We start the week strong 💪by walking you through all the opportunities OceanONDA V4 has to offer, one demo at a time! 📺🎙

Ocean's @Jamie_Hewitt_ explains how the process of swapping Ocean tokens for datatokens works in the V4 market 🚀🌊

Dive in and try it out!

https://twitter.com/oceanprotocol/status/1538840040339808258?s=20&t=aBqG1bxiG-yv90VwT7S-Yg

We’re on @oceanprotocol’s #DataFarming Week 1! 🚀

💰 Receive $OCEAN for sourcing liquidity to #OCEAN data pools
💸 Multiply your rewards by staking datasets
🤝 Enjoy maximized data supply reward function

and more 👀 Don't forget to check👇

https://market.oceanprotocol.com/

https://twitter.com/H2O_data/status/1538797550827888640?s=20&t=7XplQi4uWL0miMv440W04A

Today is the day! The 4th Gaia-X hackathon organised by @deltaDAO is kicking off 😎🔥

Over the next 2 days, explore the recently developed Gaia-X Compliance & Trust Framework and manufacturing use cases with @EuProGigant - powered by Ocean 🌊

⚙️@EuProGigant is the first Gaia-X lighthouse project, demonstrating the connection to a new European data infrastructure.

Built by @deltaDAO with @EuProGigant, the MVG demonstrator – leveraging Ocean's tech stack, it is a platform to find, publish and consume data services in the @gaiax_aisbl Test Network🔧🌊

Check it out here: http://euprogigant.portal.minimal-gaia-x.eu

https://twitter.com/oceanprotocol/status/1538870396866691073?s=20&t=7XplQi4uWL0miMv440W04A

✅The @gaiax_aisbl #hackathon4 begins in 30 minutes. We're looking forward to contribute to the #opensource #GaiaX community and bootstrap the first Gaia-X real-life use cases.

✅Together with @EuProGigant, a Gaia-X lighthouse project, we integrated the Gaia-X Framework into a real-world manufacturing use case. Powered by #Web3, #DLT and @oceanprotocol. Check out the demonstrator here: https://euprogigant.portal.minimal-gaia-x.eu

https://twitter.com/deltaDAO/status/1538778849672036352?s=20&t=7XplQi4uWL0miMv440W04A

OceanONDA V4 introduced data NFTs - it's now time to get more details on how to publish them and @Jamie_Hewitt_ 's blogpost is a very good introduction to that.

#theyearofadoption 🌊

Before starting the process, users will need to identify a dataset they want to publish, a browser wallet (Metamask is recommended), some Ether and some OCEAN tokens. 🪙

Then all you need to do is to follow the steps below 👇

✅Connect your wallet

💥Select the button that says "Connect Wallet" and click on Metamask

💥Proceed to connect your account via the pop-up.

✅Setting the Metadata

💥Fill out the publish form with metadata for your data asset

💥Select the image to represent your data NFT.

💥Choose access to your data between  "download" or "compute"

✅Creating Pricing

OceanONDA offers 3 pricing models 👇

💥Fixed: Publisher sets a price to the data asset

💥Dynamic: Price is determined by the Automated Market Maker (AMM)

💥Free: No price to access the data asset although gas fees still apply

✅Preview and Review

💥Double-check that you're happy with everything that you inputted.

✅Submit and Sign Transactions

💥Click submit and sign on 3 transactions - creating the pricing, minting the datatokens, and allowing Ocean Market to use them.

All done!🚀

The dataset is now published and publishers will be able to see it for sale in Ocean Market.

For a more comprehensive overview, access the dedicated blog post here:
https://blog.oceanprotocol.com/how-to-publish-a-data-nft-f58ad2a622a9

https://twitter.com/oceanprotocol/status/1539187061470920705?s=20&t=WI6cjwFjd_TIkvzCMXDeLw

🌊Next on the @gaiax_aisbl #hackathon4 agenda: the integration of a real-world manufacturing use case into the #GaiaX framework. We continue, what we have started together with @EuProGigant during the @hannover_messe.

✅With its industry-related use cases, EuProGigant perfectly fits with our ambitions to enable open, transparent, secure and decentralized digital ecosystems.

✅Visitors could experience how the data of two connected CNC machining centers at different locations flew together on one platform and were made available securely and decentralised via the Minimal Viable Gaia-X Demonstrator of @deltaDAO, based on @oceanprotocol.

✅Now we go one step further and integrate the Gaia-X Compliance Service and Trust Framework into the validation platform.
The Trust Framework, previously known as the Gaia-X Compliance and Labelling Framework, has the same guiding principle.

