Merge pull request #1222 from oceanprotocol/issue-1218-improve-challenge-df-info
Review/Improve challenge df update
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@ -10,11 +10,18 @@ coverY: 0
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Ocean Protocol's open-source tools are useful in a variety of DeFi applications. Here we show you how to capitalize with Ocean Protocol tech in several ways using crypto trading!
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Ocean Protocol's open-source tools are useful in a variety of DeFi applications. Here we show you how to capitalize with Ocean Protocol tech in several ways using crypto trading!
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## Predicting the Price of ETH 📈
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## Data Farming - Challenge DF (Predict-ETH) 📈
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We offer a Predict ETH data challenge where participants can win prizes 💰 for making accurate ETH price predictions. Participants use machine learning to extrapolate ETH prices for the next 12 hours as accurately as possible and upload these predictions to the Ocean Market as data NFTs. It's a win-win for both Ocean Protocol and challenge participants! This challenge promotes more valuable data feeds on the Ocean Market and participants gain cash prizes!
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Data Farming offers a weekly rewards via Challenge DF, a challenge where users predict the price of Ethereum and win prizes 💰 based on accuracy.
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Check our [challenges page](https://oceanprotocol.com/challenges) to see if there is an active Predict ETH challenge!
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Weekly prizes total 5000 $OCEAN
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1st Place - 2500
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2nd Place - 1500
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3rd Place - 1000
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In this competition, participants use machine learning to submit future ETH prices for the next 12 hours as accurately as possible. They upload these predictions to Ocean Market as data NFTs. This challenge promotes more valuable data feeds on the Ocean Market while participants earn cash. It's a win-win for both Ocean Protocol and challenge participants!
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Check our [Challenge DF page](https://df.oceandao.org/challenges) and join the active Predict ETH challenge!
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Wondering how to start predicting the price of ETH? We have a [blogpost](https://blog.oceanprotocol.com/capitalize-with-ocean-protocol-a-predict-eth-tutorial-b2da136633f0?source=search\_post---------0----------------------------) 📖 for that!
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Wondering how to start predicting the price of ETH? We have a [blogpost](https://blog.oceanprotocol.com/capitalize-with-ocean-protocol-a-predict-eth-tutorial-b2da136633f0?source=search\_post---------0----------------------------) 📖 for that!
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@ -52,4 +52,4 @@ To kickstart your adventure with ocean.py, we set out the following steps to get
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3. [Publish asset](publish-flow.md), post for free / for sale, dispense it / buy it, and [consume ](consume-flow.md)it
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3. [Publish asset](publish-flow.md), post for free / for sale, dispense it / buy it, and [consume ](consume-flow.md)it
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4. Run algorithms through [Compute-to-Data flow](compute-flow.md) using Ocean environment.
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4. Run algorithms through [Compute-to-Data flow](compute-flow.md) using Ocean environment.
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After these quickstart steps, the main [README](https://github.com/oceanprotocol/ocean.py/blob/main/README.md) points to several other use cases, such as [Predict-ETH](https://github.com/oceanprotocol/predict-eth), [Data Farming](https://github.com/oceanprotocol/ocean.py/blob/main/READMEs/df.md), on-chain key-value stores ([public](https://github.com/oceanprotocol/ocean.py/blob/main/READMEs/key-value-public.md) or [private](https://github.com/oceanprotocol/ocean.py/blob/main/READMEs/key-value-private.md)), and other types of data assets ([REST API](https://github.com/oceanprotocol/ocean.py/blob/main/READMEs/publish-flow-restapi.md), [GraphQL](https://github.com/oceanprotocol/ocean.py/blob/main/READMEs/publish-flow-graphql.md), [on-chain](https://github.com/oceanprotocol/ocean.py/blob/main/READMEs/publish-flow-onchain.md)).
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After these quickstart steps, the main [README](https://github.com/oceanprotocol/ocean.py/blob/main/README.md) points to several other use cases, such as [Data Farming - Challenge DF](https://github.com/oceanprotocol/predict-eth), [Data Farming - Volume DF](https://github.com/oceanprotocol/ocean.py/blob/main/READMEs/df.md), on-chain key-value stores ([public](https://github.com/oceanprotocol/ocean.py/blob/main/READMEs/key-value-public.md) or [private](https://github.com/oceanprotocol/ocean.py/blob/main/READMEs/key-value-private.md)), and other types of data assets ([REST API](https://github.com/oceanprotocol/ocean.py/blob/main/READMEs/publish-flow-restapi.md), [GraphQL](https://github.com/oceanprotocol/ocean.py/blob/main/READMEs/publish-flow-graphql.md), [on-chain](https://github.com/oceanprotocol/ocean.py/blob/main/READMEs/publish-flow-onchain.md)).
