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docs/predictoor/pdr-parameters.md
2023-09-29 17:49:16 -07:00

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Predictoor Parameters

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 mainnet, tentatively, there will be 20 feeds:

  • 10x at 5m timescales like above
  • 10x at 60m timescales like above

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?