Tip Refunds
Astralane Iris users are automatically eligible to receive SOL tip refunds, if the transactions sent to our middleware executes successfully on chain for a lower price. Tip refunds do not change how transactions are executed and users do not need to make any changes to be eligible for them.
What is a Tip rebate?
Due to validator client segmentation in Solana (primarily between Jito, Agave and FD), many users struggle to determine whether they should prioritize higher priority fees or higher tips to reliably land transactions.
With network competition at an all time high, users often overspend by sending unnecessarily high SOL tips. In many cases, these same transactions could have been executed just as quickly at a fraction of the SOL tip amount. Using Astralane’s validator sidecar network, users are now able to capture back some of these cost inefficiencies in the form of a Tip rebate.
Astralane’s system is designed to minimize overpayment. Every transaction sent through our infrastructure is routed via our internal SwQoS network, which improves landing probability and issues rebates for transactions that overpay relative to what was required to land that transaction onchain.
Which Transactions Receive Rebates
Rebates are applied to transactions that successfully land in a slot through Astralane’s swqos network. Eligibility depends on several dynamic factors that vary per block, including:
How much network congestion and competition there was
Whether Astralane's internal iris network made a profit on the txn and how much
If the transaction was sent directly to Astralane Iris, or shared with other RPCs and landing services
How to maximize both rebates and speed
Transactions which are sent directly to Astralane without using advanced nonce or not getting broadcasted by the user to other RPCs or landing services, will qualify for higher rebate tiers. This is because they maximize the probability of Astralane’s internal network successfully landing them, allowing us to distribute larger rebates.
Other optional privileges:
We offer different types of incentives based on transaction flow and tip volume, including:
Discounted / Waiving off monthly fees
Free access to higher TPS capacity
Free access to our beta products for traders (gRPC, shreds, topOfBlock, etc)
Tracking Rebates
Rebates are tracked based on your Iris API key provided by us. You can use the API key to fetch and check the rebates you are eligible for in our platform (currently in progress). And you will be able to withdraw the rebates from this at the end of every month.
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