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predictoor/pdr-earn.md
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@ -6,13 +6,12 @@ If you have background in AI, ML, data science or statistics (and these overlap!
<figure><img src="../.gitbook/assets/predictoor/progression_of_a_predictoor.png" alt=""></figure>
Typical steps as a Predictoor:
1. **Play with predictoor.ai.** Go to predictoor.ai to build intuition: observe the free feed, perhaps buy a few feeds, and watch them change over time.
1. **Play with predictoor.ai.** Go to [predictoor.ai](https://predictoor.ai) to build intuition: observe the free feed, perhaps buy a few feeds, and watch them change over time.
1. **Do Challenge DF: one-off predictions.** Then, practice making accurate AI/ML based predictions via Challenge Data Farming. Submissions are due Wednesdays at midnight, for ETH price predictions 5 min, 10 min, …, 60 min ahead. Every week, 5000 OCEAN prize money is distributed to the three lowest-error submissions.
1. **Run a predictoor bot: continuous predictions.** Follow the steps in the Predictoor README. You’ll start by deploying a bot locally that submits a random prediction every 5 minutes. Then you’ll add AI/ML model predictions. Then you’ll do it on a remote testnet staking fake OCEAN. Finally, you’ll do it on mainnet staking real OCEAN.
1. **Optimize the bot.** Improve model prediction accuracy via more data and better algorithms. Extend to predict >1 prediction feeds (Predictoor has many). Wash, rinse, repeat.
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).
* **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.** The third phase of Predictoor rollout will have an incentives program that amounts to additional earning for predictoors. 37,000 OCEAN/week rewards.