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Fix #1394: Pdr: link to "right-size staking" post (PR #1395)

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Trent McConaghy 2023-12-07 14:13:51 +01:00 committed by GitHub
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predictoor/pdr-earn.md
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@ -13,10 +13,11 @@ Typical steps as a Predictoor:
The actions as a predictoor give the following ways to earn: The actions as a predictoor give the following ways to earn:
* **Feed sales.** At an epoch, sales revenue (minus fees) for that epoch goes to predictoors. It’s distributed pro-rata by stake among the predictoors who predicted the true value correctly. The revenue for an epoch is the fraction of sales, spread uniformly across subscription length. A price of 3 OCEAN, 5m epochs, and 24h (1440m) subscriptions gives a revenue of (# subscribers) * (3 OCEAN) * / (1440m / 5m). * **Feed sales.** At an epoch, sales revenue (minus fees) for that epoch goes to predictoors. It’s distributed pro-rata by stake among the predictoors who predicted the true value correctly. The revenue for an epoch is the fraction of sales, spread uniformly across subscription length. A price of 3 OCEAN, 5m epochs, and 24h (1440m) subscriptions gives a revenue of (# subscribers) * (3 OCEAN) * / (1440m / 5m).
* **Stake reshuffling.** At an epoch, incorrect predictoors have their stake slashed. This slashed stake is distributed to the correct predictoors pro-rata on their stake. * **Stake reshuffling.** At an epoch, incorrect predictoors have their stake slashed. This slashed stake is distributed to the correct predictoors pro-rata on their stake.
* **Predictoor DF.** This amounts to additional earning for predictoors. 37,000 OCEAN/week rewards. [Here are details.](../data-farming/predictoordf.md) * **Predictoor Data Farming.** This amounts to additional earning for predictoors. [Here are details.](../data-farming/predictoordf.md)
Don’t expect to be 100% accurate in your up/down predictions. Marginally better than 50% might be enough, and be skeptical if you’re greatly above 50%, you probably have a bug in your testing.
Every week there’s [150,000 total OCEAN rewards](../data-farming/README.md) for Ocean Data Farming. This will increase in early 2024, and more yet later. **On Prediction Accuracy.** Don’t expect to be 100% accurate in your up/down predictions. Marginally better than 50% might be enough, and be skeptical if you’re greatly above 50%, you probably have a bug in your testing.
**On Amount to Stake.** How much should a predictoor stake, to maximize revenue and bound risk? If you stake more, you can earn more, _but only to a point_. Earnings are bounded by sales of the feeds. So if you stake too much, you will lose $. [This blog post](https://blog.oceanprotocol.com/rewards-mechanisms-of-ocean-predictoor-6f76c942baf7) provides equations that bound how much to stake, along with general tips.
{% hint style="warning" %} {% hint style="warning" %}
You will lose money as a predictoor if your \$ out exceeds your \$ in. If you have low accuracy you’ll have your stake slashed a lot. Do account for gas fees, compute costs, and more. Everything you do is your responsibility, at your discretion. None of this blog is financial advice. You will lose money as a predictoor if your \$ out exceeds your \$ in. If you have low accuracy you’ll have your stake slashed a lot. Do account for gas fees, compute costs, and more. Everything you do is your responsibility, at your discretion. None of this blog is financial advice.