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FAQ

Frequently Asked Questions about Data Farming

Staking and Risk

chevron-rightWhat does "staking" mean in an Ocean context?hashtag

Its precise meaning depends on the DF stream.

  • Predictoor DF: put OCEAN into a prediction transaction

chevron-rightAre there any risks associated with DF?hashtag

As with any system, inherent risks exist. We try to minimize them, as follows.

  • Predictoor DF: you stake a small amount of OCEAN in each epoch (eg every 5min). If issues arise, you can get out quickly.

chevron-rightIs there any impermanent loss (IL) in my staking?hashtag

No. IL is typically associated with providing liquidity to decentralized exchange or pools. There are no pools involved in any of the DF streams [1].

Rewards Payout

chevron-rightWhat APYs can I expect?hashtag

For Predictoor DF, it varies a lot based on your prediction accuracy, and more.

chevron-rightCan the DF rewards change during a given week?hashtag

No. At the beginning of a new DF round, rules are laid out, either implicitly if no change from the previous round, or explicitly in a blog post if there are new rules.

Caveat: it’s "no" at least in theory! Sometimes there may be tweaks if there is community consensus or a bug.

chevron-rightWhere do I learn more about Predictoor DF?hashtag

In its docs page.

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Back: Predictoor DF Guide

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