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@ -33,9 +33,9 @@ veOCEAN is a fork of veCRV. This enables participants to become a governance del
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## Delegation
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## Delegation
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[Delegation](../user-guides/how-to-data-farm.md#how-to-delegate-your-active-rewards) will teach you how to share your veOCEAN allocation power to other users who can manage Volume DF substream Data Farming for you.
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[Delegation](../user-guides/how-to-delegate.md) will teach you how to share your veOCEAN allocation power to other users that can help manage Volume DF substream for you.
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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.
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Once delegated, rewards will be sent to the wallet address you delegated to. The delegation receiver is in charge of managing your Allocation Power and cut from the rewards.
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## Further Reading
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## Further Reading
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@ -6,19 +6,17 @@ description: Learn the fundamentals of The Way of Data Farming 🧑🏫
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<figure><img src="../.gitbook/assets/gif/morpheus.gif" alt=""><figcaption><p>Meet your sensei.</p></figcaption></figure>
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<figure><img src="../.gitbook/assets/gif/morpheus.gif" alt=""><figcaption><p>Meet your sensei.</p></figcaption></figure>
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### What is Data Farming?
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## What is Data Farming?
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Data Farming (DF) is Ocean Protocol's **incentive system for curating and publishing valuable assets in the Ocean ecosystem.** Participants vote on the Ocean ecosystem assets that they believe are high quality and likely to sell. If they are right, then these Data Farmers **get a portion of the sales of these Ocean ecosystem assets** they voted on!
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Data Farming (DF) is Ocean Protocol's **incentive system that rewards participants for creating value in the Ocean ecosystem.**
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(If you are familiar with 'liquidity mining', then you will find that Data Farming is similar but tuned instead for the curation of high quality assets in the Ocean ecosystem.)
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Participants are able to **receive rewards passively, actively, or both** weekly by engaging in a variety of streams that helps the protocol grow. These activities include holding veOCEAN, curating datasets and building prediction models.
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### What's the difference between Data Farming and Yield Farming?
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### Passive and Active Reward streams
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Unlike yield farming in DeFi, data farming has real intrinsic utility for Ocean Protocol stakeholders: as Data Farmers determine which are the highest quality assets in the Ocean ecosystem to purchase, then the Data Farmers earn active OCEAN rewards when these assets sell. It's this **curation of the "best" assets in the Ocean ecosystem** that shortens the search times for those looking to shop for assets in the Ocean ecosystem. We also put in place an incentive system for Publishers of assets to gain **2x the rewards** in Data Farming, thus driving forward the addition of great assets in the Ocean ecosystem.
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Every week OCEAN rewards are paid out to Data Farmers through two different reward streams. **Passive Rewards** and **Active Rewards**.
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### Passive and Active Rewards
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These two reward streams produce different variable APYs.
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Every week OCEAN rewards are paid out to Data Farmers in two different ways: **passive** rewards and **active** rewards. The two reward functions produce different variable APYs.
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#### What are Passive Rewards?
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#### What are Passive Rewards?
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@ -28,29 +26,62 @@ Passive rewards are the OCEAN rewards paid to Data Farmers just for locking thei
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[To start getting passive rewards, go here.](../user-guides/get-started-df.md)
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[To start getting passive rewards, go here.](../user-guides/get-started-df.md)
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#### What are Active Rewards?
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#### What are Active Rewards and Substreams?
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Active rewards are OCEAN rewards paid to Data Farmers that allocate their veOCEAN tokens to Ocean ecosystem assets. They're called Active rewards because the amount of rewards relies on the active participation of the Data Farmer to select and allocate veOCEAN to these assets. **Active rewards yield depends on the sales of allocated assets.** No sales = no rewards, so choose your favorites wisely & then allocate. Always DYOR.
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Active Rewards are OCEAN rewards paid to contributors actively working to improve Ocean Protocol.
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Active rewards are governed and defined by the [Reward Function](df-max-out-yield.md#reward-schedule).
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There are are two substreams available in Active Rewards:
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1. Volume DF
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2. Challenge DF
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[To start getting active rewards, go here.](../user-guides/how-to-data-farm.md)
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Volume DF rewards Data Farmers that allocate their veOCEAN tokens to Ocean ecosystem assets. It's called Volume DF because the amount of rewards relies on assets that are actively generating Data Consume Volume. Therefore, **Volume DF yields depend on the sales produced by these assets and allocations made.** No sales = no rewards, so choose your favorite datasets wisely & then allocate. Always DYOR.
