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Infrastructure

Aethir

# Aethir Token incentives Methodology

## 1. Overview

The Aethir token incentives metric measures the total USD value of token rewards distributed daily to infrastructure providers in the Aethir network. This metric tracks the economic incentives paid to nodes and providers who contribute computing resources to Aethir's decentralized infrastructure platform. The calculation identifies reward claim events from Aethir's smart contract and matches them with corresponding token transfers to quantify daily incentive distributions.

## 2. Data sources

The calculation relies on several key data sources:
- **Blockchain events**: Parsed `ClaimReward` events from the AethirCore smart contract on Arbitrum (contract address `0xc87b37a581ec3257b734886d9d3a581f5a9d056c`)
- **Transaction data**: Arbitrum token transfer records that capture the actual reward amounts distributed to providers
- **External data**: End-of-day price feeds for USD conversion and token metadata for decimal precision correction
- **Contract data**: AethirCore smart contract interactions that facilitate reward distribution to infrastructure providers

## 3. Step-by-step calculation

### Component A: Event identification
- **Purpose**: Identifies reward claim events from Aethir's infrastructure network
- **Logic**: Extracts `ClaimReward` events from the AethirCore smart contract on Arbitrum. Each event captures when an infrastructure provider claims their earned rewards. The system records the provider address (`provider`), recipient address (`address`), block timestamp, transaction hash, and log index. Events are classified under the 'Infrastructure' business line and 'infrastructure' market sector to categorize them as infrastructure-related rewards.
- **Key fields**: `provider_address` (infrastructure provider), `account_address` (reward recipient), `token_address` (reward token contract), `block_timestamp`, `transaction_hash`

### Component B: Amount calculation
- **Purpose**: Determines the actual token amounts distributed for each reward claim
- **Logic**: Joins the identified `ClaimReward` events with Arbitrum token transfer records to capture the actual reward amounts. The join uses three matching conditions: identical block timestamp, matching transaction hash, and the provider address as the recipient (`to_address`) in the token transfer. This ensures each reward event is matched with its corresponding token movement. The token transfer `value` field provides the raw token amount distributed.
- **Key fields**: `value` (raw token amount from transfers), `to_address` (must match provider address), join conditions for accurate event-to-transfer matching

### Final aggregation
- **Combining components**: The reward events and transfer amounts are combined through inner joins, ensuring only events with corresponding token transfers are included in the final calculation
- **Currency conversion**: Token amounts are converted to USD using end-of-day price feeds, with decimal correction applied based on token metadata to ensure accurate value representation
- **Time aggregation**: Data is aggregated daily using timestamp truncation to day boundaries, creating consistent daily totals across all reward distributions
- **Final calculation**: The metric sums all USD-converted reward amounts per day per chain, representing the total value of token incentives distributed to Aethir infrastructure providers. Gap filling with zeros ensures continuous time series data for consistent reporting.

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

Value of native tokens distributed as incentives.

AethirATH

Token incentives

Token incentives

Competitive landscape

Chain breakdown