Liquidity Pools
Terms & Conditions

Conditional Liquidity Vesting

We proactively manage our liquidity pools on the Ocean Marketplace, whilst keeping in mind the benefit of both the Ocean Protocol community, stakeholders and data owners. Therefore, we believe in transparency outlined in the following research paper and vesting schedule.

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"CONDITIONAL LIQUIDITY WITHDRAWALS ON THE OCEAN MARKETPLACE, AN ANALYSIS BY DATA WHALE

INITIAL WITHDRAWAL


An initial withdrawal of not more than 10% of the owned pool
shares should take place within 0-21 days of the dataset publishing.

DATA WHALE LIQUIDITY IS BELOW INITIAL SHARE OF 100

CONDITION 1: Publisher’s pool shares are between 75 – 99.99

The data publisher may withdraw a maximum of 3 pool shares per week

CONDITION 2: Publisher’s pool shares are between 50 – 74.99

The data publisher may withdraw a maximum of 2 pool shares per week.

CONDITION 3: Publisher’s pool shares are between 15 – 49.99

The data publisher may withdraw a maximum of 1 pool share per week.

CONDITION 4: Publisher’s pool shares are between 0 – 14.99

The data publisher may not withdraw any pool shares.

DATA PUBLISHERS LIQUIDITY IS ABOVE INITIAL SHARE OF 100


CONDITION 1: Publisher’s pool shares are between 100 - 125

The data publisher may withdraw a maximum of up to 3% of owned pool shares per week.

CONDITION 2: Publisher’s pool shares are between 125.1 - 150

The data publisher may withdraw a maximum of up to 4% of owned pool shares per week.

CONDITION 3: Publisher’s pool shares are 150.1 or more

The data publisher may withdraw a maximum of up to 5% of owned pool shares per week.

DATA WHALE LIQUIDITY “KICKBACK” QUARTERLY INCENTIVE

Should Data Whale maintain pool shares of above 130 after every 90 days, we reserve the right to withdraw up to 10% of our owned pool shares every 90 days (not total pool shares!).

Data Whale may re-stake data tokens at any time, whilst keeping in mind the benefit of the pools' stakeholders and data owners.

The vesting scheduled outlined above applies to all datasets managed or owned by Data Whale. Should any of the liquidity pools vesting schedule vary from the proposed schedule, it will be outlined in the pools' description.

We believe that the above will guarantee a win-win collaboration between liquidity pool stakeholders, data owners and Data Whale Curation & Management. 

Any changes to the above will be announced officially on our Twitter channel.

 

Legal Disclaimer

Memorandum of Understanding

Data Whale Curation & Management ("The Entity") and its affiliates may act as an intermediary between its data providers and Ocean Marketplace stakeholders.

The datasets published may not be owned by Data Whale Curation & Management, although the right to commercially distribute, curate and manage the asset has been agreed between the data owner and the entity.

Data Whale Curation & Management does not assume liability about the quality content of the dataset, however will act in best interest of the data owner and its stakeholders.

When staking in Data Whale pools, stakeholders indemnify Data Whale Curation & Management from all claims and warrant that they will not hold the entity liable for any losses, damages or any other claims, even if these may be related to a dataset or pool under Data Whale's management.

The Data Whale team will manage datasets and their pools to the best of their ability, whilst keeping in mind the benefit of all stakeholders. 

 

©2020 by Data Whale.