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Challenge DF rewards Data Scientists that produce prediction models that consistently improve the prediction of the price of Ethereum. It's called Challenge DF because weekly rewards are dispensed towards participants that are competing to improve the accuracy of how well we can predict price movements of Ethereum. Therefore, **Challenge DF yields depend on participants accurately outcompeting each other.** Only the top 3 predictions on the leaderboard win.
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Active Rewards are governed and defined by the [Reward Function](df-max-out-yield.md#reward-schedule).
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[To start getting Active Rewards, go here.](../user-guides/how-to-data-farm.md)
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#### Splitting the Pie
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#### Splitting the Pie
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Each Data Farming weekly round has a pool of OCEAN rewards, and 50% of the pool is paid out in the form of passive rewards & 50% in the form of active rewards.
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Each Data Farming weekly round has a pool of OCEAN rewards and [can be viewed here](https://df.oceandao.org/rewards)
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<figure><img src="../.gitbook/assets/rewards/df-reward-streams.png" alt=""><figcaption><p>Rewards Page overview for each stream.</p></figcaption></figure>
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##### Reward Streams
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50% of the pool is paid out in the form of **Passive Rewards**.
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50% of the pool is paid out in the form of **Active Rewards**.
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| Passive Rewards | Active Rewards |
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| Passive Rewards | Active Rewards |
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| --------------- | -------------- |
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| --------------- | -------------- |
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| 50% | 50% |
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| 50% | 50% |
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##### Reward Sub-Streams
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**Active Rewards** is then composed of two sub-streams.
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1. 5,000 OCEAN is paid out to Challenge DF.
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2. The remainder is paid out to Volume DF.
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| Challenge DF | Volume DF |
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| --------------- | -------------- |
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| 5,000 OCEAN | Remaining OCEAN |
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### What's the difference between Data Farming and Yield Farming?
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If you are familiar with 'liquidity mining' then you will find Data Farming similar, but instead, tuned for the curation of high quality assets in the Ocean ecosystem.
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Unlike yield farming in DeFi, data farming has real intrinsic utility for Ocean Protocol stakeholders as Data Farmers determine which are the highest quality assets in the Ocean ecosystem to purchase, and as these assets sell, they are rewarded in OCEAN . It's this **curation of the "best" assets in the Ocean ecosystem** that shortens the search times for those looking to shop for assets in the Ocean ecosystem.
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To deepen this incentive, Publishers are boosted further and **gain 2x the allocation power** when pointing to their own assets.
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### What are Publisher Rewards?
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### What are Publisher Rewards?
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<figure><img src="../.gitbook/assets/gif/just-publish.gif" alt=""><figcaption><p>Publishing makes you *more* OCEAN rewards</p></figcaption></figure>
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<figure><img src="../.gitbook/assets/gif/just-publish.gif" alt=""><figcaption><p>Publishing lets you earn *more* OCEAN rewards</p></figcaption></figure>
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Data Farming strongly incentivizes publishing assets in the Ocean ecosystem by giving double the active rewards to Data Farmers that allocate to their own published assets.
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Data Farming strongly incentivizes publishing assets in the Ocean ecosystem by doubling the allocation power of Data Farmers that support their own published assets.
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How is it calculated? _All the veOCEAN a Data Farmer has allocated to an asset they’ve published is **doubled for the rewards calculation.**_
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How is it calculated? _All the veOCEAN a Data Farmer has allocated to an asset they’ve published **is effectively doubled for the rewards calculation.**_
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You can read more about the implementation [in this blog post](https://blog.oceanprotocol.com/data-farming-publisher-rewards-f2639525e508).
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You can read more about the implementation [in this blog post](https://blog.oceanprotocol.com/data-farming-publisher-rewards-f2639525e508).
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@ -4,22 +4,25 @@ description: >-
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Ocean Protocol's Data Farming dApp! 🥋
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Ocean Protocol's Data Farming dApp! 🥋
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---
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---
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# DF Max Out Yield (Purple Belt)
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# Max Out Volume DF (Purple Belt)
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<figure><img src="../.gitbook/assets/gif/i-know-kung-fu.gif" alt=""><figcaption><p>You know enough to be dangerous.</p></figcaption></figure>
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<figure><img src="../.gitbook/assets/gif/i-know-kung-fu.gif" alt=""><figcaption><p>You know enough to be dangerous.</p></figcaption></figure>
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### How to Maximize Your Yield
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### Maximize your Yield
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If you only lock your OCEAN tokens to get passive yield, then you're leaving money on the table. Data Farming rewards farmers that allocate their veOCEAN tokens to assets that **generate revenue** in the Ocean ecosystem. (No revenue, no rewards.) In addition, Data Farming incentivizes **publishing** assets in the Ocean ecosystem too - you get **2x the allocation power** when you allocate to an asset that you publish!
