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HIP 112: Updates (#980)
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* Update success metric
* Clarified that first assert is free.
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heatedlime committed Apr 15, 2024
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## Summary

This HIP proposes allowing one (1) free IOT Location assertion per rolling 365 epoch period for IOT Hotspots, including the initial assertion, and allowing one (1) free IOT assertion per one (1) epoch for IOT Data-only Hotspots. Any additional assertions conducted within the above rolling periods will be required to pay the existing $10 fee in Data Credits (1,000,000 DC) burn for Hotspots, and the existing $5 fee in Data Credits (500,000 DC) for Data-only Hotspots.
This HIP proposes allowing one (1) free IOT Location assertion per rolling 365 epoch period for IOT Hotspots, including the initial assertion, and allowing one (1) free IOT assertion per one (1) epoch for IOT Data-only Hotspots. Any additional assertions conducted within the above rolling periods will be required to pay the existing $10 fee in Data Credits (1,000,000 DC) burn for Hotspots, and the existing $5 fee in Data Credits (500,000 DC) for Data-only Hotspots. This HIP also removes the fee ($10 for IOT Hotspot and $5 for IOT Data-Only Hotspots) associated with asserting the initial location for Hotspots during onboarding.

## Motivation

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## Stakeholders

- **New IOT Hotspot Owners** who have a new Hotspot in which the maker wallet does not contain appropriate funds to cover the initial assertion will now be able to complete that initial assertion for free.
- **IOT Hotspot Owners** will be able to assert their location for free once per year.
- **Data-only IOT Hotspot Owners** will be able to assert their location for free once per day.
- **IOT Hotspot Owners** will be able to assert their location for free once per year, including their first assert.
- **Data-only IOT Hotspot Owners** will be able to assert their location for free once per day, including their initial assert.
- **IOT Hotspot Makers** will no longer be required to cover the initial $10 DC assertion fee, which may allow Hotspot makers to sell Hotspots for a cheaper price.
**IOT Hotspot Makers with large DC Balances** proportionate to quantity of Hotspot onboards will take longer to burn through their balance as DC is consumed 20% slower. Eg, SenseCAP, Browan, Milesight, Dragino

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The Helium Foundation is requested to make the changes in the onboarding process to confirm the reduced 0 DC fee as appropriate.

## Success Metrics
This HIP will be considered successful if more IOT Hotspots assert their correct location on the network.
This HIP will be considered successful if more incorrectly asserted IOT Hotspots reassert their Hotspot to correct location on the network.

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