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Fix #1362: DF: need gifs (PR #1363)

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Trent McConaghy 2023-11-06 14:00:45 +01:00 committed by GitHub
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Estimated APY vs time Modeling APYs
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<figure><img src="../.gitbook/assets/gif/my-mood-plot.gif" width=50% alt=""><figcaption><p></p></figcaption></figure>
# Estimated APY vs Time # Estimated APY vs Time
The plot below shows estimated APY over time. It brings together data from the [OCEAN reward schedule](reward-schedule) and estimates of **amount staked (yellow line** in plot). The plot below shows estimated APY over time. It brings together data from the [OCEAN reward schedule](reward-schedule) and estimates of **amount staked (yellow line** in plot).

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<figure><img src="../.gitbook/assets/gif/love-ice-melting.gif" width=25% alt=""><figcaption><p></p></figcaption></figure>
# Liquid Staking # Liquid Staking
This page is about liquid staking of veOCEAN using psdnOCEAN. This page is about liquid staking of veOCEAN using psdnOCEAN.
### veOCEAN Limitation: not Tradeable ### Background & Motivation
Once you lock OCEAN, you get veOCEAN. Once you lock OCEAN, you get veOCEAN.
Unlike OCEAN, veOCEAN cannot be traded or transferred. This is by design, to reconcile near-term and long-term incentives. Unlike OCEAN, veOCEAN cannot be traded or transferred. This is by design, to reconcile near-term and long-term incentives. Commit to holding OCEAN longer, and you earn more in the near term.
Interestingly, there is a way to get the best of both: locked OCEAN yet tradeability. The idea is "liquid staking". But what if there _was_ a way to have lots of locked OCEAN, yet get tradeability? That's the idea of "liquid staking". In many ways, it's the best of both worlds.
### psdnOCEAN Liquid Staking ### Liquid Staking in Ocean
**psdnOCEAN is a "liquid staking wrapper" for veOCEAN:** **psdnOCEAN is a "liquid staking wrapper" for veOCEAN:**
- It holds veOCEAN - It holds veOCEAN

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<figure><img src="../.gitbook/assets/gif/aquaman-fade.gif" alt=""><figcaption><p>I've got veOCEAN, my work is done.</p></figcaption></figure> <figure><img src="../.gitbook/assets/gif/aquaman-fade.gif" alt=""><figcaption><p>I've got veOCEAN, my work is done.</p></figcaption></figure>
**This page** is about Passive DF, and veOCEAN. There's also a [user guide page](passivedf-guide.md), and a [page for liquid staking](liquid-staking.md) **This page** is about Passive DF, and veOCEAN. There's also a [user guide page](passivedf-guide.md), and a [page for liquid staking](liquid-staking.md).
# About veOCEAN and Passive DF # About veOCEAN and Passive DF