From 106b19c9cfd695cf9d3362ed721815405b1cfafc Mon Sep 17 00:00:00 2001 From: Nicholas Scavuzzo Date: Mon, 15 May 2023 14:19:29 +0000 Subject: [PATCH] GITBOOK-93: change request with no subject merged in GitBook --- rewards/df-intro.md | 4 ++-- 1 file changed, 2 insertions(+), 2 deletions(-) diff --git a/rewards/df-intro.md b/rewards/df-intro.md index 6eedf303..520f78e7 100644 --- a/rewards/df-intro.md +++ b/rewards/df-intro.md @@ -6,12 +6,12 @@ description: An introduction to Data Farming and Ocean Protocol incentive mechan Data Farming (DF) incentivizes sustainable and perpetual growth of Data Consume Volume (DCV) inside the Ocean ecosystem. +DFing is similar to 'liquidity mining' apart of leading yield farming mechanisms in DeFi, but tuned for Data Consumption Volume (DCV). + Data Consume Volume (DCV) is a metric placed to represent the total $ amount spent on purchases of data assets, fees on executing transactions, sharing data, and more. So, the more data consumed, the more rewards are distributed. Data Farming rewards OCEAN to liquidity providers (stakers) in two different ways: active and passive rewards. The two reward functions produce variable APYs, contingent user criteria and chosen eligiblity, plus data consume volume (DCV). -It’s similar to 'liquidity mining' apart of leading yield farming mechanisms in DeFi, but tuned for data consumption. - How Data farming differentiates from yield farming is that Data Farming incentivizes a sustainable supply of polished and high-demand data assets into the protocol. Unlike yield farming in DeFi, data farming has real intrinsic utility for all stakeholders: Liquidity providers (LPs) earn additional tokens, the protocol receives sustainable liquidity, and the users can trust the protocol's secured data assets. It's a win-win situation for all parties involved.