diff --git a/app/(docs)/dcs/pricing/legacy/page.md b/app/(docs)/dcs/pricing/legacy/page.md index 512ff5189..8c272a2a3 100644 --- a/app/(docs)/dcs/pricing/legacy/page.md +++ b/app/(docs)/dcs/pricing/legacy/page.md @@ -170,4 +170,4 @@ This helps cover the cost of payment processing and basic operations so we can c - Any monthly usage that results in an invoice less than $5 will result in the minimum usage fee. - If your usage exceeds $5 per month, you will not be charged a minimum usage fee. - If you bought a starter package via a partner before August 1, 2025, you will not be charged a minimum usage fee until your starter package expires. The starter package expires one year from purchase or when the starter package credits have been fully used. -- If you pay with STORJ token, you will not be charged a minimum usage fee. +- If you pay with USDC, you will not be charged a minimum usage fee. diff --git a/app/(docs)/dcs/pricing/simplified/page.md b/app/(docs)/dcs/pricing/simplified/page.md index 47283e944..ee84b2b6e 100644 --- a/app/(docs)/dcs/pricing/simplified/page.md +++ b/app/(docs)/dcs/pricing/simplified/page.md @@ -109,7 +109,7 @@ Each tier has a few minimums that affect billing: - **Minimum Monthly Usage:** A **$5 minimum monthly fee** applies to all active storage accounts. The minimum fee applies as follows: - If your total usage for the month exceeds $5, no minimum fee is charged. - If your total usage is less than $5, you are charged $5 for that month. - - Accounts paying with STORJ token are exempt from the minimum monthly fee. + - Accounts paying with USDC are exempt from the minimum monthly fee. - Accounts on custom or negotiated contracts are not subject to the standard minimum fee. Your account team will communicate any applicable terms. - The minimum fee does not apply during the free trial period. It takes effect at the start of your first billing cycle after the trial ends. - Accounts with a $0 balance at the end of a billing cycle and no active storage will be suspended and then deleted. Free trial accounts are excluded from this. diff --git a/app/(docs)/dcs/pricing/tiered/page.md b/app/(docs)/dcs/pricing/tiered/page.md index 77dbd4393..edaba033b 100644 --- a/app/(docs)/dcs/pricing/tiered/page.md +++ b/app/(docs)/dcs/pricing/tiered/page.md @@ -117,7 +117,7 @@ Each tier has a few minimums that affect billing: - **Minimum Storage Duration (Active Archive tier only):** Data deleted before **30 days** will still be billed for the full 1 month period. - **Minimum Monthly Usage:** A **$5 minimum monthly fee** applies to all active storage accounts. You won’t be charged the minimum if: - Your usage exceeds $5 - - You pay with **STORJ token** + - You pay with **USDC** - You purchased a **starter package** prior to August 1, 2025 (valid until expiration). diff --git a/app/(docs)/learn/concepts/limits/page.md b/app/(docs)/learn/concepts/limits/page.md index 77cda6a77..0a5712367 100644 --- a/app/(docs)/learn/concepts/limits/page.md +++ b/app/(docs)/learn/concepts/limits/page.md @@ -40,12 +40,12 @@ Adding a valid Payment method will result in your per-project limits being autom Please note: some Debit cards maybe accepted too, but prepaid cards are not supported. {% /callout %} -### STORJ token Payment method +### USDC Payment method -Adding $10 or more worth of STORJ tokens to your account deposit address will automatically upgrade your account to PRO and you will also receive a bonus of 10% of the deposit amount on your balance. +Adding $10 or more in USDC to your account deposit address will automatically upgrade your account to PRO. Deposits no longer receive a bonus. {% callout type="info" %} -Please note: The deposit address currently only accepts transactions with ERC20 STORJ tokens on Ethereum mainnet or zkSync Era (note that **zkSync Lite is not supported**, and we are considering to sunset zkSync Era payments too). +Please note: The deposit address only accepts ERC20 USDC transactions on Ethereum mainnet. zkSync and other Layer 2 networks are not supported. {% /callout %} ### Google Pay Payment method @@ -76,4 +76,4 @@ We have also set the default limit for the number of segments to a healthy level Customers can request a limit increase when needed by filling out the [limit increase request form](https://supportdcs.storj.io/hc/en-us/requests/new?ticket_form_id=360000683212) on our Storj support portal. -An automatic limit increase to Pro Account can be accomplished by adding a credit card or STORJ tokens (more or equal to $10) as a payment method. Please only make such requests if your use case requires more than the current default limits. +An automatic limit increase to Pro Account can be accomplished by adding a credit card or USDC (more or equal to $10) as a payment method. Please only make such requests if your use case requires more than the current default limits. diff --git a/app/(docs)/node/concepts/page.md b/app/(docs)/node/concepts/page.md index 9c48a3a2d..9ac274b30 100644 --- a/app/(docs)/node/concepts/page.md +++ b/app/(docs)/node/concepts/page.md @@ -18,7 +18,7 @@ Before running your Storage Node for the first time, please note the Storage Nod | | /tcp and /udp will allow your node to connect with the network via both TCP and UDP ports. | | -p 28967:28967 is the core port used to connect with the network. | | -p 14002:14002 is the port used for the storage node GUI dashboard. | -| `WALLET` | A wallet address to receive STORJ token payouts for running the node. | +| `WALLET` | A wallet address to receive USDC payouts for running the node. | | `EMAIL` | Email address so we can notify you when a new version has been released. **(recommended)** | | `ADDRESS` | External IP address or the DDNS you configured and the port you opened on your router \:\ If you are using a custom port other than 28967, you have to change the -p 28967:28967 to -p \:28967 | | `STORAGE` | How much disk space do you want to allocate to the Storj network? Be sure not to over-allocate space! Allow at least 10% extra for the overhead. If you over-allocate space, you may corrupt your database when the system attempts to store pieces when no more physical space is actually available on your drive. The minimum storage shared requirement is 500 GB, meaning you need a disk of at least 550 GB to allow for the 10% overhead. If you set up a new node, ensure the storage destination folder doesn't already have a config.yaml and/or storage folder inside, otherwise the storage node container could fail to start. | diff --git a/app/(docs)/node/faq/can-storj-use-other-blockchain/page.md b/app/(docs)/node/faq/can-storj-use-other-blockchain/page.md index cb7936441..7f3e51cad 100644 --- a/app/(docs)/node/faq/can-storj-use-other-blockchain/page.md +++ b/app/(docs)/node/faq/can-storj-use-other-blockchain/page.md @@ -11,6 +11,6 @@ Switching blockchains would either mean you end up on a less popular blockchain Ethereum's roadmap actually contains many promising developments to address the scaling issues it has faced in the past, and zk-rollups are one of them. Some time ago, the best approach was to use a second-layer solution like zkSync Era, rather than risk using a less-proven blockchain. Our project has already experienced blockchain migration in the past, when we migrated the Counterparty-based SJCX token (running on the Bitcoin blockchain) to the ERC-20 STORJ token on the Ethereum blockchain at a time when Bitcoin was experiencing scaling issues that made transactions with Counterparty tokens very expensive. While this migration initially mitigated the transaction fee problem, the Ethereum blockchain subsequently began to experience the same scaling issues and high fees. Therefore, we briefly used a second-layer solution such as Rollups (specifically zkSync Era) until Ethereum released version 2.0 to further address the scaling issues. -We have now [deprecated Layer 2](https://forum.storj.io/t/sunsetting-zksync-for-storagenode-payouts/32513) as Layer 1 fees have become acceptable. +We have now [deprecated Layer 2](https://forum.storj.io/t/sunsetting-zksync-for-storagenode-payouts/32513) as Layer 1 fees have become acceptable. Payouts to Storage Node Operators and customer deposits now use USDC on the Ethereum blockchain (Layer 1) instead of the STORJ token. Thanks to René Smeekes (@BrightSilence) for summarizing all reasons in one [post](https://forum.storj.io/t/move-storj-to-the-xrpl-for-faster-payouts/13404/8?u=alexey). diff --git a/app/(docs)/node/faq/can-we-use-an-exchange-as-a-wallet-for-storj-tokens/page.md b/app/(docs)/node/faq/can-we-use-an-exchange-as-a-wallet-for-storj-tokens/page.md index b791105d2..dd9912bb8 100644 --- a/app/(docs)/node/faq/can-we-use-an-exchange-as-a-wallet-for-storj-tokens/page.md +++ b/app/(docs)/node/faq/can-we-use-an-exchange-as-a-wallet-for-storj-tokens/page.md @@ -1,18 +1,18 @@ --- -title: Can we use an exchange as a wallet for STORJ tokens? +title: Can we use an exchange as a wallet for payouts? docId: 857f3c8c-43ca-476a-9b2f-4883c415bcbf redirects: - /hc/en-us/articles/360060646292-Can-we-use-an-exchange-as-a-wallet-for-STORJ-tokens - /hc/en-us/articles/360060646292 --- -It is very important to note that an exchange address is not a valid address unless it is of the type that enables you to hold the private key yourself (decentralized exchange). See article [How do I hold STORJ? What is a valid address or compatible wallet?](docId:a045be02-e05a-11ef-9338-6045bd1fa4e3) +It