From 9d68af5da1875e45d515da2c3cc44f4983864400 Mon Sep 17 00:00:00 2001 From: Idiom <69865342+idiom-bytes@users.noreply.github.com> Date: Fri, 24 Mar 2023 19:57:25 -0700 Subject: [PATCH] Update veocean-data-farming/emissions-apys.md Co-authored-by: Jamie Hewitt --- veocean-data-farming/emissions-apys.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/veocean-data-farming/emissions-apys.md b/veocean-data-farming/emissions-apys.md index 12a5b4ae..e7b32030 100644 --- a/veocean-data-farming/emissions-apys.md +++ b/veocean-data-farming/emissions-apys.md @@ -5,7 +5,7 @@ description: Details on the emission curves and a study on estimated APYs With veOCEAN, OceanDAO evolves to be more like CurveDAO: -- ve is at the heart with v = voting (in data asset curation) and e = escrowed (locked) OCEAN. The longer the lockup, the more voting and rewards, which reconciles near- and long-term DAO incentives. +- ve is at the heart with v = voting (in data asset curation) and e = escrowed (locked) OCEAN. The longer the lockup, the more voting and rewards, which reconciles near and long-term DAO incentives. - The DAO has increased bias to automation, and to minimizing the governance attack surface. The baseline emissions schedule determines the weekly OCEAN budget for this phase. The schedule is like Bitcoin, including a half-life of 4 years. Unlike Bitcoin, there is a burn-in period to ratchet up value-at-risk versus time: