OCEAN token’s volatility from transactions?
The latest blogpost by @H2O_data dives into how data as an asset class is going to be effectively monetized with Data Farming! ⚒️
Let's unlock 🔐
✅ Yield farming has been a driving narrative in DeFi and is a method that allows crypto users to earn more cryptocurrency and provides protocols with added liquidity to fuel protocol growth.
✅ Unlike yield farming, Ocean's Data Farming has actual utility for all stakeholders. The liquidity providers earn additional tokens, the protocol receives sustainable liquidity, and the users can trust the protocol's secured data assets.
✅ The Ocean Data Farmers are responsible for sourcing liquidity to the OCEAN datatoken pools; and, in turn, receive rewards in the form of OCEAN tokens. The data farmers can further multiply these rewards by using their stake datasets.
✅ Transacting with Ocean Protocol's datasets requires using the OCEAN token and the H2O stable asset acts as a medium of exchange and unit of account and can be used for transacting with datatokens in the Ocean protocol - without token volatility.
Thanks Alan
Seriously waiting for H20
Same here, exciting times ahead 🚀🚀💪
I believe well worked, H2O might be huge
It's going to be huge. There is no might.
More stability in the marketplace is already huge do yes H2O is going to be huge
Better price discovery etc.
Me too, must be.
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