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If you only lock your OCEAN tokens to get passive yield, then you're leaving money on the table.
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Thus, if you really want to max out your APY:
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Data Farming rewards farmers that allocate their veOCEAN tokens to assets that **generate revenue** in the Ocean ecosystem. (No revenue, no rewards.) In addition, Data Farming incentivizes **publishing** assets in the Ocean ecosystem too - you get **2x the Allocation Power** when you allocate to an asset that you publish!
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1. Lock your OCEAN for veOCEAN to claim weekly Passive Rewards
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Thus, if you really want to max out Volume DF APY:
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2. Create & publish assets (and make $ in selling them) — or work with people who can
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3. Lock OCEAN and stake veOCEAN on your published assets for weekly Active Rewards
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4. Claim the rewards
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#### Don't have time to publish your own datasets? 
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1. Lock your OCEAN for 4 years to receive 100% voting power.
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2. Have other participants delegate their Allocation Power to you.
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3. Create & publish assets (and make $ in selling them) — or work with people who can.
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4. Point your Allocation Power towards your published assets to receive a 2x bonus.
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5. Claim weekly Passive Rewards, Active Rewards, and update your lock.
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#### Don't have time to publish your own datasets?
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Another way to improve your yield is by [delegating](../user-guides/how-to-data-farm.md#how-to-delegate-your-active-rewards) your veOCEAN to someone to generate Active Rewards for you! In this case, the idea is that they may do a better job at publishing assets or picking winners better than you can. However, there is some risk to this because the rewards generated will be sent to the person you delegated to, and it's their responsibility to return those rewards back to you if that's the agreement you both made. To read more, see our [info on Delegation](../user-guides/how-to-data-farm.md#how-to-delegate-your-active-rewards).
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Another way to improve your yield is by [delegating](../user-guides/how-to-data-farm.md#how-to-delegate-your-active-rewards) your veOCEAN to someone to generate Active Rewards for you! In this case, the idea is that they may do a better job at publishing assets or picking winners better than you can. However, there is some risk to this because the rewards generated will be sent to the person you delegated to, and it's their responsibility to return those rewards back to you if that's the agreement you both made. To read more, see our [info on Delegation](../user-guides/how-to-data-farm.md#how-to-delegate-your-active-rewards).
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@ -26,7 +26,7 @@ veOCEAN allows you to engage with different Ocean Protocol mechanisms and benefi
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1. **Holding it** veOCEAN pays **Passive OCEAN Rewards** every week.
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1. **Holding it** veOCEAN pays **Passive OCEAN Rewards** every week.
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2. **Allocating it** veOCEAN pays **Active OCEAN Rewards** every week to the top selling assets in the Ocean ecosystem.
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2. **Allocating it** veOCEAN pays **Active OCEAN Rewards** every week to the top selling assets in the Ocean ecosystem.
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3. **Delegating it** You can delegate veOCEAN to other Data Farmers who can curate Datasets for you. In return for their services, these farmers may charge you a fee for helping you receive APY on **Active Rewards**. The Delegate feature has just been recently released and enables veOCEAN holders to more easily access Active Rewards.
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3. **Delegating it** You can delegate veOCEAN to other Data Farmers who can curate Datasets for you. In return for their services, these farmers may charge you a fee for helping you receive APY on **Active Rewards**. The Delegate feature has just been recently released and enables veOCEAN holders to more easily manage Active Rewards.
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4. **2x Publisher Stake** If you are a publisher in the Ocean ecosystem, then allocating your veOCEAN to your own asset gives your veOCEAN **a 2x Bonus**. This is an incentive for publishers to engage with their assets and benefit the assets in the Ocean ecosystem further.
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4. **2x Publisher Stake** If you are a publisher in the Ocean ecosystem, then allocating your veOCEAN to your own asset gives your veOCEAN **a 2x Bonus**. This is an incentive for publishers to engage with their assets and benefit the assets in the Ocean ecosystem further.