✅To ensure common governance and the basic levels of interoperability between ecosystems.
The Gaia-X self-description files have also been linked to the Trust Framework. You can find the new Trust Framework document here: https://gaia-x.eu/wp-content/uploads/2022/05/Gaia-X-Trust-Framework-22.04.pdf

✅In our hacking session, we will create a set of self-descriptions that aim to be Gaia-X compliant. Together with the Gaia-X community we will further develop the Compliance Service and the EuProGigant Demonstrator. You can find the Demonstrator here: https://euprogigant.portal.minimal-gaia-x.eu

https://twitter.com/deltaDAO/status/1539147359610970112?s=20&t=WI6cjwFjd_TIkvzCMXDeLw

💡StealthEX on OCEAN:

Understanding @oceanprotocol might be a bit tricky; that's why our team has prepared a whole dedicated page about it! 🌊

Take a moment to learn about what $OCEAN is, its features, its possible future, and the tech ⚙️

https://stealthex.io/coin/ocean-protocol

https://twitter.com/StealthEX_io/status/1538919674162855946?s=20&t=IN9u6cjm45tpQjS-x0zDVA

💡MetaGameHub DAO on OCEAN🌊:

✅We have successfully migrated our datasets to @oceanprotocol ONDA V4

The Metaverse LAND dataset has the second largest TVL on the marketplace🚀🚀🚀🚀

Forget about the bear market, its farming season!🧑🏽‍🌾

https://market.oceanprotocol.com/asset/did:op:053982d25efa70507165b513a00bdbe6b3a5aeb47d212dcb9cf942cac377db1e

https://twitter.com/MGH_DAO/status/1538911440370864130?s=20&t=zw5RfcqCdktUEb7p9hIjWg

FEATURE 📇"Ocean Protocol’s marketplace pioneers incentivisation of data owners to take control of their data"

Explore how OceanONDA V4 speeds the adoption of "unchartered horizons" like DeFi in this latest article by @Crypto_Potato!

@realdatawhale

https://cryptopotato.com/onda-web-3-data-marketplace-on-ocean-protocol-to-redefine-data-monetization/

https://twitter.com/oceanprotocol/status/1539233215323459585?s=20&t=zw5RfcqCdktUEb7p9hIjWg

You have burning🔥questions about Data Farming🚜and we want all of them to be answered!

Ocean founder @trentmc0 is hosting a second #DF AMA: live questions, live answers!

Join us TOMORROW @ 12 PM UTC on Ocean's TG channel and fire away!

https://t.co/jZfuWEch8r
Cannot make it to the event? We've got you covered!

Ask your questions here in a comment to this tweet or in the Ocean Telegram channel with the hashtag #DataFarming and we will get them answered for you!

See you tomorrow!

Are your alarm clocks ready⏲ there is only 2h30 left ⏳

Be sure to join us at the 2nd #DataFarming AMA on Ocean Telegram where Ocean founder @trentmc0 is going to be answering your live questions on the DF program!

💥12 PM UTC

https://t.me/OceanProtocol_Community

https://twitter.com/oceanprotocol/status/1539541181616750592?s=20&t=llO_tvdQSJsL3ksBhun9WA

Data farming is raging on, Oceaners!🚀🚜

If you haven't started staking yet, not to worry! 😎🌊

Here are some notes and worked examples to help you better understand how rewards are distributed!👇

In Data Farming, more consumption equals more rewards. But how does consumption impact weekly earnings?

As per data farming rules, stakers are eligible to earn weekly rewards up to 125% APY whenever a dataset is consumed.

Q1: What does consumption mean? What if I stake on data with no consumption?

✅A: No consumption equals no rewards.

Example: Alice stakes 100,000 OCEAN into Bob's dataset. However, Bob's dataset has not been curated recently and, because of that, it registered no sales. Because Bob's dataset was not consumed this week, Alice will not receive any rewards.

Q2: How can I pick a dataset? How can I increase consumption? What are the differences between staking and data farming?

✅Example: Bob decides to update his dataset and promote it. This creates more interest, which leads to more people consuming it. As a consequence, Bob and Alice both benefits from the data activity.

Bob registers one sale, and Alice earns 2 rewards: a fee on all pool trades proportionally to her share of the pool + data farming rewards.

Data farming rewards, in fact, are extra incentives paid on top of swap fees, and based on the amount staked and data consume volume.

Let's walk through the formulas used to calculate Data Farming rewards 👇

Where:

i = staker = Alice
j = pool = Bob's pool

1️⃣ Reward Function ᵢⱼ = Amount Staked ᵢⱼ * Consumptionⱼ

This formula calculates the reward function of staker i into pool j. This means that if Alice stakes 100,000 OCEAN into Bob's pool, her reward function equals to 100,000 OCEAN multiplied by Bob's data consume volume.

However, Alice final rewards are calculated based on total amount staked across ALL pools. If there are more pools in the market other than Bob's, Alice rewards will be shared based on how big her share of the pool is against the total. The bigger pool share, the bigger rewards.