is very important to note that an exchange address is not a valid address unless it is of the type that enables you to hold the private key yourself (decentralized exchange). See article [How do I hold USDC? What is a valid address or compatible wallet?](docId:a045be02-e05a-11ef-9338-6045bd1fa4e3) In most cases, you do not control the private keys from the deposit address of the centralized exchanges, so all the funds in such an account are under the exclusive control of the exchange. This means that they can decide whether they will allow you to access any tokens you deposit there or not. Since the deposit address is disposable, the exchange could also change it at any time without further notice, thus funds sent to an old deposit address after such a change could be lost. -Most of the exchanges use a separate deposit addresses for every token and if you send STORJ to the Ethereum deposit address for example, they could be lost. Exchanges post warnings about this on their deposit addresses so you may have no recourse if you ignore the warning and deposit STORJ to the wrong exchange deposit address anyway. +Most of the exchanges use a separate deposit addresses for every token and if you send USDC to a deposit address meant for a different token or network, it could be lost. Exchanges post warnings about this on their deposit addresses so you may have no recourse if you ignore the warning and deposit USDC to the wrong exchange deposit address anyway. If you are a EU resident, you will be eligible to confirm the source address of funds due to MiCA changes, due to this mandatory requirement it's not possible for you to use the exchange address as your wallet address in the node's configuration at all, see the [relarted thread](https://forum.storj.io/t/getting-payed-to-kraken-address-with-mica/30295) on the forum. -We will not be able to assist to recover STORJ tokens if you have any problems with an exchange; in order to recover tokens, you will have to file a support ticket directly with the help desk of the exchange in question. +We will not be able to assist to recover USDC if you have any problems with an exchange; in order to recover tokens, you will have to file a support ticket directly with the help desk of the exchange in question. diff --git a/app/(docs)/node/faq/held-back-amount/page.md b/app/(docs)/node/faq/held-back-amount/page.md index 33b7570af..8e310ae17 100644 --- a/app/(docs)/node/faq/held-back-amount/page.md +++ b/app/(docs)/node/faq/held-back-amount/page.md @@ -7,7 +7,7 @@ redirects: The **held back amount (staked)** component provides a preferred way for Node Operators to exit the network. This model optimizes liveliness by deterring Nodes to exit the network without transferring their pieces (thus limiting repair costs). Importantly, this strikes an equilibrium between a very low cost of entry for Nodes while also way to insulate against the cost of data repair. -Nodes don't need to provide any up-front stake to start earning STORJ tokens as a Storage Node Operator. Rather, during the first nine months of Storage Node Operation, a percentage of earnings are placed in a holding account. These funds are held until a Storage Node Operator chooses to leave the network. After the 15th month, a portion of the balance is returned to the Storage Node Operator, while the remainder is held indefinitely. +Nodes don't need to provide any up-front stake to start earning USDC as a Storage Node Operator. Rather, during the first nine months of Storage Node Operation, a percentage of earnings are placed in a holding account. These funds are held until a Storage Node Operator chooses to leave the network. After the 15th month, a portion of the balance is returned to the Storage Node Operator, while the remainder is held indefinitely. If the Storage Node Operator uses the Graceful Exit function when leaving one or more satellites, the funds corresponding to the satellite(s) they exited will be returned in full after the exit is complete. If the Storage Node Operator exits the network abruptly without completing the Graceful Exit, the held back funds for all the satellites their node was operating on at the time of abrupt exit will be forfeited to offset the cost of data repair. diff --git a/app/(docs)/node/faq/how-can-i-exchange-storj-tokens-to-currencies-like-or/page.md b/app/(docs)/node/faq/how-can-i-exchange-storj-tokens-to-currencies-like-or/page.md index 4b1c5d302..971c84fc2 100644 --- a/app/(docs)/node/faq/how-can-i-exchange-storj-tokens-to-currencies-like-or/page.md +++ b/app/(docs)/node/faq/how-can-i-exchange-storj-tokens-to-currencies-like-or/page.md @@ -1,14 +1,16 @@ --- -title: How can I exchange STORJ tokens to currencies like € or $? +title: How can I exchange USDC to currencies like € or $? docId: 699883f7-152e-4155-8e68-f0780378411e redirects: - /hc/en-us/articles/360031990652-How-can-I-exchange-STORJ-tokens-to-currencies-like-or - /hc/en-us/articles/360031990652 --- -Storj Labs cannot make specific recommendations of which exchange you should use, but you can find the exchanges that trade the STORJ token listed [here](https://www.coingecko.com/en/coins/storj#markets) or [here](https://coinmarketcap.com/currencies/storj/#markets). Please note that gas prices for sending your STORJ tokens to an exchange may vary greatly, so please be sure to check the current rates on [Etherscan Gas Tracker](https://etherscan.io/gastracker) before proceeding. It may be better to wait for gas prices to drop before sending your transaction. +Storj cannot make specific recommendations of which exchange you should use. USDC is one of the most widely traded stablecoins, and most major exchanges offer direct trading between USDC and fiat currencies such as USD and EUR. You can find the exchanges that trade USDC listed [here](https://www.coingecko.com/en/coins/usdc#markets) or [here](https://coinmarketcap.com/currencies/usd-coin/#markets). -Direct trading for USD or Euro is possible now on the [Kraken Exchange](https://www.kraken.com/) (this is not an endorsement of Kraken, it is up to every user to make their own assessment which is the best exchange to trade on for their own circumstances). Kraken also offers other fiat currencies for trading with Bitcoin and/or ETH, so it may be possible for users that want to trade for one of the other listed currencies to do the entire swapping process from STORJ to fiat on the same exchange with Kraken. [Coinbase](https://coinbase.com/) and [Coinbase Pro](https://pro.coinbase.com/) now also have added STORJ-USD and STORJ-BTC trading pairs (Coinbase also allows direct conversion of STORJ to any other crypto asset listed on the exchange). For countries that don't use USD, Euro, or one of the other currencies available on Kraken or Coinbase as fiat gateway, you would have to first convert STORJ to either Bitcoin or Ether on any of the exchanges that has STORJ-BTC or STORJ-ETH pairs, and then trade the Bitcoin or ETH for your local currency at a cryptocurrency exchange that operates in your country. The [Binance-US](https://www.binance.us/) exchange now offers direct trading of STORJ-USD as well as STORJ-USDT pairs, while the [Binance-International](https://www.binance.com/) exchange currently supports BTC, ETH, USDT and BUSD trading but not direct fiat pair. [Gemini ActiveTrader](https://gemini.com/activetrader) now also supports trading of STORJ in select countries, and in the US this includes the state of New York. +Please note that gas prices for sending your USDC to an exchange may vary greatly, so please be sure to check the current rates on [Etherscan Gas Tracker](https://etherscan.io/gastracker) before proceeding. It may be better to wait for gas prices to drop before sending your transaction. Make sure you send your USDC on the Ethereum network to an exchange deposit address that accepts USDC on Ethereum. -Be aware that centralized exchanges will most likely require you to first pass KYC requirements before you can start trading. There are also some swapping services available like [https://coinswitch.co/](https://coinswitch.co/), [https://simpleswap.io/](https://simpleswap.io/) and [https://changelly.com/](https://changelly.com/) and many other similar ones which let you just specify your sending STORJ address and receiving BTC or ETH address or use even a Credit Card and make the swap almost instantly. This is more convenient than using an exchange, but it may involve a slightly higher fee (the price of the convenience). If you want to compare several of these at once before picking one, [EIDEX](https://eidex.io/screener/storj-erc20-to-btc-btc) is a non-custodial screener that queries a number of swap providers for the same pair and ranks them by the amount you receive; it holds no funds and the swap itself is completed on the provider's own site. +Be aware that centralized exchanges will most likely require you to first pass KYC requirements before you can start trading. -You can try first with a small amount of STORJ if you are not sure how it works at first. In any case, please do not leave your tokens, BTC or ETH for extended periods of time on a centralized exchange that does not let you hold your private keys yourself. All exchanges can be targets of hacking attacks at any time, so best to just complete your trade quickly and withdraw your funds to your own wallet or bank account. Also, before you use a centralized exchange that works