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### The Nitty Gritty of **Passive & Active Rewards**
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### The Nitty Gritty of **Passive & Active Rewards**
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@ -46,6 +46,18 @@ Farm data like a pro. 😎🥕
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[how-to-data-farm.md](how-to-data-farm.md)
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[how-to-data-farm.md](how-to-data-farm.md)
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{% endcontent-ref %}
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{% endcontent-ref %}
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{% content-ref url="how-to-data-farm-challengedf.md" %}
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[how-to-data-farm-challengedf.md](how-to-data-farm-challengedf.md)
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{% endcontent-ref %}
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{% content-ref url="how-to-data-farm-volumedf.md" %}
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[how-to-data-farm-volumedf.md](how-to-data-farm-volumedf.md)
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{% endcontent-ref %}
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{% content-ref url="how-to-delegate.md" %}
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[how-to-delegate.md](how-to-delegate.md)
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{% endcontent-ref %}
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{% content-ref url="claim-ocean-rewards.md" %}
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{% content-ref url="claim-ocean-rewards.md" %}
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[claim-ocean-rewards.md](claim-ocean-rewards.md)
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[claim-ocean-rewards.md](claim-ocean-rewards.md)
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{% endcontent-ref %}
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{% endcontent-ref %}
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@ -26,7 +26,7 @@ For more information on how to get started and detailed instructions, please ref
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### Challenge DF Substream
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### Challenge DF Substream
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If you are a data scientist and enjoy tackling challenging problems, this is the perfect place for you. The Challenge DF provides a weekly challenge where you can test your skills in predicting the price of Ethereum. Compete against other participants to earn a place on the podium and receive a share of the available rewards.
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If you are a data scientist and enjoy tackling challenging problems, this is the perfect place for you. Challenge DF provides a weekly competition where you can test your skills in predicting the price of Ethereum. Rise against other participants to earn a place on the podium and receive a share of the available rewards.
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This opportunity allows you to explore the capabilities offered by Ocean Protocol and gain valuable exposure. As your models and skills improve, you can publish your models on the main network and begin monetizing your work.
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This opportunity allows you to explore the capabilities offered by Ocean Protocol and gain valuable exposure. As your models and skills improve, you can publish your models on the main network and begin monetizing your work.
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37
user-guides/how-to-delegate.md
Normal file
@ -0,0 +1,37 @@
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---
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||||||
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description: Simplify and Improve your Data Farming
|
||||||
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---
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||||||
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||||||
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# Delegate Allocation Power and Active Rewards
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||||||
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<figure><img src="../.gitbook/assets/rewards/gif/delegation-dog-herding-sheep.gif" alt=""><figcaption></figcaption></figure>
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||||||
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||||||
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## Why Delegate?
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||||||
|
|
||||||
|
Have multiple wallets? Want to reduce your costs? Want to build a novel farming system?
|
||||||
|
|
||||||
|
We have a solution for that! Data Farming's [Delegate feature](https://df.oceandao.org/delegate) allows you to transfer your veOCEAN Allocation Power to another wallet address.
|
||||||
|
|
||||||
|
By delegating your active rewards to a single address that more efficiently manages your allocation, you are able to earn a better annual percentage yield (APY). For all these reasons and more, then you might want to delegate - go to [https://df.oceandao.org/delegate](https://df.oceandao.org/delegate) to make the magic happen ✨
|
||||||
|
|
||||||
|
When you delegate, you transfer 100% of your veOCEAN Allocation Power for a limited period. This means that you can manage your active participation **without needing to reallocate or pay fees**!
|
||||||
|
|
||||||
|
Note that if you delegate 100% of your Allocation Power, your allocations will not count until the delegation expires. The delegation expiration date is the same as your veOCEAN Lock End Date at the time of delegation. If necessary, you can extend your Lock End Date before delegating. You can also cancel your delegation at any time 💪.
|
||||||
|
|
||||||
|
Once delegated, rewards will be sent to the wallet address you delegated to. Then, the delegation receiver is in charge of your active rewards and is responsible for returning those back to you should you choose to do so.
|
||||||
|
|
||||||
|
### Steps to Delegate
|
||||||
|
|
||||||
|
Follow these steps to delegate your veOCEAN:
|
||||||
|
|
||||||
|
1. Go to the [Data Farming dApp](https://df.oceandao.org).
|
||||||
|
2. Navigate to the [Delegate page](https://df.oceandao.org/delegate).
|
||||||
|
3. Enter the wallet address you wish to delegate your active rewards to into the 'Receiver wallet address' field.
|
||||||
|
4. Click the Delegate button and sign the transaction with your wallet. You can view information about your delegation in the My Delegations component.
|
||||||
|
5. If you desire, the you can cancel the delegation to regain your allocation power before the delegation expires.
|
||||||
|
|
||||||
|
### What if someone delegates active rewards to you?
|
||||||
|
|
||||||
|
If you receive veOCEAN allocation power from other wallets, then you will receive their active rewards. You cannot delegate the veOCEAN you received from delegates, only the veOCEAN you received from your lock. 
