oceanprotocol/docs
1
0
Fork 0
mirror of https://github.com/oceanprotocol/docs.git synced 2024-11-26 19:49:26 +01:00
Code Releases Activity

Updated "When to Claims" Section (#1201)

Browse Source 
* Updated When to Claims ection - Thursday midnight GMT, calculated based on many factors including veOCEAN balance, and DF. Further reference to learning more about each reward system.

* added information about active and passive rewards distribution

* Update veocean-data-farming/df-intro.md

Co-authored-by: Jamie Hewitt <jamie@oceanprotocol.com>

* Update veocean-data-farming/df-intro.md

Co-authored-by: Jamie Hewitt <jamie@oceanprotocol.com>

---------

Co-authored-by: Norbert <katunanorbert@gmail.com>
Co-authored-by: Norbi <37236152+KatunaNorbert@users.noreply.github.com>
Co-authored-by: Jamie Hewitt <jamie@oceanprotocol.com>
This commit is contained in:
Idiom 2023-04-12 03:40:17 -07:00 committed by GitHub
parent 52924fb576
commit 018b21e5bb
No known key found for this signature in database
GPG Key ID: 4AEE18F83AFDEB23
1 changed files with 22 additions and 9 deletions
Show Stats Download Patch File Download Diff File Expand all files Collapse all files

21
veocean-data-farming/df-intro.md
View File

@ -1,6 +1,7 @@
---
description: An introduction to Data Farming and Ocean Protocol's key incentives.
---
# Data Farming 101
Data Farming (DF) incentivizes for growth of Data Consume Volume (DCV) in the Ocean ecosystem.
@ -12,8 +13,8 @@ It rewards OCEAN to liquidity providers (stakers) as a function of consume volum
Rewards are paid in OCEAN and distributed every week on Thursday as follow:
| Passive Rewards | Active Rewards |
| ---- | ------- |
| 50% | 50% |
| --------------- | -------------- |
| 50% | 50% |
Active Rewards are governed and defined by the [Reward Function](df-background.md#reward-function).
@ -26,14 +27,25 @@ Please [follow this tutorial](../rewards/veOcean-Data-Farming-Tutorial.md) to le
Otherwise, go to the DF webapp at [df.oceandao.org](df.oceandao.org/) and explore Data Farming for yourself.
### Where to claim?
All earnings for veOCEAN holders are claimable on the ”Rewards” page inside the Data Farming webapp on Ethereum mainnet.
Data assets for DF may published in any [network where Ocean’s deployed in production](../core-concepts/networks.md): Eth mainnet, Polygon, etc.
### When to claim?
There are fresh rewards available every Thursday. If you wish, you can wait for many weeks to accumulate before claiming. (It’s all on-chain.)
There are fresh rewards available every Thursday at midnight GMT. If you wish, you can wait for many weeks to accumulate before claiming. (It’s all on-chain.)
Rewards are calculated based on different factors, like your current veOCEAN balance and your Data Farming allocation.
**Passive rewards** are distributed based on the amount of veOCEAN tokens held at the end of the previous round. If you lock your tokens during DF Round 1, you will only receive your passive rewards at the end of DF Round 2.
**Active rewards** are distributed based on the amount of veOCEAN tokens allocated during the current round. If you allocate veOCEAN tokens before the end of DF Round 1, you will receive active rewards for that round.
You can learn more about these details in the [Reward Function section](df-background#reward-function) and in the next section.
### When to do a first claim?
From the time you lock OCEAN, you must wait at least a week, and up to two weeks, to be able to claim rewards.
The nerdy version: if you lock OCEAN on day x, you’ll be able to claim rewards on the first weekly ve “epoch” that begins after day x+7.
@ -77,7 +89,8 @@ You can read more about the implementation [in this blog post](https://blog.ocea
DF gives stronger incentives to publish data services, as follows.
*All the veOCEAN a publisher has allocated to an asset they’ve published (“staked”) is treated as 2x the stake for rewards calculation.*
_All the veOCEAN a publisher has allocated to an asset they’ve published (“staked”) is treated as 2x the stake for rewards calculation._
1. As a staker, due to their staked veOCEAN on their own assets (1x).
1. As a publisher, for having veOCEAN staked on their own asset(1x).