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What is the purpose of the veOCEAN token?

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The veOCEAN token is used for staking to earn rewards and for curating data within the Ocean Protocol ecosystem. By locking OCEAN tokens, users receive veOCEAN, which can then be used to curate data assets and participate in Data Farming rewards, incentivizing the publishing and consuming of data assets. However, veOCEAN tokens cannot be traded, transferred, or sold, but can be delegated to others for farming purposes [1] [2] [FAQ]. Generated using AwesomeQA AI. Please rate this answer.

The bot answered correctly, but not completely. At the moment, we have suspended staking because we will soon have a token merge. I recommend reading this article https://blog.oceanprotocol.com/superintelligence-alliance-updates-to-data-farming-and-veocean-68d7b29c5100

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