Merge pull request #1214 from oceanprotocol/issue61-s1dapps-update-docs-veocean-delegation

Updated docs with veOCEAN delegation.

SUMMARY.md

@@ -57,6 +57,7 @@
   * [Data Farming 101](veocean-data-farming/df-intro.md)
   * [Data Farming Background](veocean-data-farming/df-background.md)
   * [Emissions & APYs](veocean-data-farming/emissions-apys.md)
+  * [Delegation](veocean-data-farming/delegation.md)
   * [Rewards Tutorial](rewards/veOcean-Data-Farming-Tutorial.md)
 * [API References](api-references/README.md)
   * [Aquarius REST API](api-references/aquarius-rest-api.md)

veocean-data-farming/README.md

@@ -21,6 +21,12 @@ You will learn that by just holding veOCEAN passively, you are able to earn rewa
 
 [Data Farming Background](df-background.md) will provide you with more intuitions about Data Farming, briefly explain the Reward Function, and how the program evolved over time.
 
+## Delegation
+
+[Delegation](delegation.md) will teach you how to share your veOCEAN allocation power to other users who can manage Data Farming for you.
+
+Once delegated, rewards will be sent to the wallet address you delegated to. The delegation receiver is in charge of your rewards and the process of returning those back to you.
+
 ## Further Reading
 
 Finally, if you want to continue expanding your knowledge on OCEAN token emissions, APY estimates, and get useful answers to some of the most common questions, you can read the following:

veocean-data-farming/delegation.md

@@ -0,0 +1,19 @@
+## Delegation
+
+Delegation allows you to temporarily transfer your veOCEAN allocation power to another wallet address. This feature enables you to earn a higher annual percentage yield (APY) by delegating to an address that efficiently manages your allocation, without the need for reallocation and transaction fees.
+
+If you have multiple wallets, delegation enables you to manage your allocations with just one wallet address.
+
+When you delegate, you transfer 100% of your veOCEAN allocation power for a limited period. After delegation, you cannot manage your allocations until the delegation expires. The delegation expiration date is the same as the veOCEAN lock end date at the time of delegation. If necessary, you can extend your lock before delegating. You can cancel your delegation at any time.
+
+Once delegated, rewards will be sent to the wallet address you delegated to. The delegation receiver is in charge of your rewards and the process of returning those back to you.
+
+Follow these steps to delegate you veOcean:
+
+1. Go to the DF Portal and select the wallet address you wish to delegate to.
+2. Click the Delegate button and sign the transaction. You can view information about your delegation in the My Delegations component.
+3. If needed, you can cancel the delegation to regain your allocation power before the delegation expires.
+
+![](./images/veOCEAN-Delegation.png)
+
+If you receive veOCEAN allocation power from other wallets, you will receive their rewards and be responsible for distributing rewards to the delegators. You cannot delegate the veOCEAN you received from delegates, only the veOCEAN you received from your lock.