|
||||||
|
|
||||||
|
<figure><img src="https://1520763098-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FzQlpIJEeu8x5yl0OLuXn%2Fuploads%2Fgit-blob-423f12f5b84205ab6cff8b79a1211fcd955d637c%2FveOCEAN-Delegation.png?alt=media" alt=""><figcaption></figcaption></figure>
|
@ -2,44 +2,57 @@
|
|||||||
description: Make extra dosh with active rewards yield in Data Farming
|
description: Make extra dosh with active rewards yield in Data Farming
|
||||||
---
|
---
|
||||||
|
|
||||||
# Harvest More Yield Data Farming - Challenge DF
|
# Harvest More Yield - Challenge DF
|
||||||
|
|
||||||
<figure><img src="../.gitbook/assets/gif/farming.gif" alt=""><figcaption></figcaption></figure>
|
<figure><img src="../.gitbook/assets/rewards/gif/challenge-df.gif" alt=""></figure>
|
||||||
|
|
||||||
## Get More Yield from Challenge DF Rewards
|
## Get More Rewards from Challenge DF
|
||||||
|
|
||||||
The core focus of the Data Farming dApp lies in incentivizing OCEAN rewards for the curation and publication of valuable assets within the Ocean ecosystem. If you're eager to begin extracting value from data but aren't sure how to get started, the Challenge DF is here to help! By participating in data challenges, you can become familiar with the Ocean Protocol stack and discover how to compete effectively.
|
The core focus of the Data Farming dApp lies in incentivizing OCEAN rewards for the curation and publication of valuable assets within the Ocean ecosystem.
|
||||||
|
|
||||||
|
If you're eager to begin extracting value from data but aren't sure how to get started, then Challenge DF is here to help!
|
||||||
|
|
||||||
|
By participating in the weekly data challenges of predicting the price of Ethereum, you will become familiar with the Ocean Protocol stack and with building predictions that can be sold for money.
|
||||||
|
|
||||||
These are the steps to get involved:
|
These are the steps to get involved:
|
||||||
|
|
||||||
#### Step 1 - Navigate to the Data Farming dApp
|
#### Step 1 - Navigate to the Data Farming dApp
|
||||||
|
|
||||||
- Go to https://df.oceandao.org
|
Go to https://df.oceandao.org
|
||||||
|
|
||||||
#### Step 2 - Click on the Challenges tab in the top menu
|
#### Step 2 - Go to the "Challenges" page
|
||||||
|
|
||||||
<figure><img src="../.gitbook/assets/volumeDF-page.png" alt=""><figcaption><p>Click the Challenges page link in the menu</p></figcaption></figure>
|
After the dApp loads, look for the menu and click on "Challenges"
|
||||||
|
|
||||||
#### Step 3 - Click on the participate button to get to the readme that contains the challenge details.
|
<figure><img src="../.gitbook/assets/rewards/volumeDF-page.png" alt=""><figcaption><p>Find "Challenges" in the menu and click on it</p></figcaption></figure>
|
||||||
|
|
||||||
- You can see the ongoing challenge right away together with some key informations such as submission deadline and available rewards.
|
#### Step 3 - Click on "Participate"
|
||||||
|
|
||||||
<figure><img src="../.gitbook/assets/challenge-active.png" alt=""><figcaption><p>Click the Participate button</p></figcaption></figure>
|
After clicking on "Participate" you will be linked to a README that outlines all details about the challenge.
|
||||||
|
|
||||||
#### Step 4 - Go trought the readme and follow the steps for getting your challenge submitted.
|
<figure><img src="../.gitbook/assets/rewards/challenge-active.png" alt=""><figcaption><p>Click the Participate button</p></figcaption></figure>
|
||||||
|
|
||||||
- Click the pink Update Allocations button
|
#### Step 4 - Use README to publish your predictions
|
||||||
- Sign the transactions with your wallet & pay the gas fees
|
|
||||||
|
|
||||||
#### Step 5 - Check out the challenge results and see If you are one of the winners.
|
You can see the ongoing challenge right away together with some key informations such as submission deadline and available rewards.
|
||||||
|
|
||||||
<figure><img src="../.gitbook/assets/challenge-history.png" alt=""></figure>
|
Follow the README steps to publish your model and compete in the challenge.
|
||||||
- Connect your wallet to the Data Farming dApp using the Ethereum network (mainnet)
|
|
||||||
|
|
||||||
#### Step 6 - View and claim rewards.
|
<figure><img src="../.gitbook/assets/rewards/challenge-df-readme.png" alt=""><figcaption><p>How to submit ChallengeDF</p></figcaption></figure>
|
||||||
|
|
||||||
<figure><img src="../.gitbook/assets/challenge-substream.png" alt=""><figcaption><p>Click the Claim Rewards button</p></figcaption></figure>
|
#### Step 5 - Check weekly results
|
||||||
|
|
||||||
- Connect your wallet first.
