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Make extra dosh with active rewards yield in Data Farming |
Harvest More Yield Data Farming
The bread and butter of the Data Farming dApp is incentivizing OCEAN rewards for curating valuable assets on the Ocean Market. The way that users curate assets is by allocating veOCEAN to them using the Data Farming dApp. We'll show you how!
Step 1 - Navigate to the Data Farming dApp
- Go to https://df.oceandao.org
Step 2 - Connect your wallet
- Connect your wallet to the Data Farming dApp using the Ethereum network (mainnet)
Step 3 - Click on the Farms tab in the top menu
Step 4 - Select the assets on the Ocean Market which you would like to allocate to by toggling the percentage allocation at the end of the row
- On the rightmost column, toggle the percentage of your total veOCEAN that you wish to allocate to each asset of your choice. You will get a portion of the sales of each asset that you allocate to!
- Note that if you allocate to an asset which YOU published, then you will get 2x the rewards of any sales. The rows for assets that you publish will appear cream colored.
Step 5 - Click the Update Allocations button
- Click the pink Update Allocations button
- Sign the transactions with your wallet & pay the gas fees
That's it! You've successfully allocated (aka "voted on") your favorite assets on the Ocean Market using your veOCEAN tokens and are generating active rewards yield. Now, just wait until next Thursday to see if you can claim any OCEAN rewards on the Active Rewards section of the Rewards page for your portion of the assets' sales. Remember that your first time claiming rewards will require at least one week, but not more than 2 weeks of wait!