for your country, be sure to find out if they have any restrictions on how much or how fast you can withdraw your funds, if this requires KYC and what fees they will charge, otherwise you may have some unpleasant surprises later. Please use the exchange services' support forums for further help, we cannot give you support here for all the existing exchanges in the world, that is outside the scope of this project. \ No newline at end of file +You can try first with a small amount of USDC if you are not sure how it works at first. In any case, please do not leave your funds for extended periods of time on a centralized exchange that does not let you hold your private keys yourself. All exchanges can be targets of hacking attacks at any time, so best to just complete your trade quickly and withdraw your funds to your own wallet or bank account. Also, before you use a centralized exchange that works for your country, be sure to find out if they have any restrictions on how much or how fast you can withdraw your funds, if this requires KYC and what fees they will charge, otherwise you may have some unpleasant surprises later. Please use the exchange services' support forums for further help, we cannot give you support here for all the existing exchanges in the world, that is outside the scope of this project. + +If you still hold STORJ tokens from earlier payouts, the same advice applies. You can find the exchanges that trade STORJ listed on [CoinGecko](https://www.coingecko.com/en/coins/storj#markets). diff --git a/app/(docs)/node/faq/how-do-I-hold-storj-tokens/page.md b/app/(docs)/node/faq/how-do-I-hold-storj-tokens/page.md index fd37cda87..4c921756f 100644 --- a/app/(docs)/node/faq/how-do-I-hold-storj-tokens/page.md +++ b/app/(docs)/node/faq/how-do-I-hold-storj-tokens/page.md @@ -1,29 +1,29 @@ --- -title: How do I hold STORJ? What is a valid address or compatible wallet? +title: How do I hold USDC? What is a valid address or compatible wallet? docId: a045be02-e05a-11ef-9338-6045bd1fa4e3 metadata: - title: How do I hold STORJ tokens? What is a valid address or compatible wallet? - description: Learn how you can hold STORJ tokens and what is valid address or a compatible wallet + title: How do I hold USDC? What is a valid address or compatible wallet? + description: Learn how you can hold USDC and what is valid address or a compatible wallet redirects: - /hc/en-us/articles/360026611692-How-do-I-hold-STORJ-What-is-a-valid-address-or-compatible-wallet - /hc/en-us/articles/360026611692-How-do-I-hold-STORJ-What-is-a-valid-address-or-compatible-wallet- - /hc/en-us/articles/360026611692 --- -STORJ is an ERC-20 token running on the Ethereum platform. In order to receive and hold your STORJ token payouts, you should use an ERC-20 compatible wallet to which you hold the private key yourself. Several options are available: +Payouts are made in USDC, an ERC-20 token running on the Ethereum platform. In order to receive and hold your USDC payouts, you should use an ERC-20 compatible wallet to which you hold the private key yourself. Several options are available: * [mycrypto](https://mycrypto.com/) * [MyEtherWallet](https://www.myetherwallet.com/) * [MetaMask](https://metamask.io/) -You may also access a hardware wallet such as Trezor or Ledger Nano S from mycrypto or MyEtherWallet. This is the preferred and safest way to store your STORJ tokens. +You may also access a hardware wallet such as Trezor or Ledger Nano S from mycrypto or MyEtherWallet. This is the preferred and safest way to store your USDC. There are many more wallets available for ERC20 tokens - we only listed a few above that have proven to be most reliable/popular and offer good setup instructions and help sites. It is very important to note that an exchange address is not a valid address unless it is of the type that enables you to hold the private key yourself (decentralized exchange). -Furthermore, please be sure that the ethereum address you use when you configure your storage node is one created by the wallet you choose. +Furthermore, please be sure that the ethereum address you use when you configure your storage node is one created by the wallet you choose. {% callout type="danger" %} -**Do not use the STORJ Token smart contract** address 0xB64ef51C888972c908CFacf59B47C1AfBC0Ab8aC as payout address! If you accidentally have specified that address in your storage node configuration as payout address, you will not be able to withdraw your funds as you are not controlling the private keys of this address yourself. If you discover that you have accidentally used the wrong payout address, please follow [these instructions](docId:bMlttgapdFJxCNAULJDIv) to change the payout address to your own wallet address. +**Do not use a token smart contract address as your payout address**, such as the USDC contract 0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48 or the STORJ Token contract 0xB64ef51C888972c908CFacf59B47C1AfBC0Ab8aC. If you accidentally have specified such an address in your storage node configuration as payout address, you will not be able to withdraw your funds as you are not controlling the private keys of this address yourself. If you discover that you have accidentally used the wrong payout address, please follow [these instructions](docId:bMlttgapdFJxCNAULJDIv) to change the payout address to your own wallet address. {% /callout %} -Storj Labs will not be able to help you recover your funds if you have used any payout address that you do not hold the private keys of yourself. +Storj will not be able to help you recover your funds if you have used any payout address that you do not hold the private keys of yourself. diff --git a/app/(docs)/node/faq/how-do-i-know-the-exchange-rate-for-my-payout/page.md b/app/(docs)/node/faq/how-do-i-know-the-exchange-rate-for-my-payout/page.md index c0a10313e..a58a6ed2b 100644 --- a/app/(docs)/node/faq/how-do-i-know-the-exchange-rate-for-my-payout/page.md +++ b/app/(docs)/node/faq/how-do-i-know-the-exchange-rate-for-my-payout/page.md @@ -9,7 +9,8 @@ redirects: /node/resources/faq/how-do-i-know-the-exchange-rate-for-my-payout - /node/resources/faq/costs-basis-tool --- +Payouts are made in USDC, a US dollar stablecoin, at one USDC per US dollar earned. There is no exchange rate to look up for USDC payouts: the amount of USDC you receive is the USD amount you earned. -If you want to know the amount of USD a particular storage node payment transaction was considered denominated in, please check out our cost basis tool. You’ll need to enter your payment transaction: +For payouts you received in STORJ tokens before the switch to USDC, you can check the amount of USD a particular payment transaction was denominated in with our cost basis tool. You’ll need to enter your payment transaction: [https://costbasis.storj.tools/](https://costbasis.storj.tools/) diff --git a/app/(docs)/node/faq/install-storagenode-on-raspberry-pi3-or-higher-version/page.md b/app/(docs)/node/faq/install-storagenode-on-raspberry-pi3-or-higher-version/page.md index 089d47c3e..4aa08eaeb 100644 --- a/app/(docs)/node/faq/install-storagenode-on-raspberry-pi3-or-higher-version/page.md +++ b/app/(docs)/node/faq/install-storagenode-on-raspberry-pi3-or-higher-version/page.md @@ -252,7 +252,7 @@ We recommend to create a subfolder for the storagenode on your disk, as this wou Parameters used in the Docker run command: -* `WALLET`: ERC20 compatible ethereum address for STORJ token payments (use the same payout address for all nodes if you are running multiple nodes). +* `WALLET`: ERC20 compatible ethereum address for USDC payments (use the same payout address for all nodes if you are running multiple nodes). * `EMAIL`: (optional) email address so that we can notify you when a new version has been released, or when the node goes offline and return online, about suspension and disqualification * `ADDRESS`: external IP address or the DDNS you configured and the port you opened on your router. diff --git a/app/(docs)/node/faq/is-account-required/page.md b/app/(docs)/node/faq/is-account-required/page.md index 6efd4ef05..4d9d03049 100644 --- a/app/(docs)/node/faq/is-account-required/page.md +++ b/app/(docs)/node/faq/is-account-required/page.md @@ -5,7 +5,7 @@ redirects: - /hc/en-us/articles/360026892091-Is-an-account-required-to-rent-out-drive-space --- -**No**. You do not need to create an account to start earning STORJ tokens by renting your drive space. +**No**. You do not need to create an account to start earning USDC by renting your drive space. All you need to do is run the storagenode software and [configure it properly](/node). diff --git a/app/(docs)/node/faq/running-node-via-pia/page.md b/app/(docs)/node/faq/running-node-via-pia/page.md index eec9a3acc..88204a26b 100644 --- a/app/(docs)/node/faq/running-node-via-pia/page.md +++ b/app/(docs)/node/faq/running-node-via-pia/page.md @@ -30,7 +30,7 @@ Private Internet Access (PIA) is one of the safest and most popular VPN’s out For Operators not interested in internet privacy (e.g. private browsing) and who want to rent out only a few GBs of data, the cost of paying for a VPN will not be justified. -However, Operators that value internet privacy or are unable to connect to the storage node network due to a variety of issues discussed in the introduction, and who plan to rent out more than 500 GB, can expect to pay for their VPN through their earnings from running storagenode. The