NFT related to the AccessPoint or 5G Hotspot when the Rewards Oracle disperses MOBILE PoC Rewards.
More than one Radio can be connected to a single 5G Hotspot to create a larger 5G coverage area,with 5G Hotspots able to support as many Radios as would saturate their bandwidth. However, rewardsmay be scaled if overlapping coverage is provided. See theMOBILE Proof-of-Coverage section for more details. Note thatconnectingmore than one Radio may require an additional networking switch. Refer to the 5G Hotspot Makerinstallation guides for specific instructions.
Pre-Mine
As defined in HIP-51 andHIP-53, andapproved by community-wide votes,the Helium Foundation received an allocation of 50B (billion) of 230B MOBILE token (max token supplyupdated to 230B from 250B inHIP)in the form of a pre-mine.
Information about token allocation can be foundhere
Genesis Period Rewards
The Helium Foundation worked with the core developers to initiate the Genesis period of MOBILErewards. 100M (million) tokens were programmatically issued per day to all active Helium 5G Hotspotsduring the Genesis period.
Details of the proportional mining rewards for active 5G Small Cell Radios can be found underMOBILE Proof-of-Coverage. Any MOBILE not minted during the Genesisperiod may be reallocated to Grants and Operations.
Grants and Operations
The Helium Foundation will distribute grants to teams making core contributions to the developmentof the Mobile subnetwork. Grants will be distributed based on defined deliverables and milestones.
The Nova Labs team are the first grant recipient for work-in-progress and ongoing development forthe Mobile subnetwork. This is spread across three deliverables with 5B MOBILE per milestone for atotal grant of 15B MOBILE:
- Milestone 1: Ability for 5G Hotspots to earn MOBILE (Started in August 2022)
- Milestone 2: Development and release of programmatic treasury (by October 2022)
- Actual Programmatic Minting started Feb 1 2023
- The treasury started on April 19 2023
- Milestone 3: Proof-of-Coverage based rewards (December 2023)
The remaining 15B MOBILE is reserved for other work pertaining to Oracles and Mappers development orother community contributions.
Growth Activities Related to the Mobile Subnetwork
Reserved for marketing and educational campaigns around the Mobile subnetwork.
Emissions Curve
HIP-53 defined a max supply of 250B (billion) MOBILE with issuance halvenings every two yearsaligned with the HNT issuance halvenings. The first MOBILE halving occurred on August 1, 2023, toalign with HNT halving and will continue on a 2-year cycle afterward. Creating a "stub period" asdefined by HIP-53, which will beginwhen standard emissions of MOBILE tokens begin (and MOBILE can be redeemed by HNT in thesubnetwork's treasury).
HIP-75further modified the emission schedule and started the programmatic minting of MOBILE on Feb1st 2023.
| BEFORE: HIP-53 Emissions Schedule | AFTER: HIP-75 Emissions Schedule | |||
|---|---|---|---|---|
| Year | MOBILE at year start | MOBILE minted | MOBILE at year start | MOBILE minted |
| 1 | 50B | 116B* | 50B | 80B* |
| 2 | 116B | 33B | 80B | 30B |
| 3 | 149.5B | 33B | 110B | 30B |
| 4 | 182B | 16.5B | 140B | 15B |
| 5 | 198.5B | 16.5B | 155B | 15B |
| 6 | 215B | 8.25B | 170B | 7.5B |
| 7 | 223.25B | 8.25B | 177.5B | 7.5B |
*50B pre-mine
Full emissions schedule of HIP-53 and HIP-75 can be downloaded onGitHub.
The date for the treasury implementation was April 18, 2023 and depended on core developersimplementing the HNT token treasury and redemption transactions on the Solana Blockchain as definedfor all new subnetworks in Phase 2 ofHIP-51.
Managing Tokens with the Helium Wallet App
A 5G Access Point or Hotspot with an attached and properly registered Small Cell Radio will startearning MOBILE automatically as one "lump sum" to the associated Hotspot. Learn more aboutcalculating MOBILE Rewards in the MOBILE Proof-of-Coveragedocumentation.
Interacting with MOBILE tokens is only possible using theHelium Wallet App. Be sure to update the Helium Wallet App to thelatest version. More information can be found on the#announcements channel inHelium Discord
