Oceaners, Data Farming Main is live. We enter the final phase of DF with 150K weekly OCEAN rewards, which will grow to 1M+.
16 Mar 2023, 17:55
Oceaners, Data Farming Main is live! π
We enter the final phase of DF with 150K weekly OCEAN rewards, which will grow to 1M+.
Earn by locking OCEAN & by curating data. And creating valuable data!
Ocean Data Farming (DF) is like DeFi liquidity mining, but tuned to drive Data Consume Volume (DCV) in the Ocean ecosystem.
Your actions: πLock OCEAN β get veOCEAN β earn Data Farming rewardsπ°
Each week, DF emits OCEAN: 50% to passive rewards and 50% to active rewards.
Passive rewards go to veOCEAN holders with no additional actions
Active rewards go to veOCEAN holders who have pointed their veOCEAN to data assets with high Data Consume Volume (DCV).
Typical APYs are 5β20%, 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, and other factors.
*Green = APY from active+passive.
Black = APY from passive.
Yellow = estimated OCEAN locked
To get high APY you need high DCV.
So, to max out your APY:
- create & publish & sell truly useful datasets
- OR consume the datasets
Then go stake on these datasets, and get your sweet, sweet APY π¬
Truly useful datasets close the data value-creation loop (shown).
As of DF29 -- the DF Main Launch -- wash consume is no longer profitable.
So, one can no longer publish & "fake" consume one's own assets to make a buck.
Now, organically-generated Data Consume Volume will be the main driver of active DF rewards.
DF has gone through three phases so far:
- DF Alpha: DF1-DF4 (4 wks). 10K OCEAN/wk
- DF/VE Alpha: DF5-DF8 (4 wks). 10K ""
- DF Beta: DF9-DF28 (20 wks). Up to 75K ""
And it just entered its final phase:
- DF Main: DF29+ (decades)
Shown: first 5 yrs
DF Main emits 503.4M OCEAN π€― of rewards, from 1.41B supply.
Sub-phases:
- DF Main 1: DF29-79 (52 wks). 150K OCEAN/wk
- DF Main 2: DF80β105 (26 wks). 300K ""
- DF Main 3: DF106-131 (26 wks). 600K ""
- DF Main 4: DF132-1000+ (decades). >1.1M "", with decay
Shown: first 20 yrs
Ready to start earning?
Go to df.oceandao.org and lock some OCEAN for veOCEAN.
Now you're teed up for passive rewards.
And to earn more, do active curation and drive DCV of data.
To recap: Data Farming's is now in its final phase, DF Main.
150K weekly OCEAN rewards, growing to 1M+. APYs typically 5-20%.
Earn by locking OCEAN and by curating data. And creating valuable data!
Bonus: executing on DF is a key part of Ocean core's overall 2023 plans π
Same news in other sources
116 Mar 2023, 17:58
Oceaners, Data Farming Main is live! π
We enter the final phase of DF with 150K weekly OCEAN rewards, which will grow to 1M+.
Earn by locking OCEAN & by curating data. And creating valuable data!
Ocean Data Farming (DF) is like DeFi liquidity mining, but tuned to drive Data Consume Volume (DCV) in the Ocean ecosystem.
Your actions: πLock OCEAN β get veOCEAN β earn Data Farming rewardsπ°
Each week, DF emits OCEAN: 50% to passive rewards and 50% to active rewards.
Passive rewards go to veOCEAN holders with no additional actions
Active rewards go to veOCEAN holders who have pointed their veOCEAN to data assets with high Data Consume Volume (DCV).
Typical APYs are 5β20%, 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, and other factors.
*Green = APY from active+passive.
Black = APY from passive.
Yellow = estimated OCEAN locked
To get high APY you need high DCV.
So, to max out your APY:
- create & publish & sell truly useful datasets
- OR consume the datasets
Then go stake on these datasets, and get your sweet, sweet APY π¬
Truly useful datasets close the data value-creation loop (shown).
As of DF29 -- the DF Main Launch -- wash consume is no longer profitable.
So, one can no longer publish & "fake" consume one's own assets to make a buck.
Now, organically-generated Data Consume Volume will be the main driver of active DF rewards.
