Frequently Asked Questions DAPP Service Providers (DSPs)
- What is a DSP?
- Who can be a DSP?
- Are DSPs required to run a full node?
- How are DSPs incentivized?
DSPs are individuals or entities who provide external storage capacity, communication services, and/or utilities to dApp developers building on the blockchain, playing a crucial role in the DAPP network.
DSPs can be BPs, private individuals, corporations, or even anonymous entities. The only requirement is that each DSP must meet the minimum specifications for operating a full node on EOS.
While DSPs could use a third-party node, this would add latency to many services, including vRAM. In some cases, this latency could be significant. LiquidApps does not recommend running a DSP without a full node.
DSPs receive 1-5% of token inflation proportional to the total amount of DAPP tokens staked to their service packages.