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Making a couple of small adjustments to comment on APY

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idiom-bytes 2023-07-26 13:07:19 -07:00
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rewards/df-intro.md
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@ -16,6 +16,8 @@ OCEAN rewards are paid out at the end of each week to Data Farmers through two d
These two reward streams produce different variable APYs.
To receive a competitve short-term APYs, veOCEAN requires users to make long-term commitments.
Rewards are paid out at the end of each round.
#### Splitting the Pie
@ -26,7 +28,6 @@ Each Data Farming round has a pool of OCEAN rewards, where 50% of the pool is pa
| --------------- | -------------- |
| 50% | 50% |
<figure><img src="../.gitbook/assets/rewards/df-reward-streams.png" alt=""><figcaption><p>Rewards Page overview for each stream.</p></figcaption></figure>
### What are Passive Rewards?

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rewards/df-veocean.md
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@ -72,9 +72,9 @@ The veOCEAN code is a fork of Curve's battle tested [veCRV](https://curve.readth
Here are some good mental models to improve the outcome of your APY.
1. The longer you lock, the more you'll earn.
2. To improve yield, you will need to make good decisions for how long you'll choose to lock. The best way to do this is to learn how [Time Locking](#veocean-time-locking) and [Linear Decay](#linear-decay) function.
2. APYs are always calculated by dividing the amount of OCEAN received from rewards, by the relative amount of OCEAN locked up.
3. As a rule: _wherever APYs are provided to the user in the app (df.oceandao.org), they are caclulated assuming an initial 4-year lock up period with a weekly schedule of compounding rewards into an updated 4-year lock. This estimate works provided current: number of users, reward emissions, and other reward parameters stay constant while excluding all tx fees._
1. To improve yield, you will need to make good decisions for how long you'll choose to lock. The best way to do this is to learn how [Time Locking](#veocean-time-locking) and [Linear Decay](#linear-decay) function.
1. APYs are always calculated by dividing the amount of OCEAN received from rewards, by the relative amount of OCEAN locked up.
1. As a rule: _wherever APYs are provided to the user in the app (df.oceandao.org), they are caclulated assuming an initial 4-year lock up period with a weekly schedule of compounding rewards into an updated 4-year lock. This estimate works provided current: number of users, reward emissions, and other reward parameters stay constant while excluding all tx fees._
To help you more easily understand APYs, we have provided a couple of examples in the [how to estimate APY](../user-guides/data-farming/how-to-estimate-apy.md) user guide so you can visualize different setups and their relative yields.