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@ -39,7 +39,7 @@ Active DF's substreams can -- and do -- evolve over time. It's chronicled [here]
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## Further resources
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## Further resources
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- The [DF FAQ](faq.md) answers more questions.
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- The **[DF FAQ](faq.md)** answers more questions.
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- Main DF github repos: [df-py (backend)](https://github.com/oceanprotocol/df-py), [df-web (frontend)](https://github.com/oceanprotocol/df-web)
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- Main DF github repos: [df-py (backend)](https://github.com/oceanprotocol/df-py), [df-web (frontend)](https://github.com/oceanprotocol/df-web)
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- The [Ocean Data Farming Series](https://blog.oceanprotocol.com/ocean-data-farming-series-c7922f1d0e45) blog has a chronological account of all Data Farming activities since its inception. It links to related blog posts.
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- The [Ocean Data Farming Series](https://blog.oceanprotocol.com/ocean-data-farming-series-c7922f1d0e45) blog has a chronological account of all Data Farming activities since its inception. It links to related blog posts.
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data-farming/delegate.md
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data-farming/delegate.md
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---
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---
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title: veOCEAN & Data Farming FAQ
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title: Data Farming FAQ
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description: Frequently Asked Questions about Data Farming
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description: Frequently Asked Questions about Data Farming
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---
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---
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## veOCEAN FAQ
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## Data Farming FAQ
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### Networks
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<details>
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<summary>Which networks does Data Farming operate on?</summary>
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OCEAN rewards for all DF streams & substreams are on Ethereum mainnet. One exception: rewards for Predictoor DF are on Oasis Sapphire.
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Here are the networks for each DF stream & substream:
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- Passive DF: users lock OCEAN for veOCEAN on Ethereum mainnet
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- Volume DF: users can allocate veOCEAN to data assets on Etherum mainnet, Polygon, BSC, Moonriver, Energy Web Chain, or Sapphire.
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- Challenge DF: users submit predictions on Mumbai (Polygon testnet).
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- Predictoor DF: users submit predictions on Sapphire.
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The [networks docs](../discover/networks/README.md) have more info about networks.
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</details>
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### veOCEAN and staking
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### Guides
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<details>
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<details>
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<summary>I'm new to Ocean and I want to stake my OCEAN. Can you show me how? Where can I learn about APY and locks?</summary>
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<summary>I'm new to Ocean and I want to stake my OCEAN. Can you show me how? Where can I learn about APY and locks?</summary>
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@ -21,48 +41,28 @@ We cannot offer guidance as how to allocate your voting power, that's your decis
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</details>
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</details>
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### Basics
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<details>
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<details>
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<summary>Are veOCEAN tradeable or have a market price?</summary>
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<summary>Are veOCEAN tradeable or have a market price?</summary>
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No. They cannot be traded, transferred, or sold.
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OCEAN has a market price; it's [available](https://www.oceanprotocol.com/ocean-token) on many exchanges.
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You can delegate veOCEAN to others in order to facilitate farming, however, you need to understand how this works. To learn more [please read the docs](user-guides/how-to-delegate.md).
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Once you lock OCEAN, you get veOCEAN then it has more constraints. veOCEAN cannot be traded or transferred. However, you can [delegate](delegate.md) veOCEAN to others, such that they control allocation to data assets and receive rewards.
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There's also the [psdnOCEAN](https://www.coingecko.com/en/coins/poseidon-ocean) option. psdnOCEAN is an ERC20-compliant "liquid staking derivative" [contract](https://etherscan.io/token/0x51fa2efd62ee56a493f24ae963eace7d0051929e) that in turn holds veOCEAN. psdnOCEAN is a product by [H2O](https://www.h2odata.xyz//), a team separate from - though collaborating with - the Ocean core team.
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- You can lock OCEAN for psdnOCEAN via [the H2O "convert" dapp](https://liquid-staking.h2odata.xyz/convert/ocean).
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- psdnOCEAN can be traded in exchanges like the [OCEAN-psdnOCEAN Balancer pool](https://app.balancer.fi/#/ethereum/swap?outputCurrency=0x51Fa2efd62ee56a493f24AE963eAce7D0051929E). ⚠️Be careful - if liquidity is low you will experience high slippage.
