I also had another question. I staked on a data

Question

I also had another question. I staked on a data

whale for a couple weeks now and only have 1 reward and it’s not that much at all. how come that is? I’m still trying to understand how the rewards work and stuff based on how much you stake since ocean is different than all other staking lol

#cryptocurrency #english #ocean

0

07.07.2022

4 ответов

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🌊Alex (I will never DM you first )

You may refer to this article on how to calculate APY from compounded WPY! Read this Article 💡https://blog.oceanprotocol.com/ocean-data-farming-examples-c2d67a17b5f5

0

07.07.2022

VoyYe Honick Автор вопроса

It seems on here that staking really is only meant for large amount staking 10k and up.

0

07.07.2022

Manan Patel

VoyYe Honick
It seems on here that staking really is only meant...

They are just examples. You can even stake 1 OCEAN and can receive equal APY as someone who staked 1M OCEAN in the same dataset for the same consume volume.

0

07.07.2022

🌊Alex (I will never DM you first ) · Accepted Answer

🌊Alex (I will never DM you first )

You may refer to the below article https://www.oceanacademy.io/introToDataDefi/chapter-5#:~:text=Staking%20rewards%20from%20transaction%20fees%20flow%20immediately%20into%20the%20pool,on%20undervalued%20datasets%20is%20rewarded.

0

07.07.2022

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