other large advantage for Storage Node Operators is that PIA accepts payments in Bitcoin/Etherium/etc., which makes paying with the Storj earnings even easier, since this will only involve selling the STORJ tokens earned on an exchange for Bitcoin/Etherium/etc., which can then directly be used to pay the VPN invoice. The workflow covered in this guide can of course also be applied to other VPNs. Storj does not endorse any particular VPN service, every user is free to decide for themselves which VPN company they want to select. +However, Operators that value internet privacy or are unable to connect to the storage node network due to a variety of issues discussed in the introduction, and who plan to rent out more than 500 GB, can expect to pay for their VPN through their earnings from running storagenode. The other large advantage for Storage Node Operators is that PIA accepts payments in Bitcoin/Etherium/etc., which makes paying with the Storj earnings even easier, since this will only involve selling the USDC earned on an exchange for Bitcoin/Etherium/etc., which can then directly be used to pay the VPN invoice. The workflow covered in this guide can of course also be applied to other VPNs. Storj does not endorse any particular VPN service, every user is free to decide for themselves which VPN company they want to select. There are plenty of other competitors in that space: * [portmap.io](https://portmap.io/) @@ -104,7 +104,7 @@ You need to [create a new Identity](docId:aT6VAB297OWLd4vqeXxf5) for your storag ## 3.4. Wallet address -The article [](docId:66d6c295-53e4-4308-9cde-1c6193155f52) will let you create a valid STORJ token address if you do not already have one. If you already have a compatible STORJ payout address, or an address made with another [ERC20 compatible wallet](docId:a045be02-e05a-11ef-9338-6045bd1fa4e3), you can continue with the steps below. +The article [](docId:66d6c295-53e4-4308-9cde-1c6193155f52) will let you create a valid USDC payout address if you do not already have one. If you already have a compatible payout address, or an address made with another [ERC20 compatible wallet](docId:a045be02-e05a-11ef-9338-6045bd1fa4e3), you can continue with the steps below. ## 3.5. Storage Location diff --git a/app/(docs)/node/faq/storage-bandwidth-usage/page.md b/app/(docs)/node/faq/storage-bandwidth-usage/page.md index c039b056f..afd7f620b 100644 --- a/app/(docs)/node/faq/storage-bandwidth-usage/page.md +++ b/app/(docs)/node/faq/storage-bandwidth-usage/page.md @@ -7,6 +7,6 @@ redirects: The quick answer is that your Node's reputation is still growing. The Node isn't yet storing stripes of frequently accessed pieces. Luckily for Storage Node Operators, we’ve optimized the network to provide the maximum amount of bandwidth allocation based on the operation of a single node in a bandwidth-constrained environment. -This means that running a single Node per location (where one location = a discrete network with a separate IP address and bandwidth/bandwidth cap) will yield the best results (highest reputation, most storage contracts from satellites, and most earned STORJ tokens) for Storage Node Operators. +This means that running a single Node per location (where one location = a discrete network with a separate IP address and bandwidth/bandwidth cap) will yield the best results (highest reputation, most storage contracts from satellites, and most earned payouts) for Storage Node Operators. Bandwidth volume measures how much storage can be uploaded and downloaded from a Storage Node. Upload bandwidth speed is critical to delivering data to developers, partners, and other companies/ individuals storing data on the network, with low latency. Fast upload bandwidth has the potential to greatly impact earnings for storage node operators. diff --git a/app/(docs)/node/faq/wallet-address-for-storagenode/page.md b/app/(docs)/node/faq/wallet-address-for-storagenode/page.md index 99cccc11e..1e16316dc 100644 --- a/app/(docs)/node/faq/wallet-address-for-storagenode/page.md +++ b/app/(docs)/node/faq/wallet-address-for-storagenode/page.md @@ -2,14 +2,14 @@ title: Wallet address for storagenode docId: 66d6c295-53e4-4308-9cde-1c6193155f52 metadata: - title: ERC20-compatible wallet address for STORJ tokens - description: Learn what is valid wallet address to receive STORJ ERC20 tokens. + title: ERC20-compatible wallet address for USDC payouts + description: Learn what is valid wallet address to receive USDC payouts. redirects: - /hc/en-us/articles/360029700972-Wallet-address-for-storagenode --- -Here is walkthrough for one of the popular software wallet - [https://MyEtherWallet.com](https://MyEtherWallet.com) . The following step will let you create a valid STORJ token address if you do not already have one. If you already have a compatible STORJ payout address, or an address made with another ERC20 compatible wallet such as Metamask, Parity or Mist, you can skip this article. +Here is walkthrough for one of the popular software wallet - [https://MyEtherWallet.com](https://MyEtherWallet.com) . The following step will let you create a valid USDC payout address if you do not already have one. If you already have a compatible payout address, or an address made with another ERC20 compatible wallet such as Metamask, Parity or Mist, you can skip this article. -First we will add a STORJ ERC20 payout address. STORJ is the name of the token which is used to pay the Operators for renting out their storage space. STORJ has a monetary value and divisibility which makes it suitable as a means of payment. To create a new payout address, you can use any compatible ethereum wallet; we use [https://www.myetherwallet.com/ (MEW)](https://www.myetherwallet.com/) here as example. There are many other options available; Storj Labs does not endorse any particular wallet, please choose the one you are most comfortable with. +First we will add an ERC20 payout address. Operators are paid in USDC, a US dollar stablecoin on the Ethereum network, for renting out their storage space. To create a new payout address, you can use any compatible ethereum wallet; we use [https://www.myetherwallet.com/ (MEW)](https://www.myetherwallet.com/) here as example. There are many other options available; Storj Labs does not endorse any particular wallet, please choose the one you are most comfortable with. You have three options how to create a new wallet on MEW site @@ -54,4 +54,4 @@ Write down your mnemonic phrase or print it. Then click on **I Wrote Down My Mne Do NOT use an exchange wallet address, the micropayments wont work with an exchanges' deposit addresses. You could lose your payments, if you would use an exchanges' deposit address instead of your wallet. -{% /callout %} +{% /callout %} diff --git a/app/(docs)/node/faq/what-is-the-storj-token/page.md b/app/(docs)/node/faq/what-is-the-storj-token/page.md index 2d9fe7789..c60b7e22e 100644 --- a/app/(docs)/node/faq/what-is-the-storj-token/page.md +++ b/app/(docs)/node/faq/what-is-the-storj-token/page.md @@ -1,14 +1,15 @@ --- -title: What is the STORJ token? +title: What is the STORJ token, and what does Storj pay in now? docId: e9c616d7-f4a5-47cb-93b7-3e8e3ce05928 redirects: - /hc/en-us/articles/360026611072-What-is-the-STORJ-token - /hc/en-us/articles/360026611072 --- -STORJ is a utility token on the Ethereum network which follows the [ERC20 standard](https://en.wikipedia.org/wiki/ERC20). STORJ tokens allow you to purchase storage or earn money for renting your free hard drive space regardless of where in the world you are located (the only exception are countries currently embargoed by the US government which for legal reasons Storj Labs cannot serve). STORJ token can be used directly on Ethereum blockchain for its transactions on Layer 1, and zkSync for transactions on Layer 2. +STORJ is a utility token on the Ethereum network which follows the [ERC20 standard](https://en.wikipedia.org/wiki/ERC20). It was previously used to pay Storage Node Operators and to pay for storage on the Storj network. -{% callout type="warning" %} -[zkSync Era layer 2 payout method is sunset on September 1, 2026](https://forum.storj.io/t/sunsetting-zksync-for-storagenode-payouts/32513). Starting September 1, 2026 all opted-in wallets will receive a payout via layer 1 (Ethereum), if the unpaid amount would clear a [minimum payout threshold](docId:DVKqtMtnBdZ99gFRWCojP#minimum-payment-thresholds). +Storj now uses USD Coin (USDC) instead of STORJ. USDC is a stablecoin issued by a third party that is designed to hold a value of one US dollar. It is also an ERC20 token on the Ethereum network. -Please note that we are considering discontinuing support for the zkSync Era [payment method](docId:7U4_uu6Pzg6u2N6FpV9VE) soon. -{% /callout %} +- **Storage Node Operators** receive their payouts in USDC on Ethereum (Layer 1). See [](docId:DVKqtMtnBdZ99gFRWCojP) for details. +- **Customers** can pay for storage by depositing USDC on Ethereum (Layer 1). See [payment methods](docId:7U4_uu6Pzg6u2N6FpV9VE) for details. + +The zkSync Era Layer 2 payout method was [sunset on September 1, 2026](https://forum.storj.io/t/sunsetting-zksync-for-storagenode-payouts/32513). diff --git a/app/(docs)/node/faq/why-not-pay-in-fiat/page.md b/app/(docs)/node/faq/why-not-pay-in-fiat/page.md index a7878b05a..b7a3015c8 100644 --- a/app/(docs)/node/faq/why-not-pay-in-fiat/page.md +++ b/app/(docs)/node/faq/why-not-pay-in-fiat/page.md @@ -1,5 +1,5 @@ --- -title: Why does Storj Labs not pay Storage Node Operators directly in USD? +title: Why does Storj pay Storage Node Operators in USDC instead of USD? docId: 37344d79-8559-46e3-95c8-5848a9f2ddbd redirects: - /hc/en-us/articles/360061043591-Why-does-Storj-Labs-not-pay-Storage-Node-Operators-directly-in-USD @@ -10,6 +10,6 @@ At the time this article was published we had storage node operators located in Another problem is that sending international wire transfers is usually very slow and frequently involves very costly transaction fees. Even after paying the high fees, the transfer may still fail, get lost or be rejected. -In the case of STORJ tokens, we are not faced with the above mentioned problems in most cases (you would need to consult with a local attorney and your tax office regarding any local legal requirements around cryptocurrencies, we do not guarantee that receiving tokens is allowed in your country). +Paying in USDC avoids most of these problems while keeping the value of your payout in US dollars. USDC is a stablecoin designed to hold a value of one US dollar, so your payout is not exposed to the price swings of other cryptocurrencies. You would need to consult with a local attorney and your tax office regarding any local legal requirements around cryptocurrencies. We do not guarantee that receiving USDC is allowed in your country. -Also, the STORJ tokens you earn for sharing your hard drive and bandwidth can be used to pay for our Storj DCS service to store your files in our decentralized end-to-end encrypted S3 compatible cloud storage. +The USDC you earn for sharing your hard drive and bandwidth can also be used to pay for Storj storage for your own files. diff --git a/app/(docs)/node/get-started/install-node-software/gui-windows/storage-node/page.md b/app/(docs)/node/get-started/install-node-software/gui-windows/storage-node/page.md index 8b77e3bef..14add4658 100644 --- a/app/(docs)/node/get-started/install-node-software/gui-windows/storage-node/page.md +++ b/app/(docs)/node/get-started/install-node-software/gui-windows/storage-node/page.md @@ -28,7 +28,7 @@ weight: 0 ![Identity folder selection screen](https://link.us1.storjshare.io/raw/jua7rls6hkx5556qfcmhrqed2tfa/docs/images/LL0TW17fdolT5vFvZa0OX_pasted-image-0.png) -6. Enter your [ERC-20 compatible wallet address](docId:a045be02-e05a-11ef-9338-6045bd1fa4e3) where you want to receive your STORJ token payouts. +6. Enter your [ERC-20 compatible wallet address](docId:a045be02-e05a-11ef-9338-6045bd1fa4e3) where you want to receive your USDC payouts. ![Operator information - Ethereum wallet](https://link.us1.storjshare.io/raw/jua7rls6hkx5556qfcmhrqed2tfa/docs/images/85j1PrZepUeQGCYMGFKJw_pasted-image-0.png) diff --git a/app/(docs)/node/get-started/setup/page.md b/app/(docs)/node/get-started/setup/page.md index 5a2c06961..68484b03c 100644 --- a/app/(docs)/node/get-started/setup/page.md +++ b/app/(docs)/node/get-started/setup/page.md @@ -10,7 +10,7 @@ metadata: ## Introduction -By becoming a Storage Node Operator you enable your unused hard drive space to be accessible by the Storj storage services. Once your node is up and running you will be compensated in STORJ for any storage and bandwidth usage accessing your node. +By becoming a Storage Node Operator you enable your unused hard drive space to be accessible by the Storj storage services. Once your node is up and running you will be compensated in USDC for any storage and bandwidth usage accessing your node. {% callout type="warning" %} **Failure to complete these steps will prevent your storage node from working.** diff --git a/app/(docs)/node/payouts/page.md b/app/(docs)/node/payouts/page.md index bebc55142..8b271079e 100644 --- a/app/(docs)/node/payouts/page.md +++ b/app/(docs)/node/payouts/page.md @@ -10,6 +10,8 @@ weight: 10 Storage Node Operators are compensated for the resources that are used by Storj Satellites for their nodes every month. Our payout policy and details can be found on the [Storage Node Operator Terms and Conditions](https://storj.io/storj-operator-terms/). In the event of a conflict between this documentation and Node Operator Terms & Conditions, the Node Operator Terms & Conditions shall govern. +Payouts are made in USD Coin (USDC), a US dollar stablecoin, on the Ethereum blockchain. Earnings are calculated in USD and paid at one USDC per US dollar, so there is no exchange rate to track. Storj no longer pays out in STORJ tokens. + ## Understanding How Storage Nodes are Paid on the Storj Network This document explains how storage node operators are paid for the data they store and the bandwidth that is utilized by Storj. Storage node operators are paid for the resources actually used on the service by Storj Labs-operated satellites. Any satellites operated by third parties not associated with Storj Labs may be subject to different terms, rates and payment methodologies. @@ -78,7 +80,7 @@ Storage node operators have two options for payment, and these options impact wh ## Ethereum layer 1 transactions -The default behavior is for us to transmit funds using Ethereum layer 1 (standard ERC20 transactions) for our STORJ token. This fee is calculated using the Ethereum gas costs of similar transactions, the gas to ETH conversion prices, and the price of ETH. +The default behavior is for us to transmit funds using Ethereum layer 1 (standard ERC20 transactions) in USDC. This fee is calculated using the Ethereum gas costs of similar transactions, the gas to ETH conversion prices, and the price of ETH. {% callout type="info" %} **Example calculation for layer 1 transaction:** diff --git a/app/(docs)/support/account-management-billing/billing/page.md b/app/(docs)/support/account-management-billing/billing/page.md index a9d8e5b00..f2d38e7e7 100644 --- a/app/(docs)/support/account-management-billing/billing/page.md +++ b/app/(docs)/support/account-management-billing/billing/page.md @@ -19,28 +19,26 @@ metadata: Manage your Billing, Invoices and Payment methods -The Billing screen allows you to see all your projects and their **Total Estimated Charges** for the current Billing Period and **Available Balance** on the **Overview** tab. You can check **Transactions** for your STORJ deposit address on the **Payment Methods** tab. Your invoices you can see on the **Billing History** tab, your coupons and [](docId:i6OGJ9eZJC7Vw04nKSqcD) you can see and add on the **Coupons** tab. +The Billing screen allows you to see all your projects and their **Total Estimated Charges** for the current Billing Period and **Available Balance** on the **Overview** tab. You can check **Transactions** for your USDC deposit address on the **Payment Methods** tab. Your invoices you can see on the **Billing History** tab, your coupons and [](docId:i6OGJ9eZJC7Vw04nKSqcD) you can see and add on the **Coupons** tab. You can expand any Project to see details of the charge. See [](docId:59T_2l7c1rvZVhI8p91VX) for details. ## Add a Payment Method -To add a [](docId:7U4_uu6Pzg6u2N6FpV9VE) you can switch to the **Payment Methods** tab and select **Add STORJ Tokens** or Add New Payment Method. +To add a [](docId:7U4_uu6Pzg6u2N6FpV9VE) you can switch to the **Payment Methods** tab and select **Add USDC** or Add New Payment Method. Please read the [](docId:59T_2l7c1rvZVhI8p91VX) section for details. -### Adding STORJ tokens +### Adding USDC -You can select to **Add STORJ Tokens** on the **_Billing - Payment Methods_** screen, the deposit address will be automatically generated for you. +You can select to **Add USDC** on the **_Billing - Payment Methods_** screen, the deposit address will be automatically generated for you. -If you click **Add funds** button, you will see a screen with QR code and your deposit address where you can send your STORJ tokens. +If you click **Add funds** button, you will see a screen with QR code and your deposit address where you can send your USDC. -When you will pay the needed amount of STORJ, they will be added automatically to your **Available Balance** in USD value. +When you pay the needed amount of USDC, it will be added automatically to your **Available Balance** in USD value. {% callout type="warning" %} -This deposit address supports only L1 ERC20 STORJ transactions on the Ethereum network and L2 ERC20 STORJ transactions on the zkSync Era network. zkSync Lite, Polygon and other Layer 2 protocols are not supported at this time. - -Please note that we are considering discontinuing support for the zkSync Era [payment method](docId:7U4_uu6Pzg6u2N6FpV9VE) soon. +This deposit address supports only ERC20 USDC transactions on the Ethereum network (L1). zkSync, Polygon and other Layer 2 protocols are not supported. Tokens other than USDC, including STORJ, will not be credited to your account. {% /callout %} {% callout type="info" %} diff --git a/app/(docs)/support/account-management-billing/data-retention-policy/page.md b/app/(docs)/support/account-management-billing/data-retention-policy/page.md index c32fe20b0..1058092bc 100644 --- a/app/(docs)/support/account-management-billing/data-retention-policy/page.md +++ b/app/(docs)/support/account-management-billing/data-retention-policy/page.md @@ -10,4 +10,4 @@ metadata: payment and usage limits. --- -All unpaid balances must be paid via a valid payment method in a billing cycle. Note that if no valid payment method remains on an account, usage limits may be reduced to zero. If all credit cards expire