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Making a couple of small adjustments to comment on APY
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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
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These two reward streams produce different variable APYs.
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These two reward streams produce different variable APYs.
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To receive a competitve short-term APYs, veOCEAN requires users to make long-term commitments.
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Rewards are paid out at the end of each round.
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Rewards are paid out at the end of each round.
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#### Splitting the Pie
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#### Splitting the Pie
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@ -26,7 +28,6 @@ Each Data Farming round has a pool of OCEAN rewards, where 50% of the pool is pa
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| --------------- | -------------- |
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| --------------- | -------------- |
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| 50% | 50% |
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| 50% | 50% |
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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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<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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### What are Passive Rewards?
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### What are Passive Rewards?
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@ -72,9 +72,9 @@ The veOCEAN code is a fork of Curve's battle tested [veCRV](https://curve.readth
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Here are some good mental models to improve the outcome of your APY.
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Here are some good mental models to improve the outcome of your APY.
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1. The longer you lock, the more you'll earn.
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1. The longer you lock, the more you'll earn.
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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.
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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.
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2. APYs are always calculated by dividing the amount of OCEAN received from rewards, by the relative amount of OCEAN locked up.
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1. APYs are always calculated by dividing the amount of OCEAN received from rewards, by the relative amount of OCEAN locked up.
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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._
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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._
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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.
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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.
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