Akash Network

Microservice

Proposal Details

Proposal #288

Passed

Proposal title

AEP 32 - Provider Console

Submit time

Deposit end time

Voting start time

Voting end time

Tally result

69.44%

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.

Proposal #288 overview

Total votes
808
Voters
801
Total deposit
1,000 AKT

Proposal #288 votes

#

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1NoDumpNodeAbstain
2KleomedesAbstain
3Stakewolle.com | Auto-compoundYes
4Coinage x DAICYes
5POSTHUMAN 🧬 StakeDropYes
6Arcturian TechYes
7Blocc DynamicsYes
8Bro_n_BroYes
9Neta DAOYes
1016psycheYes
11StakecitoYes
12QuasarchYes
13Active NodesYes
14Frens (🤝,🤝)Yes
15Nocturnal LabsAbstain
160base.vcYes
17Vitwit (Previously Witval)Yes
18CosmostationYes
19Stake Frites 🥩 🍟Yes
20Smart Stake 📈📊Abstain
21cosmosrescueAbstain
22Komichain.comAbstain
23AllnodesYes
24Oldcat - airdrop DHK every monthAbstain
25ALTER | pathrocknetworkYes
26node101Yes
27Tedcrypto.io 🧸 | TedLottoYes
28Aurora StakingYes
29Praetor AppYes
30Lavender.Five Nodes 🐝Yes
315.0 Validator | AirdropYes
32✅ CryptoCrew ValidatorsAbstain
33ECO Stake 🌱 | REStake.appYes
34chainvibesYes
35w3coinsYes
36PoS NodeAbstain
37ValidatorNodeYes
38GATA HUBYes
39Cosmic Validator | Auto CompoundAbstain
40CloudmosYes
41Decloud Nodes LabYes
42Crypto Lab TechYes
43Imperator.coAbstain
44HighStakes.ch | Daily AirdropsAbstain
45Kalia NetworkAbstain
46Citadel.oneAbstain
47NansenYes
48MeriaYes
49CroutonDigitalYes
50StakinAbstain
51europlotsYes
52Army IDsAbstain
53Cosmonaut Stakes 🤖Abstain
54strangeloveAbstain
55polkachu.comAbstain
56AutoStake 🛡️ Slash ProtectedAbstain

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