1
0
mirror of https://github.com/oceanprotocol/docs.git synced 2024-11-01 07:45:40 +01:00

GITBOOK-441: change request with no subject merged in GitBook

This commit is contained in:
Veronica Manuel 2023-06-07 13:50:24 +00:00 committed by gitbook-bot
parent 588a4dec6f
commit a191ef6a95
No known key found for this signature in database
GPG Key ID: 07D2180C7B12D0FF
2 changed files with 8 additions and 9 deletions

View File

@ -10,7 +10,7 @@ description: >-
### How to Maximize Your Yield ### How to Maximize Your Yield
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** on the Ocean Market. (No revenue, no rewards.) In addition, Data Farming incentivizes **publishing** assets on the Ocean Market too - you get **2x the allocation power** when you allocate to an asset that you publish! 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!
Thus, if you really want to max out your APY: Thus, if you really want to max out your APY:
@ -21,13 +21,13 @@ Thus, if you really want to max out your APY:
### Those assets don't sell themselves! ### Those assets don't sell themselves!
Marketing your assets to buyers is your challenge. Just because you list them on the Ocean Market doesn't mean that they will sell. It will take real work. Your reward is great APY. Its incentives all the way down :) 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 :)
<figure><img src="../.gitbook/assets/hustlin.gif" alt=""><figcaption></figcaption></figure> <figure><img src="../.gitbook/assets/hustlin.gif" alt=""><figcaption></figcaption></figure>
### Measuring Data Farming's Success ### Measuring Data Farming's Success
**Data Consume Volume (DCV)** is a our term for **the total $ amount spent on purchases of Ocean Market assets**, transaction fees, and more. The higher DCV of Ocean Market assets, then the more OCEAN rewards are distributed to Data Farmers. It's that simple! **Data Consume Volume (DCV)** is a our term for **the total $ amount spent on purchases of Ocean ecosystem assets**, transaction fees, and more. The higher DCV of Ocean ecosystem assets, then the more OCEAN rewards are distributed to Data Farmers. It's that simple!
### How Rewards are Calculated ### How Rewards are Calculated
@ -50,7 +50,7 @@ At the top-end, this helps increase quality and diversification of inventory.
At the bottom-end, this eliminates some potential free-rider issues and smooths out the reward distribution. At the bottom-end, this eliminates some potential free-rider issues and smooths out the reward distribution.
![Ranked Rewards](../.gitbook/assets/rewards/ranked_rewards_study.png) ![Ranked Rewards](../.gitbook/assets/rewards/ranked\_rewards\_study.png)
You can read more about the why, what, and how of Ranked Rewards [in this blog post](https://blog.oceanprotocol.com/data-farming-df22-completed-df23-started-reward-function-tuned-ffd4359657ee) and find the full study [in these slides](https://docs.google.com/presentation/d/1HIA2zV8NUPpCELmi2WFwnAbHmFFrcXjNQiCpEqJ2Jdg/). You can read more about the why, what, and how of Ranked Rewards [in this blog post](https://blog.oceanprotocol.com/data-farming-df22-completed-df23-started-reward-function-tuned-ffd4359657ee) and find the full study [in these slides](https://docs.google.com/presentation/d/1HIA2zV8NUPpCELmi2WFwnAbHmFFrcXjNQiCpEqJ2Jdg/).
@ -63,7 +63,6 @@ The asset may be of any type — dataset, algorithm for Compute-to-Data, or any
To qualify for DF, an asset must also: To qualify for DF, an asset must also:
* Have been created by Ocean Smart contracts [deployed](https://github.com/oceanprotocol/contracts/blob/v4main/addresses/address.json) by OPF to [production networks](https://docs.oceanprotocol.com/discover/networks) * Have been created by Ocean Smart contracts [deployed](https://github.com/oceanprotocol/contracts/blob/v4main/addresses/address.json) by OPF to [production networks](https://docs.oceanprotocol.com/discover/networks)
* Be visible on [Ocean Market](https://market.oceanprotocol.com/)
* Cant be in [purgatory](https://github.com/oceanprotocol/list-purgatory/blob/main/policies/README.md) * Cant be in [purgatory](https://github.com/oceanprotocol/list-purgatory/blob/main/policies/README.md)
### A Brief History of Data Farming ### A Brief History of Data Farming

View File

@ -12,7 +12,7 @@ description: >-
"ve" stands for <mark style="color:orange;">**vote escrowed**</mark>. And the "vote" part of "ve" and veOCEAN is what you really need to pay attention to in order to truly understand the function of this token. "ve" stands for <mark style="color:orange;">**vote escrowed**</mark>. And the "vote" part of "ve" and veOCEAN is what you really need to pay attention to in order to truly understand the function of this token.
You see, when you acquire veOCEAN via locking your OCEAN tokens in our Data Farming dApp, the intended use is to **vote on your favorite assets** on the Ocean Market! You see, when you acquire veOCEAN via locking your OCEAN tokens in our Data Farming dApp, the intended use is to **vote on your favorite assets** in the Ocean ecosystem!
When you vote on assets that sell, then **you get a portion of the sales**! When you vote on assets that sell, then **you get a portion of the sales**!
@ -25,9 +25,9 @@ veOCEAN allows you to engage with different Ocean Protocol mechanisms and benefi
4 key utility functionalities of veOCEAN: 4 key utility functionalities of veOCEAN:
1. **Holding it** veOCEAN pays **Passive OCEAN Rewards** every week. 1. **Holding it** veOCEAN pays **Passive OCEAN Rewards** every week.
2. **Allocating it** veOCEAN pays **Active OCEAN Rewards** every week to the top selling assets on the Ocean Market. 2. **Allocating it** veOCEAN pays **Active OCEAN Rewards** every week to the top selling assets in the Ocean ecosystem.
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. 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.
4. **2x Publisher Stake** If you are a publisher on the Ocean Market, 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 on the Ocean Market further. 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.
### The Nitty Gritty of **Passive & Active Rewards** ### The Nitty Gritty of **Passive & Active Rewards**
@ -39,7 +39,7 @@ veOCEAN holders get weekly Data Farming rewards with a small carveout for any Oc
veOCEAN holders can generate yield completely passively if they wish, though they are incentivized with larger real yield if they **actively participate** in farming yield from assets. veOCEAN holders can generate yield completely passively if they wish, though they are incentivized with larger real yield if they **actively participate** in farming yield from assets.
Active rewards follow the usual Data Farming formula: $ of sales of the asset \* allocation to that asset.\*\* But also every transaction in Ocean Market and Ocean Protocol backend infrastructure generates **"community swap" fees that go into Active Rewards**. 50% of the community fees goes to veOCEAN holders, and 50% goes to the Ocean Protocol Foundation's community-oriented traction programs. Active rewards follow the usual Data Farming formula: $ of sales of the asset \* allocation to that asset.\*\* But also every transaction in the Ocean ecosystem and Ocean Protocol backend infrastructure generates **"community swap" fees that go into Active Rewards**. 50% of the community fees goes to veOCEAN holders, and 50% goes to the Ocean Protocol Foundation's community-oriented traction programs.
\*\*There is no liquidity locked inside a datatoken pool, and this allocation is safe: you cant lose your OCEAN as it is merely locked. \*\*There is no liquidity locked inside a datatoken pool, and this allocation is safe: you cant lose your OCEAN as it is merely locked.