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docs/predictoor/pdr-parameters.md
2023-10-05 22:40:21 -07:00

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Predictoor Parameters

Testnet Details

As of Sep 12, 2023, Predictoor / Ocean contracts are deployed to Oasis Sapphire testnet.

Users need fake OCEAN & ROSE tokens. You can find the Tutorial on How to Get tokens here.

Fake OCEAN. Staking & payment is in fake OCEAN. Users acquire it via a faucet.
Fake ROSE. Gas fees are in fake ROSE. Users acquire it via a faucet.

Mainnet Details

As of Oct 10, 2023, Predictoor / Ocean contracts are deployed to Oasis Sapphire mainnet.

Users need (real) OCEAN & ROSE tokens:

OCEAN. Staking & payment is in OCEAN. Users acquire OCEAN via exchanges. Users bridge OCEAN tokens from ETH mainnet to Oasis Sapphire mainnet via Celer.
ROSE. Gas fees are in ROSE. Users bridge tokens bridge from Oasis Emerald mainnet to Oasis Sapphire mainnet via Celer. Read the details here

Feeds Published

For testnet, there are 10 feeds: X/USDT pair for each of the top-10 coins by market cap (ignoring stablecoins), 5m timescales, on Binance, >0% fees on Binance. Paid feeds. The coins are: X = BTC, ETH, BNB, XRP, ADA, DOGE, SOL, LTC, TRX, DOT

For both testnet and mainnet, there are 20 feeds:

  • X/USDT pair for each of the top-10 coins by market cap (ignoring stablecoins), on Binance, 5m timescales, on Binance. The coins are: X = BTC, ETH, BNB, XRP, ADA, DOGE, SOL, LTC, TRX, DOT
  • Like above, but for 60m timescales

Pricing

The price to subscribe to one feed for 24 hours is 3.00 OCEAN. This includes all fees.

Fee details:

  • 0.1% community swap fee
  • 20% fee to Ocean Protocol Foundation. (Will be used to further drive Predictoor, and to burn OCEAN.)
  • For reference, price without fees is 2.49791840133 OCEAN. To calculate this: Let x = price without fees. Then x * (1 + 0.20 + 0.001) = 3.0 → x = 3.0 / (1 + 0.20 + 0.001) = 2.49791840133

Pricing is subject to change based on learnings, and feedback from community.

Predictoor Data Farming

Ocean Data Farming (DF) is an incentives program currently with 150K OCEAN rewards per week.

In Nov 2nd, a reward stream will be introduced to incentivize predictoors. This reward stream will provide 37,000 OCEAN in weekly rewards. You can find more about it in Data Farming Intro - What are Active Rewards?