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| apys.md | ||
| challengedf.md | ||
| claim-rewards.md | ||
| faq.md | ||
| ocean-reward-schedule.md | ||
| predictoordf.md | ||
| README.md | ||
| veocean-passivedf.md | ||
| volumedf.md | ||
| description | cover | coverY |
|---|---|---|
| Earn OCEAN rewards by locking OCEAN, curating data, and making predictions. | ../.gitbook/assets/cover/data_farming_banner.png | 0 |
What is Data Farming?
Data Farming (DF) is Ocean's incentive program. It rewards OCEAN to participants who lock OCEAN into veOCEAN, curate data, or make predictions -- all in the name of driving data consume volume (DCV). DF is a bit like DeFi liquidity mining, but tuned for DCV.
The DF webapp is where users perform most DF actions.
There is currently 150,000 OCEAN / week available for DF rewards.
DF Streams & Budgets
DF is organized into two streams: Passive DF and Active DF. Each has 50% of the DF budget. Passive DF allows for passive earning potential. Active DF requires more engagement; it has several substreams, each with its own activity.
Here are all streams & substreams. The links lead to dedicated pages.
- Passive DF. 75,000 OCEAN per week. Lock OCEAN for veOCEAN; rewards are pro-rata to veOCEAN holdings.
- Active DF. 75,000 OCEAN per week. It has these substreams:
- Volume DF. Allocate veOCEAN towards data assets with high DCV, ie "curate data". Rewards are a function of DCV and veOCEAN stake.
- Challenge DF. Predict future ETH price, one-time weekly. Rewards are a function of accuracy. Runs from DF48 — DF65.
- Predictoor DF. Run prediction bots to earn continuously. Starts on DF62.
All streams and substreams repeat weekly that start on Thursdays 00:00 at UTC and end on Wed at 23:59 UTC.
Claiming rewards You can claim rewards** each Thursday, or wait and claim many weeks' of rewards at once.
Active DF's substreams can -- and do -- evolve over time. It's chronicled here.
Reward Schedule & APYs
Reward Schedule. The 150,000 OCEAN / week currently available for DF rewards will increase over time to over 1.1M OCEAN / week.
Yields. Typical APYs are 5–20%, but may be as high as 45% and as low as 1%. APYs will vary week to week. APY depends on total OCEAN staked, duration of OCEAN lock, DCV, what DF streams you participate in, and other factors.
Further resources
- The DF FAQ answers more questions.
- Main DF github repos: df-py (backend), df-web (frontend)
- The Ocean Data Farming Series blog has a chronological account of all Data Farming activities since its inception. It links to related blog posts.