|
Challenge DF weekly results become available at the end of every Data Farming round and can be viewed in the Challenges page.
|
||||||
- Your Challenge rewards will be displayed in the rewards metric of the Challenge DF substream section. They will also be combined with other active rewards and shown in the total rewards section.
|
|
||||||
- To claim your Challenge DF rewards along with other active rewards, simply click on the "Claim Rewards" button in the Active Rewards section.
|
The top 3 competitors win prizes and are visible in the leaderboard.
|
||||||
|
|
||||||
|
<figure><img src="../.gitbook/assets/rewards/challenge-history.png" alt=""><figcaption><p>Past Challenges leaderboard</p></figcaption></figure>
|
||||||
|
|
||||||
|
#### Step 6 - View and claim Active Rewards.
|
||||||
|
|
||||||
|
To view and claim your rewards:
|
||||||
|
1. Make sure your wallet is connected.
|
||||||
|
2. Your Challenge DF substream rewards will be displayed to the left besides "rewards". As you can see, it will be added to other active rewards that can be claimed besides "total rewards".
|
||||||
|
3. To claim all Active Rewards including your Challenge DF rewards, simply click on the "Claim Rewards" button.
|
||||||
|
|
||||||
|
<figure><img src="../.gitbook/assets/rewards/challenge-substream.png" alt=""><figcaption><p>Click the Claim Rewards button</p></figcaption></figure>
|
@ -2,13 +2,15 @@
|
|||||||
description: Make extra dosh with active rewards yield in Data Farming
|
description: Make extra dosh with active rewards yield in Data Farming
|
||||||
---
|
---
|
||||||
|
|
||||||
# Harvest More Yield Data Farming - Volume DF
|
# Harvest More Yield - Volume DF
|
||||||
|
|
||||||
<figure><img src="../.gitbook/assets/gif/farming.gif" alt=""><figcaption></figcaption></figure>
|
<figure><img src="../.gitbook/assets/rewards/gif/volume-df.gif" alt=""><figcaption></figcaption></figure>
|
||||||
|
|
||||||
## Get More Yield from Volume DF Rewards
|
## Get More Rewards from Volume DF
|
||||||
|
|
||||||
The bread and butter of the Data Farming dApp is incentivizing OCEAN rewards for curating and publishing valuable assets in the Ocean ecosystem. The way that users curate assets is by **allocating veOCEAN** to them using the Data Farming dApp. We'll show you how!
|
The bread and butter of the Data Farming dApp is incentivizing OCEAN rewards for curating and publishing valuable assets in the Ocean ecosystem.
|
||||||
|
|
||||||
|
The way that users curate assets is by **pointing their Allocation Power** to them using the Data Farming dApp. We'll show you how!
|
||||||
|
|
||||||
#### Step 1 - Navigate to the Data Farming dApp
|
#### Step 1 - Navigate to the Data Farming dApp
|
||||||
|
|
||||||
@ -20,40 +22,20 @@ The bread and butter of the Data Farming dApp is incentivizing OCEAN rewards for
|
|||||||
|
|
||||||
#### Step 3 - Click on the VolumeDF tab in the top menu
|
#### Step 3 - Click on the VolumeDF tab in the top menu
|
||||||
|
|
||||||
<figure><img src="../.gitbook/assets/volumeDF-page.png" alt=""><figcaption><p>Click the VolumeDF page link in the menu</p></figcaption></figure>
|
<figure><img src="../.gitbook/assets/rewards/volumeDF-page.png" alt=""><figcaption><p>Click the VolumeDF page link in the menu</p></figcaption></figure>
|
||||||
|
|
||||||
#### Step 4 - Select the assets which you would like to allocate to by toggling the percentage allocation at the end of the row
|
#### Step 4 - Select the assets which you would like to allocate to by toggling the percentage allocation at the end of the row
|
||||||
|
|
||||||
- On the rightmost column, toggle the percentage of your total veOCEAN that you wish to allocate to each asset of your choice. You will **get a portion of the sales** of each asset that you allocate to!
|
- On the rightmost column, toggle the percentage of your total Allocation Power that you wish to allocate to each asset of your choice. You will **get a portion of the sales** of each asset that you allocate to!
|
||||||
- Note that if you allocate to an asset that YOU published, then you will get an **allocation** **boost** and your allocation will be counted as **2x**. The rows for assets that you publish will appear cream-colored.
|
- Note that if you allocate to an asset that YOU published, then you will get an **effective 2x allocation boost**. The rows for assets that you publish will appear cream-colored.