or are invalid, or the STORJ token balance is exhausted and no new payment method is added on a project, after a reasonable time and opportunity to add a payment method, we reserve the right to reclaim the available resources (the storage space and bandwidth made available by Storage Node Operators to the Storj network) and delete the data from Storj if a valid payment method is not added and any unpaid fees are not paid. +All unpaid balances must be paid via a valid payment method in a billing cycle. Note that if no valid payment method remains on an account, usage limits may be reduced to zero. If all credit cards expire or are invalid, or the USDC balance is exhausted and no new payment method is added on a project, after a reasonable time and opportunity to add a payment method, we reserve the right to reclaim the available resources (the storage space and bandwidth made available by Storage Node Operators to the Storj network) and delete the data from Storj if a valid payment method is not added and any unpaid fees are not paid. diff --git a/app/(docs)/support/account-management-billing/payment-methods/changing-payment-methods/page.md b/app/(docs)/support/account-management-billing/payment-methods/changing-payment-methods/page.md index 3d4d381ec..371c8bf35 100644 --- a/app/(docs)/support/account-management-billing/payment-methods/changing-payment-methods/page.md +++ b/app/(docs)/support/account-management-billing/payment-methods/changing-payment-methods/page.md @@ -7,7 +7,7 @@ metadata: title: Switching Payment Methods description: Guide on how to change payment methods on an account, including switching - between credit cards and STORJ tokens. + between credit cards and USDC. --- Users may change payment methods on accounts, but at least one valid payment method must be configured on an account at all times. @@ -18,14 +18,14 @@ If you want to change the credit card on an account, follow the process outlined Once a second card has been added, you may select the new card as the Default card. It will now be possible to remove the other card. -### Changing from Credit Card to STORJ Token +### Changing from Credit Card to USDC -If you want to pay only in STORJ token, you must not add a credit card and should only have a STORJ token balance on the account. If you previously added a credit card and want to pay using STORJ token instead, follow the instructions above to deposit funds to the account using STORJ token. +If you want to pay only in USDC, you must not add a credit card and should only have a USDC balance on the account. If you previously added a credit card and want to pay using USDC instead, follow the instructions above to deposit funds to the account using USDC. -If a user wants to remove a credit card that has been added to an account and only use STORJ, the user should add a deposit to the account using the instructions above, then submit a [support request](https://supportdcs.storj.io/hc/en-us/requests/new) to remove the credit card. +If a user wants to remove a credit card that has been added to an account and only use USDC, the user should add a deposit to the account using the instructions above, then submit a [support request](https://supportdcs.storj.io/hc/en-us/requests/new) to remove the credit card. -As described above any invoices will be first debited against the STORJ token payment balance and only if an unpaid balance remains will the credit card be debited. +As described above any invoices will be first debited against the USDC payment balance and only if an unpaid balance remains will the credit card be debited. -### Changing from STORJ token to Credit Card +### Changing from USDC to Credit Card -If a user wants to change from paying only in STORJ token to paying with a credit card, the user should add a credit card to the account. Any invoices will be first debited against the remaining STORJ token payment balance and once the balance is exhausted, any unpaid balance remaining will be debited against the credit card. All future payments will then be debited against the credit card. +If a user wants to change from paying only in USDC to paying with a credit card, the user should add a credit card to the account. Any invoices will be first debited against the remaining USDC payment balance and once the balance is exhausted, any unpaid balance remaining will be debited against the credit card. All future payments will then be debited against the credit card. diff --git a/app/(docs)/support/account-management-billing/payment-methods/debits-against-payment-methods/page.md b/app/(docs)/support/account-management-billing/payment-methods/debits-against-payment-methods/page.md index 572fffdbe..47698b6ae 100644 --- a/app/(docs)/support/account-management-billing/payment-methods/debits-against-payment-methods/page.md +++ b/app/(docs)/support/account-management-billing/payment-methods/debits-against-payment-methods/page.md @@ -7,7 +7,7 @@ metadata: title: Payment Method Hierarchy & Order of Operations description: 'Explanation of the order in which payments are debited against various - methods: Coupons, Credits, STORJ Token, credit card, along with implications of + methods: Coupons, Credits, USDC, credit card, along with implications of unpaid balances.' --- @@ -17,8 +17,8 @@ If you have an amount due, your payment methods will be debited in the following 2. **Credits** - After applying any Coupons, any valid Credit (including the balance after use of an "Add funds" feature) on an account will then be used to pay an invoice amount. If the entire invoice is paid from the amount of valid Credits on an account, no further payment is needed. If, after all Credits are exhausted in a billing cycle, a balance on an invoice remains, the balance will be debited to the next available payment method; -3. **STORJ Token Balance** - After applying any Coupons and Credits, any valid STORJ token balance on an account will then be used to pay an invoice amount. If the entire invoice is paid from the amount of STORJ token balance on an account, no further payment is needed. If, after all STORJ token balance is exhausted in a billing cycle, a balance on an invoice remains, the balance will be debited to the next available payment method; +3. **USDC Balance** - After applying any Coupons and Credits, any valid USDC balance on an account will then be used to pay an invoice amount. If the entire invoice is paid from the amount of USDC balance on an account, no further payment is needed. If, after all USDC balance is exhausted in a billing cycle, a balance on an invoice remains, the balance will be debited to the next available payment method; -4. **Credit Card** - After applying any available Coupons, Credits, or STORJ tokens, any valid credit card on the account will be used to pay the invoice amount. If the entire invoice is paid using a credit card on the account, no further payment is required. If a credit card payment is partially or fully rejected and a balance remains on the invoice, the user will be notified by email sent to the registered email address on the account regarding the unpaid balance that must be paid. +4. **Credit Card** - After applying any available Coupons, Credits, or USDC, any valid credit card on the account will be used to pay the invoice amount. If the entire invoice is paid using a credit card on the account, no further payment is required. If a credit card payment is partially or fully rejected and a balance remains on the invoice, the user will be notified by email sent to the registered email address on the account regarding the unpaid balance that must be paid. All unpaid balances must be paid via a valid payment method in a billing cycle. Note that, if there is no valid payment method on an account, and a new payment method is not added within a reasonable amount of time, we reserve the right to reduce account usage limits to zero and/or reclaim the available resources (the storage space and bandwidth made available by Storage Node Operators to the Storj network) and delete your data stored on the network pursuant to our data retention policy. diff --git a/app/(docs)/support/account-management-billing/payment-methods/expired-credit-card/page.md b/app/(docs)/support/account-management-billing/payment-methods/expired-credit-card/page.md index a60a62627..d8ce11b76 100644 --- a/app/(docs)/support/account-management-billing/payment-methods/expired-credit-card/page.md +++ b/app/(docs)/support/account-management-billing/payment-methods/expired-credit-card/page.md @@ -10,6 +10,6 @@ metadata: continuity. --- -If the default credit card on an account expires, an email will be sent to the registered email address on the account notifying the owner of the account that the credit card has expired. If a secondary credit card has been added to the account, the secondary card will be charged for any usage fees, and service will not be interrupted. If a secondary card is not added and the user did not enable a STORJ payment method, a valid payment method must be added to the account. +If the default credit card on an account expires, an email will be sent to the registered email address on the account notifying the owner of the account that the credit card has expired. If a secondary credit card has been added to the account, the secondary card will be charged for any usage fees, and service will not be interrupted. If a secondary card is not added and the user