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mirror of https://github.com/oceanprotocol/docs.git synced 2024-11-26 19:49:26 +01:00

Setup redirects, standardized user-guide headers, cleaned up titles and content.

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idiom-bytes 2023-07-25 16:12:22 -07:00
parent 34802bda18
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api-references: developers/README.md api-references: developers/README.md
api-references/aquarius-rest-api: developers/aquarius/asset-requests.md api-references/aquarius-rest-api: developers/aquarius/asset-requests.md
api-references/provider-rest-api: developers/provider/general-endpoints.md api-references/provider-rest-api: developers/provider/general-endpoints.md
user-guides/claim-ocean-rewards: user-guides/data-farming/how-to-claim-ocean-rewards.md
user-guides/get-started-df: user-guides/data-farming/how-to-veocean.md
user-guides/how-to-data-farm: user-guides/data-farming/how-to-volume-df.md
user-guides/how-to-df-estimate-apy: user-guides/data-farming/how-to-estimate-apy.md
rewards/df-basic: rewards/df-guides.md
rewards/veocean: rewards/df-veocean.md
rewards/df-max-out-yield: rewards/df-volumedf.md

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Rewards are earned by users that hold and use their veOCEAN to help the protocol improve and grow. Rewards are earned by users that hold and use their veOCEAN to help the protocol improve and grow.
We would First, make sure that you [understand the basics of APY](../../rewards/df-veocean.md#veocean-and-your-apy) and how veOCEAN works.
Now that we got that out of the way, let's work through the examples and keep it as simple as possible. Now that we got that out of the way, let's work through the examples and keep it as simple as possible.
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Active Rewards are a bit more complicated and depend on many factors that are currently hard to predict accurately. It is unlikely for the user to get a practical result, which is why we don't offer a tool to estimate Active APY right now. Active Rewards are a bit more complicated and depend on many factors that are currently hard to predict accurately. It is unlikely for the user to get a practical result, which is why we don't offer a tool to estimate Active APY right now.
You can easily expand the spreadsheet above to support basic, naive calculations for Active Rewards such as defining a constant percent yield per week. You can easily expand the spreadsheet above to support a basic, naive calculations for Active Rewards such as adding a fixed-rate.
Having said this, we do provide a thorough dashboard that provides historical and ongoing summaries of APY, Data Consume Volume, and veOCEAN allocations per-round. To help solve this challenge, [we built a dashboard](https://df.oceandao.org/datafarming) that shows historical and ongoing summaries of APY, Data Consume Volume, and veOCEAN allocations per-round.
<figure><img src="../../.gitbook/assets/rewards/curate-datasets.png" alt=""><figcaption><p>Curate like a Pro.</p></figcaption></figure> <figure><img src="../../.gitbook/assets/rewards/curate-datasets.png" alt=""><figcaption><p>Curate like a Pro.</p></figcaption></figure>
You can also [learn how rewards are calculated here](../rewards/df-volumedf.md.md#how-rewards-are-calculated) to understand more about what's happening behind the scenes of each Data Farming round. You can also [learn how rewards are calculated here](../rewards/df-volumedf.md.md#how-rewards-are-calculated) to understand more about what's happening behind the scenes of each Data Farming round.
Finally, you can [review the implementation inside df-web](https://github.com/oceanprotocol/df-web/blob/main/src/utils/rewards.js) to understand how APYs are calculated at the frontend/UI level. Finally, you can [review the implementation inside df-web](https://github.com/oceanprotocol/df-web/blob/main/src/utils/rewards.js) to understand how the APYs on the UI are calculated.

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description: Get veOCEAN tokens to use the Data Farming dApp and make yield! 🧑‍🌾🥕 description: Get veOCEAN tokens to use the Data Farming dApp and make yield! 🧑‍🌾🥕
--- ---
# Earn Passive Rewards with veOCEAN
### What is Data Farming?
[Data Farming](https://df.oceandao.org) is our dApp that generates yield for participants that curate and publish valuable assets in the Ocean ecosystem.
<figure><img src="../../.gitbook/assets/gif/super-mario-coins.gif" alt="" width="250"><figcaption><p>Get veOCEAN tokens</p></figcaption></figure> <figure><img src="../../.gitbook/assets/gif/super-mario-coins.gif" alt="" width="250"><figcaption><p>Get veOCEAN tokens</p></figcaption></figure>
### What is veOCEAN and why do you want it? 🌊 # What is veOCEAN and Passive Rewards
In order to **gain yield Data Farming**, you will need to lock your OCEAN tokens first! When you lock your OCEAN tokens, you get **veOCEAN tokens** and **weekly passive OCEAN rewards** in return. veOCEAN is a token used in Ocean Protocol's Data Farming dApp to **generate even more yield,** called **Volume DF rewards**, for allocating your veOCEAN tokens to your favorite assets and get a portion of their sales! In order to **gain yield Data Farming**, you will need to lock your OCEAN tokens first! When you lock your OCEAN tokens, you get **veOCEAN tokens** and **weekly passive OCEAN rewards** in return. veOCEAN is a token used in Ocean Protocol's Data Farming dApp to **generate even more yield,** called **Volume DF rewards**, for allocating your veOCEAN tokens to your favorite assets and get a portion of their sales!