2️⃣ Pool Share Score = (Reward Function ᵢⱼ / Total Reward Function)

This formula serves to calculate Alice's rewards proportionally to the total amount staked across all pools.

So, if Alice is the only staker in Bob's pool and Bob's pool is the only pool available in the market, Alice will receive 100% of the weekly rewards available for that pool. This means Alice will have a Pool Share score of 1.

What does this mean in OCEAN terms?

3️⃣ Weekly Rewards ᵢ = Pool Share Score * Total Amount Staked * WPY

This formula calculated Alice final rewards by aggregating Alice's pool share, the total amount staked across different pools by all market participants and the WPY of DF Alpha which equals to 0.0157171.

So, Alice weekly rewards will be calculated as follows:

100,000 * 0.0157171 * 1 = 1571.7 OCEAN

📚 Keen to deep dive into the numbers of #DF? Want to learn how to calculate APY from compounded WPY?

Read Ocean founder @trentmc0 latest article, ask your questions during today's AMA or anytime after that, with hashtag #datafarming 🚜

💡https://blog.oceanprotocol.com/ocean-data-farming-examples-c2d67a17b5f5

https://twitter.com/oceanprotocol/status/1539550314550169600?s=20&t=BoMO52662p_luYnv-wti8w

📚 Keen to deep dive into the numbers of #DF? Want to learn how to calculate APY from compounded WPY?

Read Ocean founder @trentmc0 latest article, ask your questions during today's AMA or anytime after that, with hashtag #datafarming

💡https://blog.oceanprotocol.com/ocean-data-farming-examples-c2d67a17b5f5

https://twitter.com/oceanprotocol/status/1539550366437896193?s=20&t=BoMO52662p_luYnv-wti8w

Great panel discussion with @BrucePon (@oceanprotocol) @pbusch42 (@BoschGlobal) and Hartmut Müller (@MercedesBenz) on the adoption and future of the #cryptoeconomy #data #DAOs and our personal twins in the #metaverse. Winter time ❄️ = BUIDL time 👷 @RolandBerger

https://twitter.com/PierreSamaties/status/1539224833871028225?s=20&t=BoMO52662p_luYnv-wti8w

deltaDAO on OCEAN🌊

✅The @gaiax_aisbl #hackathon4 is over and we want to thank all participants for their passionate contributions! We feel very honored to be part of this #GaiaX community and to work together on the vision of a digital data economy according to European values. https://t.co/WWEpqTrgOQ

✅Our joint validation platform with @EuProGigant shows that a real-world adaptation of Gaia-X is not far away. The integration of the Trust Framework into the demonstrator proves that Gaia-X compliance can be used. Check it out here: https://t.co/4yWwRJ95O3

✅Together with Gaia-X and @oceanprotocol we are one step closer to opening the prevailing data silos and creating an ecosystem where data can be shared and monetized in a trustworthy environment. We want to give users control back over their data. And it's working.

https://twitter.com/deltaDAO/status/1539488487229034497?t=XCAAJxrNcjAdyzjbKbVzbw&s=19

#NewMilestone! 👏🚀💥

Less than a week from DF launch and we're counting almost 2 Million OCEAN (1,886,133 OCEAN)
locked across 12 asset pools. This corresponds to a TVL of €669,053.03! 💸 🐬

Here are the 3 largest datasets to stake on👇

1️⃣ OceanONDA DataFi Directory V4

Curated by @realdatawhale


💷Total Value Locked 1,697,376 OCEAN

See it here: https://t.co/xxKN8cewhI

2️⃣ The Metaverse LAND Dataset

Curated by @MGH_DAO


💷Total Value Locked 100,095 OCEAN

See it here: https://t.co/vkhvtxnFRo

3️⃣ Transport Genie Vault

Curated by @Transportgenie


💷Total Value Locked 66,800 OCEAN

See it here: https://t.co/xcm7NkB8cW


Remember: You can stake OCEAN in any data pool in Ocean Market at no costs.

As a liquidity provider, you earn a % cut of all swap fees. That's built in!

Data Farming gives *extra* rewards based on your stake and the data’s consume volume.

If it is Wednesday, it is @OceanDAO_ Town Hall day! 🏛🌊

Join us at ⏲3PM UTC today as we discuss the upcoming Round 19 of our community grants program and overall developments in the OceanDAO ecosystem!

Deets: https://bit.ly/3LYj4dP

If you are one of the lucky winners of the #DailyChallenge campaign, the day is finally here! 🎉

All 18 winners have been airdropped a NFT representing a fragment from Ocean Aquabot 🔥

To view your NFT, make sure you check your wallet and connect to the Polygon network first.

https://twitter.com/oceanprotocol/status/1540283060494946309?s=21&t=n-je6JCxz-MDLDuPJSmglw