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Data Challenge UPDATE

⚡️ The deadline to enter the DEX Liquidity Provision Strategies data challenge has been extended to March 21st.

⚓️ Read further details & how to submit a response: https://desights.ai/shared/challenge/3?utm_source=Twitter&utm_medium=ann&utm_campaign=DEX
‼️ Mark your calendars ‼️

Data farming has been in "beta" as of late. Thursday, Data Farming "main" will begin. Ocean Core Team will host a Twitter spaces: Thursday, March 16 at 1pm UTC to dive into details. 🧜‍♀️ Save the date: https://twitter.com/i/spaces/1vOxwMOQWdbGB
#lOcean Core Team is in person live @ MarketX.

@oceanprotocol ecosystem partners @deltaDAO & @gaiax_aisbl are also in attendance, shaping the Digital Economy
@oceanprotocol is the real and only Ocean Protocol Twitter account.
There is NO airdrop. Any post that mentions an OCEAN airdrop is a phishing scam.

Please report all accounts that are not this one!
⌛️T-MINUS 1 hour

Listen to Ocean Core Team member @CasazzaNY speaking at the @Filecoin Virtual Machine FVM Launch celebration.

Smart contracts 🤝 Provable storage

Ocean Protocol is deploying on the FVM. A storm is brewing regarding Ocean technology use cases through FVM ( fvm.filecoin.io).

Link: https://www.youtube.com/live/HkaEbt_1nFM?feature=share
March 14, 3pm EST
Day 2 at @gaiax_aisbl marketX. Join us & @wobcom at @deltaDAO booth for a live demo of Pontus-X, the Web3 ecosystem for GaiaX & our reference lighthouse implementations for @EuProGigant, GaiaX 4 Future Mobility & more.

@EUROemoney @0xPolygon @oceanprotocol @moveID_gaiax
Join us in 1 hour!

@oceanprotocol Ecosystem Lounge. Talk to real people, building real products and tools in the industry.

Come say hey, anon ➡️
https://discord.com/events/612953348487905282/1082943317483995156
🥇Thursday's are Data Farming Rewards distribution day

⛵️Data Farming round 28 has ended. Now, in round 29, DF Main arrives.

"DF Main" storm thread is on the way...

To claim rewards OR begin participating, visit DF dApp Claim Portal: https://df.oceandao.org

🏄🏻‍♂️Learn how to claim your rewards for round 28, or start earning on round 29: https://blog.oceanprotocol.com/data-farming-df27-completes-and-df28-launches-df-main-is-here-2b842ecba5ce
Oceaners, Data Farming Main is live! 🚜

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: 🔒Lock OCEAN → get veOCEAN → earn Data Farming rewards💰
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 5–20%, 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 🍬

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 🤯 of rewards, from 1.41B supply.

Sub-phases:
- DF Main 1: DF29-79 (52 wks). 150K OCEAN/wk
- DF Main 2: DF80–105 (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 👇
https://blog.oceanprotocol.com/ocean-protocol-update-2023-44ed14510051
ICYMI: This week was full of progress at Ocean
- Data Farming phase has entered “DF Main” the final phase of Data Farming.
- DF Main Twitter Spaces was hosted.
- Ocean Core Team attended @gaiax_aisbl #MarketX Conference.
- @Filecoin FVM launched and Ocean data marketplace is brewing on #FVM
- Team hosted 3 workshops on data farming, predict-eth challenge, and OP basics.

https://twitter.com/oceanprotocol/status/1636778422948220928?s=20
ONE DAY LEFT before our DEX Liquidity data challenge closes! ⌛️

💰Win up to $3,000 payable in $OCEAN for analyzing the effectiveness of liquidity strategies used by DEXs.

➡️ Sign up here: http://bit.ly/41A1ZPq

Submit before: 11:59 PM UTC tomorrow, March 21.
🧜🏼‍♂️Where has @oceanprotocol been sailing, and where are we going?

Learn this week in the Ocean Product Update: Twitter Spaces.

Wednesday, March 22, 1:30pm UTC (9:30am EST)

➡️ Set a reminder https://twitter.com/i/spaces/1OyKAVrrLVeGb
💦 Meet Ocean's core tech team & other Web3 developers in our first Developer Relations workshop.

When: This Friday, March 24 at *1PM UTC*
📲Where: Ocean Protocol Discord, events channel

📥RSVP: https://discord.com/events/612953348487905282/1086204775319732294
Last minute submissions for DEX Liquidity Data Challenge ➡️

Challenge #3 (Liquidity Provision Strategies on DEXs) expires at 23:59 hours UTC today (21st March).

Submit NOW 👉 https://docs.google.com/forms/d/e/1FAIpQLSe2xrkr0eb7ExthM4teEyCUmavAXUsuseI8sw7HAOgiV6Hzqg/viewform?usp=send_form

🚨 Any submission after challenge expiry might not be considered valid.
⚡️Looking forward to @andreaarmanni2 speaking on building the next generation of data dApps on @oceanprotocol @PolkadotNowInd.
🥇Thursday's are Data Farming Rewards distribution day! 💰

⛵️Data Farming round 29 has ended. Now in round 30, this is the second week of DF Main.

To claim rewards OR begin participating, visit DF dApp Claim Portal: https://df.oceandao.org

🏄🏻‍♂️Learn how to claim your rewards for round 29, or start earning on round 30: https://medium.com/@TeamOcean/df29-completes-and-df30-launches-b3fb31865f96
2024/11/06 02:00:09
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