|
||||||
|
|
||||||
<figure><img src="../.gitbook/assets/allocations.png" alt=""><figcaption><p>Toggle the percentage of your veOCEAN that you would like to allocate to each asset</p></figcaption></figure>
|
<figure><img src="../.gitbook/assets/rewards/allocations.png" alt=""><figcaption><p>Toggle the percentage of your veOCEAN that you would like to allocate to each asset</p></figcaption></figure>
|
||||||
|
|
||||||
#### Step 5 - Click the Update Allocations button
|
#### Step 5 - Click the Update Allocations button
|
||||||
|
|
||||||
- Click the pink Update Allocations button
|
- Click the pink Update Allocations button
|
||||||
- Sign the transactions with your wallet & pay the gas fees
|
- Sign the transactions with your wallet & pay the gas fees
|
||||||
|
|
||||||
<figure><img src="../.gitbook/assets/update-allocations.png" alt=""><figcaption><p>Click the Update Allocations button</p></figcaption></figure>
|
<figure><img src="../.gitbook/assets/rewards/update-allocations.png" alt=""><figcaption><p>Click the Update Allocations button</p></figcaption></figure>
|
||||||
|
|
||||||
That's it! You've successfully allocated (aka "voted on") your favorite assets in the Ocean ecosystem using your veOCEAN tokens and are generating active rewards yield. Now, just wait until next Thursday to see if you can [claim any OCEAN rewards](claim-ocean-rewards.md) on the Active Rewards section of the [Rewards page](https://df.oceandao.org/rewards) for your portion of the assets' sales. Remember that your first time claiming rewards will require at least one week, but not more than 2 weeks of wait!
|
That's it! You've successfully allocated (aka "voted on") your favorite assets in the Ocean ecosystem using your veOCEAN tokens and are generating active rewards yield. Now, just wait until next Thursday to see if you can [claim any OCEAN rewards](claim-ocean-rewards.md) on the Active Rewards section of the [Rewards page](https://df.oceandao.org/rewards) for your portion of the assets' sales. Remember that your first time claiming rewards will require at least one week, but not more than 2 weeks of wait!
|
||||||
|
|
||||||
### How to Delegate Your Active Rewards
|
|
||||||
|
|
||||||
Do you have multiple wallets? Say you want to send rewards to someone you 💖 We have a solution for that! Data Farming's [Delegate](https://df.oceandao.org/delegate) feature allows you to transfer your veOCEAN allocation power to another wallet address. Another reason for delegating - you might be able to earn a higher annual percentage yield (APY) by delegating your active rewards to an address that more efficiently manages your allocation. For all these reasons and more, then you might want to delegate - go to [https://df.oceandao.org/delegate](https://df.oceandao.org/delegate) to make the magic happen ✨
|
|
||||||
|
|
||||||
When you delegate, you transfer 100% of your veOCEAN allocation power for a limited period. You can delegate your active rewards \*without\* the need for reallocation and transaction fees! Note that after you delegate, then you cannot manage your allocations until the delegation expires. The delegation expiration date is the same as your veOCEAN Lock End Date at the time of delegation. If necessary, you can extend your Lock End Date before delegating. You can also cancel your delegation at any time 💪 Once delegated, rewards will be sent to the wallet address you delegated to. Then, the delegation receiver is in charge of your active rewards and is responsible for returning those back to you should you choose to do so. 
|
|
||||||
|
|
||||||
Follow these steps to delegate your veOCEAN:
|
|
||||||
|
|
||||||
1. Go to the [Data Farming dApp](https://df.oceandao.org).
|
|
||||||
2. Navigate to the [Delegate page](https://df.oceandao.org/delegate).
|
|
||||||
3. Enter the wallet address you wish to delegate your active rewards to into the 'Receiver wallet address' field.
|
|
||||||
4. Click the Delegate button and sign the transaction with your wallet. You can view information about your delegation in the My Delegations component.
|
|
||||||
5. If you desire, the you can cancel the delegation to regain your allocation power before the delegation expires.
|
|
||||||
|
|
||||||
#### What if someone delegates active rewards to you?
|
|
||||||
|
|
||||||
If you receive veOCEAN allocation power from other wallets, then you will receive their active rewards. You cannot delegate the veOCEAN you received from delegates, only the veOCEAN you received from your lock. 
|
|
||||||
|
|
||||||
<figure><img src="https://1520763098-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FzQlpIJEeu8x5yl0OLuXn%2Fuploads%2Fgit-blob-423f12f5b84205ab6cff8b79a1211fcd955d637c%2FveOCEAN-Delegation.png?alt=media" alt=""><figcaption></figcaption></figure>
|
|
||||||
|