Last updated: May 22, 2025

1. Definition of a Farmer

A "Farmer" refers to any individual or entity that connects hardware resources to the ThreeFold Grid, including but not limited to compute nodes (3Nodes), storage capacity, network infrastructure, or other compatible devices that contribute to the ThreeFold Grid's capacity.

2. Farmer Responsibilities

As a Farmer on the ThreeFold Marketplace, you agree to:

• Maintain your connected hardware in good working condition with adequate internet connectivity
• Ensure your hardware meets the minimum technical requirements specified in the Farming documentation
• Promptly address any issues that may affect the availability or performance of your contributed resources
• Provide accurate information about your farming setup, including location, specifications, and uptime capabilities
• Comply with all applicable laws and regulations in your jurisdiction regarding hosting services and data centers

3. Reputation System and Staking

The ThreeFold Marketplace employs a reputation system that affects farmer visibility and rewards:

• Your reputation score is calculated based on multiple factors including uptime, staked TFP, and performance metrics
• Staking TFP increases your reputation score and may qualify you for additional benefits
• Consistent uptime contributes positively to your reputation score
• Poor performance or extended downtime may result in reputation penalties

4. Rewards and TFP

Compensation for resource contribution is governed by the following principles:

• Farmers receive TFP (ThreeFold Points) based on the resources utilized from their contributed capacity
• TFP has a fixed value of 0.1 USD per TFP
• Earned TFP can be exchanged for fiat currencies or other supported tokens through the available liquidity pools
• Payment schedules and minimum thresholds are detailed in the Farmer dashboard

5. Hardware and Capacity

Regarding the hardware and capacity you provide:

• You retain ownership of all hardware connected to the ThreeFold Grid
• You are responsible for the electricity, internet connectivity, and physical security of your hardware
• You have the right to disconnect your hardware at any time, subject to any active resource reservations
• ThreeFold does not guarantee that your capacity will be utilized by users

6. Slashing Conditions

In certain circumstances, penalties may be applied to your account:

• Consistent failure to maintain promised uptime without prior notice
• Deliberate misrepresentation of hardware specifications or capabilities
• Violating the terms of service or engaging in fraudulent activities
• Slashing penalties may include reputation reduction, temporary suspension, or in severe cases, permanent removal from the marketplace

7. Termination of Farmer Status

You may cease being a Farmer by:

• Disconnecting your hardware from the ThreeFold Grid
• Providing notice through your dashboard at least 30 days prior to complete disconnection
• Ensuring all active resource reservations have been properly concluded or migrated

8. Liability Limitation

As a Farmer, you acknowledge that:

• ThreeFold is not responsible for any damage to your hardware resulting from normal operation
• ThreeFold does not guarantee minimum income or utilization rates for your contributed capacity
• You are solely responsible for compliance with local laws regarding hosting services, taxation, and business operations