did not enable a USDC payment method, a valid payment method must be added to the account. All unpaid balances must be paid via a valid payment method in a billing cycle. Note that if no valid payment method remains on an account, usage limits may be reduced to zero. Data stored on an account with no valid payment method is subject to the [](docId:mF90KbpC-8pOWqTK5FW_n). diff --git a/app/(docs)/support/account-management-billing/payment-methods/how-can-I-use-the-storj-token-to-pay/page.md b/app/(docs)/support/account-management-billing/payment-methods/how-can-I-use-the-storj-token-to-pay/page.md index abc4f3e08..c9a5ce141 100644 --- a/app/(docs)/support/account-management-billing/payment-methods/how-can-I-use-the-storj-token-to-pay/page.md +++ b/app/(docs)/support/account-management-billing/payment-methods/how-can-I-use-the-storj-token-to-pay/page.md @@ -1,22 +1,18 @@ --- -title: How can I use the STORJ token as form of payment? +title: How can I pay with USDC? docId: a8e2a13e-4c15-421a-9b6b-268f1809d919 redirects: - /hc/en-us/articles/360037906911-How-can-I-use-the-STORJ-token-as-form-of-payment - /hc/en-us/articles/360037906911 --- -You can use the STORJ token to buy storage on the Storj network to power apps and ecosystems built on the Storj platform, and to gain access to other services that may be offered by the Storj platform, such as DNS and TLS automation. You also will get a 10% bonus for using STORJ tokens as form of payment. +You can use USD Coin (USDC) to buy storage on the Storj network and to pay for other services offered by the Storj platform, such as DNS and TLS automation. -As the number of apps and ecosystems built on the Storj network grows, so too will the number of uses for the STORJ token! - -![](https://link.us1.storjshare.io/raw/jua7rls6hkx5556qfcmhrqed2tfa/docs/images/mceclip0.png) - -The billing page for your satellite account offers an option to select your payment method. This is where you would choose "Add STORJ Tokens" which will then show the screen with STORJ deposit address and QR, it accepts only STORJ ERC20 Tokens via L1 (Ethereum) or L2 (zkSync Era only) to in order to be credited to your account in USD equivalent on the sent date. - -{% callout type="warning" %} -Please note that we are considering discontinuing support for the zkSync Era [payment method](docId:7U4_uu6Pzg6u2N6FpV9VE) soon. +{% callout type="info" %} +Storj no longer accepts the STORJ token as a form of payment, and the 10% bonus for paying with STORJ tokens has been discontinued. {% /callout %} -Once your STORJ deposit is confirmed by StorjScan, the value of your STORJ deposit in USD will be shown in your Storj account on the billing page as available balance after an additional waiting period which may last up to several hours, depending on the time taken by StorjScan to pass the payment to the Storj platform. +The billing page for your account offers an option to select your payment method. This is where you would choose "Add USDC", which will then show the screen with your USDC deposit address and QR code. It accepts only USDC via L1 (Ethereum). Each USDC is credited to your account as one US dollar. + +Once your USDC deposit is confirmed, its value will be shown in your Storj account on the billing page as available balance after an additional waiting period which may last up to several hours. -You can see more detailed instructions on how to pay with STORJ token in the [billing & payment](docId:Hurx0SirlRp_O5aUzew7_) section of our Storj documentation. +You can see more detailed instructions on how to pay with USDC in the [billing & payment](docId:Hurx0SirlRp_O5aUzew7_) section of our Storj documentation. diff --git a/app/(docs)/support/account-management-billing/payment-methods/page.md b/app/(docs)/support/account-management-billing/payment-methods/page.md index f659674d7..387dd82a9 100644 --- a/app/(docs)/support/account-management-billing/payment-methods/page.md +++ b/app/(docs)/support/account-management-billing/payment-methods/page.md @@ -7,15 +7,15 @@ metadata: title: Payment Methods and Policies description: Learn about the payment methods accepted by Storj, the process for - adding a payment method, and unique guidelines for using credit card and STORJ - token for payments. + adding a payment method, and unique guidelines for using credit card and USDC + for payments. --- Storj accepts the following several payment methods: 1. Credit Card -2. STORJ Token - ERC20 compatible utility token that leverages the Ethereum blockchain +2. USDC - a US dollar stablecoin (ERC20 token on the Ethereum blockchain) 3. Google Pay (available only in the browser logged in to your Google Account with enabled Google Pay) @@ -59,33 +59,29 @@ You’ll be prompted to add your card information. Using a credit card is somewh - If a credit card expires, a user will receive a notification to the registered email on the account, however, if a new payment method is not added within a reasonable amount of time, we reserve the right to reclaim the available storage and bandwidth, reset usage limits to zero and delete any data stored on the account pursuant to our data retention policy. -## Using STORJ Token +## Using USDC -In addition to credit cards, users may also pay for usage fees with STORJ token. Storj created the STORJ utility token as a medium of exchange on its decentralized cloud storage network. The STORJ utility token facilitates payments from people around the world for their use of the Storj network to store their data, and Storj uses it to pay our community of Storage Node Operators that rent their unused hard drive capacity and bandwidth to the network. +In addition to credit cards, users may also pay for usage fees with USD Coin (USDC). USDC is a stablecoin issued by a third party that is designed to hold a value of one US dollar. It is an ERC20 token on the Ethereum blockchain. -Making payments with STORJ token is a different process than using a credit card. When using STORJ as your payment method, you commit to using a pre-payment model, which means you must first deposit X amount of STORJ tokens, which will be automatically converted to Y amount of $USD based on the spot price of the token at the time of the payment transaction. +Making payments with USDC is a different process than using a credit card. When using USDC as your payment method, you commit to using a pre-payment model, which means you must first deposit USDC to your account. Each USDC you deposit is added to your account balance as one US dollar. {% callout type="info" %} -Please note that at the moment your deposit address in your account can accept only L1 (Ethereum) and zkSync Era (L2) transactions with STORJ tokens. zkSync Lite and any other blockchains are not supported and will result in loss of funds. - -Please note that we are considering discontinuing support for the zkSync Era payment method soon. +Please note that your deposit address can accept only USDC transactions on the Ethereum network (L1). zkSync, other Layer 2 networks and other blockchains are not supported and will result in loss of funds. Tokens other than USDC, including STORJ, sent to the deposit address will not be credited to your account. {% /callout %} {% callout type="info" %} -Important: If a user does not want to add a credit card but wants to pay only via STORJ token, they should exclusively deposit STORJ token and should not add a credit card to their account because, once a credit card is added as a payment method, it can only be removed by closing the account or requesting removal of the credit card after adding STORJ token, using the support process defined in this documentation. +Important: If a user does not want to add a credit card but wants to pay only via USDC, they should exclusively deposit USDC and should not add a credit card to their account because, once a credit card is added as a payment method, it can only be removed by closing the account or requesting removal of the credit card after adding USDC, using the support process defined in this documentation. {% /callout %} -Depending on the amount of platform usage and the usage limits configured on your account, you may be required to keep a minimum deposit of STORJ token on your account to ensure monthly usage fees are paid in full each billing cycle. - -We realize the STORJ token price can fluctuate, so our billing system is designed to ensure any such fluctuation does not affect the amount deposited in terms of USD. The value attributed to your account will be based on the STORJ to USD exchange rate at the time of deposit, not at the time of usage or bill payment. In other words, the account balance will be incremented by the USD equivalent of any STORJ deposit as soon as the deposit gets registered on Stripe. This is intended to minimize the potential impact of fluctuations in the STORJ token price because the price is fixed in USD on an account until the deposit balance is exhausted. +Depending on the amount of platform usage and the usage limits configured on your account, you may be required to keep a minimum deposit of USDC on your account to ensure monthly usage fees are paid in full each billing cycle. -To deposit STORJ tokens in an account, open a **_Payment Methods_** tab on the **Billing** page and click **Add STORJ tokens**, then use provided deposit address to deposit STORJ tokens via L1 (Ethereum). +To deposit USDC in an account, open a **_Payment