DF has gone through three phases so far:
- DF Alpha: DF1-DF4 (4 wks). 10K OCEAN/wk
- DF/VE Alpha: DF5-DF8 (4 wks). 10K ""
- DF Beta: DF9-DF28 (20 wks). Up to 75K ""
And it just entered its final phase:
- DF Main: DF29+ (decades)
Shown: first 5 yrs
DF Main emits 503.4M OCEAN π€― of rewards, from 1.41B supply.
Sub-phases:
- DF Main 1: DF29-79 (52 wks). 150K OCEAN/wk
- DF Main 2: DF80β105 (26 wks). 300K ""
- DF Main 3: DF106-131 (26 wks). 600K ""
- DF Main 4: DF132-1000+ (decades). >1.1M "", with decay
Shown: first 20 yrs
Ready to start earning?
Go to df.oceandao.org and lock some OCEAN for veOCEAN.
Now you're teed up for passive rewards.
And to earn more, do active curation and drive DCV of data.
To recap: Data Farming's is now in its final phase, DF Main.
150K weekly OCEAN rewards, growing to 1M+. APYs typically 5-20%.
Earn by locking OCEAN and by curating data. And creating valuable data!
Bonus: executing on DF is a key part of Ocean core's overall 2023 plans π
Oceaners, Data Farming Main is live. We enter the final phase of DF with 150K weekly OCEAN rewards, which will grow to 1M+.
Oceaners, Data Farming Main is live! π
We enter the final phase of DF with 150K weekly OCEAN rewards, which will grow to 1M+.
Earn by locking OCEAN & by curating data. And creating valuable data!
https://blog.oceanprotocol.com/ocean-data-farming-main-is-here-49c99602419e
Ocean Data Farming (DF) is like DeFi liquidity mining, but tuned to drive Data Consume Volume (DCV) in the Ocean ecosystem.
Your actions: πLock OCEAN β get veOCEAN β earn Data Farming rewardsπ°
Each week, DF emits OCEAN: 50% to passive rewards and 50% to active rewards.
Passive rewards go to veOCEAN holders with no additional actions
Active rewards go to veOCEAN holders who have pointed their veOCEAN to data assets with high Data Consume Volume (DCV).
Typical APYs are 5β20%, 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, and other factors.
*Green = APY from active+passive.
Black = APY from passive.
Yellow = estimated OCEAN locked
To get high APY you need high DCV.
So, to max out your APY:
- create & publish & sell truly useful datasets
- OR consume the datasets
Then go stake on these datasets, and get your sweet, sweet APY π¬
Truly useful datasets close the data value-creation loop (shown).
As of DF29 -- the DF Main Launch -- wash consume is no longer profitable.
So, one can no longer publish & "fake" consume one's own assets to make a buck.
Now, organically-generated Data Consume Volume will be the main driver of active DF rewards.
DF has gone through three phases so far:
- DF Alpha: DF1-DF4 (4 wks). 10K OCEAN/wk
- DF/VE Alpha: DF5-DF8 (4 wks). 10K ""
- DF Beta: DF9-DF28 (20 wks). Up to 75K ""
And it just entered its final phase:
- DF Main: DF29+ (decades)
Shown: first 5 yrs
DF Main emits 503.4M OCEAN π€― of rewards, from 1.41B supply.
Sub-phases:
- DF Main 1: DF29-79 (52 wks). 150K OCEAN/wk
- DF Main 2: DF80β105 (26 wks). 300K ""
- DF Main 3: DF106-131 (26 wks). 600K ""
- DF Main 4: DF132-1000+ (decades). >1.1M "", with decay
Shown: first 20 yrs
Ready to start earning?
Go to df.oceandao.org and lock some OCEAN for veOCEAN.
Now you're teed up for passive rewards.
And to earn more, do active curation and drive DCV of data.
To recap: Data Farming's is now in its final phase, DF Main.
150K weekly OCEAN rewards, growing to 1M+. APYs typically 5-20%.
Earn by locking OCEAN and by curating data. And creating valuable data!
Bonus: executing on DF is a key part of Ocean core's overall 2023 plans π
https://blog.oceanprotocol.com/ocean-protocol-update-2023-44ed14510051