Learn how to use basic math and a simple spreadsheet to estimate your Passive Rewards APY and get deeper into Active Rewards APY.
Rewards are earned by users that hold and use their veOCEAN to help the protocol improve and grow.
To receive competitve short-term APYs, veOCEAN requires users to make long-term commitments.
Now that we got that out of the way, let's work through the examples and keep it as simple as possible.
We have provided 2 sheets as an example of locking-up 10,000 OCEAN for:
- 1.A 4-year investment period
- 2.A 6-mo investment period
The above are simplified examples meant for everyone to understand. They are naive investment strategies and are meant to provide you, the reader, with some examples to build upon. You can use these as a reference to create your own plan, so feel free to make a copy of this spreadsheet and customize it to your needs and wants.
Active Rewards are a bit more complicated and depend on many factors that are currently hard to predict accurately. It is unlikely for the user to get a practical result, which is why we don't offer a tool to estimate Active APY right now.
You can easily expand the spreadsheet above to support a basic, naive calculations for Active Rewards such as adding a fixed-rate.
Curate like a Pro.