DF79 Completes and DF80 Launches

Stakers can claim DF79 rewards. DF80 runs Mar 7 — Mar 14, 2024

1. Overview

Ocean Data Farming (DF) is Ocean’s incentives program. In DF, you can earn OCEAN rewards by locking OCEAN, curating data, and making predictions (in Predictoor). Here are DF docs.

Data Farming Round 79 (DF79) has completed. 150K OCEAN + 20K ROSE was budgeted for rewards. Rewards counting started 12:01am February 29, 2024 and ended 12:01 am March 7. You can claim rewards at the DF dapp Claim Portal.

DF80 is live today, March 7. It concludes on March 14. 150K OCEAN and 20K ROSE are budgeted in total for rewards.

Heads up: for DF81 (starts Mar 14), OCEAN rewards will double to 300,000 OCEAN/week. This breaks down as follows. Passive DF & Active DF each get 150K OCEAN/week. Within Active DF, Volume DF gets 112.5K OCEAN/week and Predictoor DF gets 37.5K OCEAN/week. ROSE rewards continue at 20K ROSE/week.

This post is organized as follows:

• Section 2: DF structure
• Section 3: How to earn rewards, and claim them
• Section 4: Specific parameters for DF80

2. DF structure

• Passive DF. As a veOCEAN holder, you get passive rewards by default.
• Active DF has two substreams.
  – Volume DF. Actively curate data by allocating veOCEAN towards data assets with high Data Consume Volume (DCV), to earn more.
  – Predictoor DF. Actively predict crypto prices by submitting a price prediction and staking OCEAN to slash competitors and earn.

3. How to Earn Rewards, and Claim Them

There are three ways to earn and claim rewards: Passive DF, Active DF : Volume DF, and Predictoor DF.

• Passive DF. To earn: lock OCEAN for veOCEAN, via the DF webapp’s veOCEAN page. To claim: go to the DF Webapp’s Rewards page; within the “Passive Rewards” panel, click the “claim” button. The Ocean docs have more details.
• Active DF
  – Volume DF substream. To earn: allocate veOCEAN towards data assets, via the DF webapp’s Volume DF page. To claim: go to the DF Webapp’s Rewards page; within the “Active Rewards” panel, click the “claim” button (it claims across all Active DF substreams at once). The Ocean docs have more details.
  – Predictoor DF substream. To earn: submit accurate predictions via Predictoor Bots and stake OCEAN to slash incorrect Predictoors. To claim OCEAN rewards: run the Predictoor $OCEAN payout script, linked from Predictoor DF user guide in Ocean docs. To claim ROSE rewards: see instructions in Predictoor DF user guide in Ocean docs.

4. Specific Parameters for DF80

This round is part of DF Main, phase 1.

Budget. This round has 150,000 OCEAN + 20,000 ROSE rewards total. That OCEAN and ROSE is allocated as follows:

• Passive DF: 50% of rewards = 75,000 OCEAN
• Active DF: 50% of rewards
  – Predictoor DF. 50% = 37,500 OCEAN + 20k ROSE
  – Volume DF. 50% = 37,500 OCEAN

Networks. Passive DF applies to OCEAN locked on Ethereum mainnet. Predictoor DF applies to activity on Oasis Sapphire. Volume DF applies to data assets published on Ethereum Mainnet, Polygon, BSC, EWC, and Moonriver. Here is more information about Ocean deployments to networks.

Volume DF rewards are calculated as follows:

• First, distribute OCEAN across each asset based on rank: highest-DCV asset gets most OCEAN, etc.
• Then, for each asset and each veOCEAN holder:
  – If the holder is a publisher, 2x the effective stake
  – Baseline rewards = (% stake in asset) * (OCEAN for asset)
  – Bound rewards to the asset by 125% APY
  – Bound rewards by asset’s DCV * (% stake in asset) *DCV_multiplier. This prevents wash consume. The value DCV_multiplier is 20.1% for Predictoor feeds, and 0.1% otherwise.

Predictoor DF rewards are calculated as follows:

• First, DF Buyer agent purchases Predictoor feeds using OCEAN throughout the week to evenly distribute these rewards.
• Then, ROSE is distributed at the end of the week to active Predictoors that have been claiming their rewards.

Expect further evolution in Active DF: tuning substreams and budget adjustments among substreams. What remains constant is passive DF, and the total OCEAN rewards emission schedule.

Updates are always announced at the beginning of a round, if not sooner.

Appendix: Further Reading

The Data Farming Series post collects key articles and related resources about DF.

About Ocean, DF and Predictoor

Ocean was founded to level the playing field for AI and data. Ocean tools enable people to privately & securely publish, exchange, and consume data. Follow Ocean on Twitter or TG, and chat in Discord.

In Predictoor, people run AI-powered prediction bots or trading bots on crypto price feeds to earn $. Follow Predictoor on Twitter.

Data Farming is Ocean’s incentives program. In DF, you can earn OCEAN rewards by locking OCEAN, curating data, and making predictions.