Proponent: ELkVhHcvaP9L43RK9SP6Wn3FBfusEN5EJe2gH7aA2ETiufP
Date: 6th October 2022
Requested KSM: xxx KSM (USD: $59,124.98)
Short description: Ongoing costs for the running of high performance, scalable, and reliable public infrastructure for Kusama and Statemine.
Raw Data: https://docs.google.com/spreadsheets/d/1eftYcA4iedfQiwwekxLvNixhksG3uNMRAU0QGAmI09Y/edit?usp=sharing
Full Report https://docs.google.com/document/d/1UW9Cg5FmYoxaT2bDCzYOpMuv-LNmzvvayfe0vgEBKlY/edit?usp=sharing
Over the last 3 months (July, August, September 2022) we've provided a scalable free public API service so that everyone can access public pools of managed Kusama and Statemine nodes. This provides the following three outcomes:
During the last quarter, we've focused on three key areas for the development of OnFinality - cost optimization, network expansion, and providing more value from our Ultimate API service.
The bear market has made many of our customers more price sensitive, and as such we've been working with them to optimise our services to provide more for less. We've reduced prices for our larger customers between 30 and 40%, and created products designed to target and onboard new chains with entry level pricing. We've also been working on new rate limiting capabilities to progressively restrict abusers of our public APIs to upgrade to paid API plans.
In the past quarter we have succeeded in our goal of onboarding two new networks, with the addition of Avalanche and Juno to our API service. This was a large amount of upfront work, extending OnFinality to allow chains outside of Polkadot/Substrate, but now that it has been done we should be able to move faster and onboard new chains each week. We hope that this means that we will be able to invite as many new ecosystem participants into Polkadot as possible with this expansion.
Finally, providing move value from our Ultimate API service has always been a priority, and in this space we've added new API specific paid plans at competitive prices to our competition. We have also delivered the ability for our customers to better understand and learn about their users, with API Insights that tell you where your users are, what they are requesting, what methods are failing (to find bugs in your dApp), and where optimisations can occur.
We continued to execute on our efforts to provide unprecedented service stability and reliability to this ecosystem. All supported networks exceeded our 99.9% target, including 99.94% uptime for Kusama over the last 90 days . At this stage, OnFinality is operationally striving for four 9s of availability, which means less than an hour of downtime each year.
Between 2022-07-01 and 2022-09-30 our Kusama API service has:
Additionally, we are proud to have delivered some key service enhancements that benefit the Polkadot ecosystem in the last quarter. This includes:
You can always see live data on our API service on our public status page and analytics page.
Full Report https://docs.google.com/document/d/1UW9Cg5FmYoxaT2bDCzYOpMuv-LNmzvvayfe0vgEBKlY/edit?usp=sharing