From 8ccc930300261c4871f838e90717402ccb1c7b3e Mon Sep 17 00:00:00 2001 From: Veronica Manuel Date: Wed, 28 Jun 2023 16:15:37 +0000 Subject: [PATCH] GITBOOK-632: change request with no subject merged in GitBook --- SUMMARY.md | 1 - rewards/README.md | 4 ++-- rewards/delegation.md | 19 ------------------- rewards/df-max-out-yield.md | 4 ++++ 4 files changed, 6 insertions(+), 22 deletions(-) delete mode 100644 rewards/delegation.md diff --git a/SUMMARY.md b/SUMMARY.md index 688ec513..67f371fc 100644 --- a/SUMMARY.md +++ b/SUMMARY.md @@ -118,7 +118,6 @@ * [DF Max Out Yield (Purple Belt)](rewards/df-max-out-yield.md) * [DF "ve" in veOCEAN (Brown Belt)](rewards/veocean.md) * [DF Emissions & APYs (Black Belt)](rewards/df-emissions-apys.md) - * [Delegation](rewards/delegation.md) * [🤝 Contribute](contribute/README.md) * [Partners & Collaborators](contribute/projects-using-ocean.md) * [Contributor Code of Conduct](contribute/code-of-conduct.md) diff --git a/rewards/README.md b/rewards/README.md index b60a57b5..653df40f 100644 --- a/rewards/README.md +++ b/rewards/README.md @@ -24,7 +24,7 @@ veOCEAN is a fork of veCRV. This enables participants to become a governance del ## Data Farming -![DF Rewards Page](../.gitbook/assets/rewards/df_rewards_page.png) +![DF Rewards Page](../.gitbook/assets/rewards/df\_rewards\_page.png) [Data Farming 101](df-intro.md) introduces the different reward systems, how they work, and how to access them. By the end of the page, you should be more familiar with how Data Farming works and able to take next steps to curate assets. @@ -32,7 +32,7 @@ veOCEAN is a fork of veCRV. This enables participants to become a governance del ## Delegation -[Delegation](delegation.md) will teach you how to share your veOCEAN allocation power to other users who can manage Data Farming for you. +[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 Data Farming for you. 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. diff --git a/rewards/delegation.md b/rewards/delegation.md deleted file mode 100644 index 92d70b36..00000000 --- a/rewards/delegation.md +++ /dev/null @@ -1,19 +0,0 @@ -## Delegation - -Delegation allows you to temporarily transfer your veOCEAN allocation power to another wallet address. This feature enables you to earn a higher annual percentage yield (APY) by delegating to an address that efficiently manages your allocation, without the need for reallocation and transaction fees. - -If you have multiple wallets, delegation enables you to manage your allocations with just one wallet address. - -When you delegate, you transfer 100% of your veOCEAN allocation power for a limited period. After delegation, you cannot manage your allocations until the delegation expires. The delegation expiration date is the same as the veOCEAN lock end date at the time of delegation. If necessary, you can extend your lock before delegating. You can cancel your delegation at any time. - -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. - -Follow these steps to delegate you veOcean: - -1. Go to the DF Portal and enter or copy the wallet address you wish to delegate to into the 'Receiver wallet address' field. -2. Click the Delegate button and sign the transaction. You can view information about your delegation in the My Delegations component. -3. If needed, you can cancel the delegation to regain your allocation power before the delegation expires. - -![](../.gitbook/assets/rewards/veOcean-Delegation.png) - -If you receive veOCEAN allocation power from other wallets, you will receive their rewards and be responsible for distributing rewards to the delegators. You cannot delegate the veOCEAN you received from delegates, only the veOCEAN you received from your lock. diff --git a/rewards/df-max-out-yield.md b/rewards/df-max-out-yield.md index d32c2927..c03548e4 100644 --- a/rewards/df-max-out-yield.md +++ b/rewards/df-max-out-yield.md @@ -19,6 +19,10 @@ Thus, if you really want to max out your APY: 3. Lock OCEAN and stake veOCEAN on your published assets for weekly Active Rewards 4. Claim the rewards +#### Don't have time to publish your own datasets? + +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). + ### Those assets don't sell themselves! Marketing your assets to buyers is your challenge. Just because you publish them in the Ocean ecosystem doesn't mean that they will sell. It will take real work. Your reward is great APY. Its incentives all the way down 🙂