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</details>
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</details>
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<details>
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<details>
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<summary>Which chain is veOCEAN be deployed on?</summary>
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<summary>Which chain is veOCEAN deployed on?</summary>
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[veOCEAN & DF](https://github.com/oceanprotocol/contracts/tree/main/contracts/ve) core contracts are deployed on Ethereum mainnet.
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[veOCEAN & DF](https://github.com/oceanprotocol/contracts/tree/main/contracts/ve) core contracts are deployed on Ethereum mainnet.
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</details>
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</details>
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<details>
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### veOCEAN and Staking
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<summary>Which networks are eligible for Data Farming?</summary>
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You participate by default in Passive Rewards when you lock OCEAN on Ethereum Mainnet.
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Data assets for Volume DF may be published in any network where Ocean’s deployed in production: Eth Mainnet, Polygon, BSC, and more.
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You can find a list of [all supported chains here](../discover/networks/README.md).
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</details>
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### Staking
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<details>
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<summary>What is veOCEAN and staking in context of Ocean Protocol? </summary>
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[veOCEAN](df-veocean.md) (vote-escrowed OCEAN) is a special token in the Ocean Protocol ecosystem. Users can obtain veOCEAN by Locking their OCEAN for a specific period of time. Their OCEAN cannot be accessed during this time as a sign of conviction that lets them engage with the network. Longer lock periods for veOCEAN typically yield higher rewards.
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You can lock your OCEAN at - [df.oceandao.org](https://df.oceandao.org)
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</details>
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<details>
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<summary>How much Ocean do I need to stake to earn interest?</summary>
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<summary>How much Ocean do I need to stake to earn interest?</summary>
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@ -104,6 +104,18 @@ The veOCEAN design is in accordance with the Web3 Sustainability Loop, which Oce
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The veOCEAN code was forked from the veCRV code. veCRV parameters will be the starting point. To minimize risk, tweaks will be circumspect.
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The veOCEAN code was forked from the veCRV code. veCRV parameters will be the starting point. To minimize risk, tweaks will be circumspect.
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### Tradeability of veOCEAN; Relation to psdnOCEAN
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Q: Are veOCEAN tradeable or have a market price?
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OCEAN has a market price; it's [available](https://www.oceanprotocol.com/ocean-token) on many exchanges.
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Once you lock OCEAN, you get veOCEAN. Unlike OCEAN, veOCEAN cannot be traded or transferred. However, you can [delegate](delegate.md) veOCEAN to others, who then controls allocation to data assets and receives rewards.
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There's also the [psdnOCEAN](https://www.coingecko.com/en/coins/poseidon-ocean) option. psdnOCEAN is an ERC20-compliant "liquid staking derivative" [contract](https://etherscan.io/token/0x51fa2efd62ee56a493f24ae963eace7d0051929e) that in turn holds veOCEAN. psdnOCEAN is a product by [H2O](https://www.h2odata.xyz//), a team separate from - though collaborating with - the Ocean core team.
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- You can lock OCEAN for psdnOCEAN via [the H2O "convert" dapp](https://liquid-staking.h2odata.xyz/convert/ocean).
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- psdnOCEAN can be traded in exchanges like the [OCEAN-psdnOCEAN Balancer pool](https://app.balancer.fi/#/ethereum/swap?outputCurrency=0x51Fa2efd62ee56a493f24AE963eAce7D0051929E). ⚠️Be careful - if liquidity is low you will experience high slippage.
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### Where the heck did we get this idea from?
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### Where the heck did we get this idea from?
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The "veTokenomics" model of veOCEAN (vote-escrowed token economics) is inspired by Curve Finance's [veCRV](https://curve.readthedocs.io/dao-fees.html) token code. We took this inspiration to enable our users to participate in on-chain governance and earn rewards within the Ocean Protocol ecosystem.
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The "veTokenomics" model of veOCEAN (vote-escrowed token economics) is inspired by Curve Finance's [veCRV](https://curve.readthedocs.io/dao-fees.html) token code. We took this inspiration to enable our users to participate in on-chain governance and earn rewards within the Ocean Protocol ecosystem.
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