Methods_** tab on the **Billing** page and click **Add USDC**, then use the provided deposit address to deposit USDC on the Ethereum network. {% callout type="info" %} Important: The deposit address generated for your account is a deposit-only address to prepay for usage on the Storj Platform. Users are not able to remove or otherwise withdraw tokens from this address. Any request for a refund or return of an unused prepaid deposit must follow the support process [](docId:LX9pqXsAduR8LEaEiX_It). {% /callout %} -If the STORJ token balance runs out, a user will receive a notification to the registered email on the account. However, if a new payment is not added within a reasonable amount of time, Storj reserves the right to reduce account usage limits to zero and/or reclaim the available storage and bandwidth resources and delete your data stored on the network pursuant to our data retention policy. +If the USDC balance runs out, a user will receive a notification to the registered email on the account. However, if a new payment is not added within a reasonable amount of time, Storj reserves the right to reduce account usage limits to zero and/or reclaim the available storage and bandwidth resources and delete your data stored on the network pursuant to our data retention policy. ## Using Online payment link in the Open invoice This option is available only in the Opened unpaid invoices. You need to download the invoice PDF from the Billing History and open it, then click the Online payment link. diff --git a/app/(docs)/support/account-management-billing/payment-methods/promotional-credits/page.md b/app/(docs)/support/account-management-billing/payment-methods/promotional-credits/page.md index 70fef3d84..e2de68d86 100644 --- a/app/(docs)/support/account-management-billing/payment-methods/promotional-credits/page.md +++ b/app/(docs)/support/account-management-billing/payment-methods/promotional-credits/page.md @@ -14,7 +14,7 @@ The Storj Service includes incentive programs to encourage adoption and use of t ## Credits -Credits are a bonus amount that is deposited to a user’s account that the user receives when paying in STORJ token. Credits may be offered from time to time, at varying percentages, at our sole discretion. You will be notified at the time of your deposit if a Credit is offered. Credits are non-refundable and unused Credits expire when you close the account. +Credits are a bonus amount that was previously deposited to a user’s account when paying in STORJ token. The deposit bonus has been discontinued, and deposits made in USDC do not receive a bonus. Credits already on an account remain available to pay for usage. Credits are non-refundable and unused Credits expire when you close the account. ### Coupons diff --git a/app/(docs)/support/account-management-billing/reporting-a-payment-problem/page.md b/app/(docs)/support/account-management-billing/reporting-a-payment-problem/page.md index 8bdbffedd..72db3b51d 100644 --- a/app/(docs)/support/account-management-billing/reporting-a-payment-problem/page.md +++ b/app/(docs)/support/account-management-billing/reporting-a-payment-problem/page.md @@ -7,13 +7,13 @@ metadata: title: Resolving Payment Issues description: Instructions on how to address payment problems with Storj, whether - it's a credit card payment via Stripe or a STORJ token transaction via CoinPayments. + it's a credit card payment via Stripe or a USDC deposit. --- -We use best-in-class partners for payment processing (Stripe for credit card payments and CoinPayments for STORJ utility token transactions). Still, sometimes unanticipated issues can arise. +We use best-in-class partners for payment processing (Stripe for credit card payments). Still, sometimes unanticipated issues can arise. If the issue is with a credit card payment, please start by submitting a support ticket through our [Storj support portal](https://supportdcs.storj.io/hc/en-us/requests/new). We will attempt to resolve the issue prior to escalating with Stripe. -If the issue is with a STORJ token transaction, you should first contact CoinPayments to confirm that your STORJ token transaction was received by CoinPayments. Once you have documentation from CoinPayments that the STORJ token transaction was processed, submit a support ticket through our [support portal](https://supportdcs.storj.io/hc/en-us/requests/new), including any documentation you have for the STORJ token transaction. +If the issue is with a USDC deposit, first check that the transaction was confirmed on the Ethereum network, for example on [Etherscan](https://etherscan.io/). Deposits can take up to 4 hours to appear in your balance. If the transaction is confirmed and your balance still has not been updated, submit a support ticket through our [support portal](https://supportdcs.storj.io/hc/en-us/requests/new), including the transaction hash. -Please note that “Smart Contract" wallets such as Argent Wallet, Authereum and Gnosis are not compatible for making deposits of STORJ token via CoinPayments. Please only send your STORJ from a wallet that does not use a smart contract by default to send the tokens. Any problems arising from attempts to send STORJ deposits to CoinPayments via a “Smart Contract” wallet should be resolved by contacting +Please note that the deposit address accepts only USDC on the Ethereum network (L1). Deposits sent on other networks, or of tokens other than USDC, will not be credited to your account. diff --git a/app/(docs)/support/account-management-billing/requesting-a-refund/page.md b/app/(docs)/support/account-management-billing/requesting-a-refund/page.md index f0ea230b9..cc13ff208 100644 --- a/app/(docs)/support/account-management-billing/requesting-a-refund/page.md +++ b/app/(docs)/support/account-management-billing/requesting-a-refund/page.md @@ -7,8 +7,8 @@ metadata: title: Procedure for Refund Request description: Guidelines for customers requesting refunds on the platform, subject - to the conditions specified in Storj's terms of use and service. STORJ token transactions, + to the conditions specified in Storj's terms of use and service. USDC transactions, coupons, and credits have special refund conditions. --- -We want all of our users to receive value when they choose the Storj Platform for their storage needs. While we strive to provide world-class service it is possible that a customer may request a refund. Refunds will only be granted based on the circumstances set forth in the [Terms of Use](https://www.storj.io/terms-of-use) and [Terms of Service](https://www.storj.io/terms-of-service). Coupons and Credits are not refundable under any circumstances. Prepayments made via STORJ token transactions are nonrefundable unless an account is being closed. +We want all of our users to receive value when they choose the Storj Platform for their storage needs. While we strive to provide world-class service it is possible that a customer may request a refund. Refunds will only be granted based on the circumstances set forth in the [Terms of Use](https://www.storj.io/terms-of-use) and [Terms of Service](https://www.storj.io/terms-of-service). Coupons and Credits are not refundable under any circumstances. Prepayments made via USDC transactions are nonrefundable unless an account is being closed. diff --git a/app/(docs)/support/faqs/page.md b/app/(docs)/support/faqs/page.md index be4ddf932..c90a1c234 100644 --- a/app/(docs)/support/faqs/page.md +++ b/app/(docs)/support/faqs/page.md @@ -139,9 +139,9 @@ You can generate a restricted Access Grant from the Satellite user interface, us For some sample Go code around access-restriction, check out: -## How do I pay with Storj Token? +## How do I pay with USDC? -When you decide to become a paid customer of Storj, you can choose to pay with a credit card or using STORJ token. The process for adding a payment method is covered in [](docId:59T_2l7c1rvZVhI8p91VX). +When you decide to become a paid customer of Storj, you can choose to pay with a credit card or using USDC. The process for adding a payment method is covered in [](docId:59T_2l7c1rvZVhI8p91VX). ## What are the current rate and usage limits? @@ -149,7 +149,7 @@ The default usage limits for a new account are published on the [](docId:Zrbz4XY ## How do I increase my usage limits? -The default usage limits may not be suitable for all projects. Usage limits may be increased for paid tier accounts. A valid credit card or a sufficient balance of STORJ token relative to the usage limit increase requested as the payment method must be added before a [usage limit request form may be submitted](https://supportdcs.storj.io/hc/en-us/requests/new?ticket_form_id=360000683212). Please note that you will be required to verify email address on account by making a help desk account before requesting a limit increase. +The default usage limits may not be suitable for all projects. Usage limits may be increased for paid tier accounts. A valid credit card or a sufficient balance of USDC relative to the usage limit increase requested as the payment method must be added before a [usage limit request form may be submitted](https://supportdcs.storj.io/hc/en-us/requests/new?ticket_form_id=360000683212). Please note that you will be required to verify email address on account by making a help desk account before requesting a limit increase. For more information on rate limits view the [](docId:Zrbz4XYhIOm99hhRShWHg) section under Concepts.