Proposal Details
Proposal #288
Proposal title
AEP 32 - Provider Console
Submit time
Deposit end time
Voting start time
Voting end time
Tally result
Proposal #288 description
Motivation
Improve the Akash provider experience for all, including set up and provider management, with the goal of onboarding hundreds of new providers onto Akash Network. Github Discussion.
Challenge
To this point, there has not been an open source GUI tool for Akash providers. Currently the documentation provides a way to build a provider on the Akash Network via CLI, but the learning curve is sometimes challenging for certain individuals. As new providers came onto the Akash Network the community discussed provider pain points that deterred massive adoption.
In 2024, Praetor, a previously closed-source tool used by 80% of Akash Network providers for the build process, was open-sourced through acquisition to enhance the provider experience for individuals and teams, no matter the size of their provider(s). The Akash core team (Overclock Labs) and the Akash community agreed that it would be beneficial to have an open source GUI tool for Akash providers that can evolve over time with contributions and new features. Akash providers have complained about issues around pricing, managing workloads, setting up a provider, modifying a provider attribute, upgrading a provider, and beyond. The goal of the Akash Provider console is to build a tool that is easy to use and addresses all of these challenges.
Akash Provider Console is cloud-based product that complements the Deployment Console (Akash Console). The objective of the Akash Provider Console is to allow individuals and datacenters (DCs) to build providers and manage those providers on the Akash Network. . The Akash Provider Console will give new AND existing providers tools to manage their Akash providers via graphical user interface (GUI).. Features will include a dashboard that shows leases, earnings, compute resources, and profitability, as well as additional tools to view and manage leases running on the provider, and to maintain (update and upgrade things) the provider.
Over time, the Akash Provider Console will add several quality of life features including observability tooling set up and reporting (metrics & logs), provider content moderation, notifications (from provider to tenants) and more.
Proposal
The Akash Provider Console is already in GA and is currently being tested in the wild by several new dcs, existing providers and others in the great Akash community. The work completed is captured here:
Budget
For the Provider Console 1.0, AEP 32, Overclock Labs will request $398,072.20. This request represents approximately 31% of the total personnel and operational cost of $1,290,022.13. Overclock Labs pays the remaining 69%. This percentage breakout is an aggregation of personnel multiplied by the amount of time spent on this effort vs other efforts. For example, one person may work on this project 75% of the time and another effort 25% of the time.
This request is broken down as follows:
AEP 32 - Akash Provider Console | ||
Total Cost | Request from CP | |
Estimated engineering hours | 7,428.57 | 2,867.43 |
Engineering rate per hour | $104.55 | $100.94 |
Engineering total cost | $776,642.86 | $289,445.71 |
Estimated support hours | 2,971.43 | 297.14 |
Support rate per hour | $75.96 | $66.83 |
Support total cost | $225,705.34 | $19,856.70 |
Labor Subtotal | $1,002,348.20 | $309,302.41 |
Operational Overage | $0.00 | $0.00 |
AKT Volatility Buffer (7.7%)* | $77,180.81 | $23,816.29 |
Federal tax (USA) | $210,493.12 | $64,953.51 |
Tax, Vol & Overage Subtotal | $287,673.93 | $88,769.79 |
Grand Total | $1,290,022.13 | $398,072.20 |
*AKT volatility buffer
*This buffer accounts for the historical daily volatility of AKT measured over the last 30 days. By providing a more substantial buffer against potential downswings in AKT, we mitigate the need to request any budget shortfalls through subsequent proposals. In the event of excess funds above the US dollar amount of labor, taxes, and overage, all remaining AKT will be returned to the community promptly. This proposal uses a much lower volatility buffer since the project is completed and the buffer exists to mitigate price changes during the process of liquidation. *
Limited Market Impact & Transparent Reporting
Limited Market Impact
Overclock Labs will custody the requested funds in a new, distinct wallet so that funds from any other source are not commingled.
All funds will be liquidated and managed in a manner that ensures minimal impact on the market. These funds will be managed with the same care and attention as all previous Community Funding Proposals with liquidations done in a fashion that will not adversely affect the market. In practice, the effort of this liquidation will add depth to the AKT market for buyers looking to enter.
Transparent Reporting
All costs and records will be made publicly available through reports to ensure maximum transparency and accountability.