DF86 Completes and DF87 Launches

Predictoor DF86 rewards available. Passive DF & Volume DF will be retired; airdrop pending. DF87 runs Apr 25— May 2, 2024

Ocean Protocol Team
Ocean Protocol

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1. Overview

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

Ocean Protocol is joining with Fetch and SingularityNET to form the Superintelligence Alliance, with a unified token $ASI. This Mar 27, 2024 article describes the key mechanisms. This merge was pending a “yes” vote from the Fetch and SingularityNET communities. As of Apr 16, 2024: it was a “yes” from both; therefore the merge is happening.

The merge has important implications for veOCEAN and Data Farming. veOCEAN will be retired. Passive DF & Volume DF rewards have stopped, and will be retired. Each address holding veOCEAN will be airdropped OCEAN in the amount of: (1.25^years_til_unlock-1) * num_OCEAN_locked. This airdrop will happen within weeks after the “yes” vote. The value num_OCEAN_locked is a snapshot of OCEAN locked & veOCEAN balances as of 00:00 am UTC Wed Mar 27 (Ethereum block 19522003). The article “Superintelligence Alliance Updates to Data Farming and veOCEAN” elaborates.

Data Farming Round 86 (DF86) has completed. Passive DF & Volume DF rewards are stopped, and will be retired. Predictoor DF claims run continuously.

DF87 is live today, April 25. It concludes on May 2. For this DF round, Predictoor DF has 37,500 OCEAN rewards and 20,000 ROSE rewards.

2. DF structure

The reward structure for DF87 is comprised solely of Predictoor DF rewards.

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

Predictoor DF: 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 DF85

Budget. Predictoor DF: 37.5K OCEAN + 20K ROSE

Networks. Predictoor DF applies to activity on Oasis Sapphire. Here is more information about Ocean deployments to networks.

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 DF: adding new streams and budget adjustments among streams.

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

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. Ocean is part of the Artificial Superintelligence Alliance.

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

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