FAQ

๐Ÿง  General Questions


What is a DLP?

A Data Liquidity Pool (DLP) is the technical term for a DataDAO. While "DataDAO" highlights the community and governance aspects, "DLP" focuses on the underlying mechanism that powers data liquidity.


How do rewards work in the new system?

Under the updated VRC-14 model, rewards are allocated to DataDAOs based on three key performance metrics:

  1. Token Trading Volume (30%) โ€“ Reflects market activity and liquidity health.
  2. Unique Data Contributors (20%) โ€“ Encourages diverse, high-quality contributions.
  3. Data Access Fees (50%) โ€“ Measures real-world utility through data queries and fees.

Rewards are deployed daily in the form of VANA token buy-ins, which are used to purchase your DataDAO token and add liquidity to the DEX pool.


What happens if my DataDAO doesnโ€™t maintain liquidity?

To ensure that rewards can be deployed efficiently, DataDAOs must maintain sufficient liquidity in their tokenโ€™s trading pool. If liquidity is too low:

  • Slippage Above 2%: Buy-ins will be paused, and undeployed rewards may roll over to the next epoch.
  • Continued High Slippage: If liquidity issues persist in the next epoch, unclaimed rewards are returned to the global pool.

Tip: To prevent slippage, maintain an initial liquidity pool of $10Kโ€“$50K and gradually scale as trading volume grows.


Whatโ€™s the difference between VRC-14, VRC-15, and VRC-20?

Each VRC governs a different aspect of the new DataDAO ecosystem:

  • VRC-14: Manages DataDAO incentives, aligning rewards with token liquidity, contributor engagement, and data access.
  • VRC-15: Defines the data access architecture, requiring refined, encrypted data to be stored securely with verified query permissions.
  • VRC-20: Specifies DataDAO token standards, including supply caps, vesting requirements, and transfer fees.

What is Total Data Value Locked (TDVL), and why does it matter?

TDVL measures the total value of assets locked across DataFi applications on Vana. As TDVL grows, the reward pool increases to reflect the ecosystemโ€™s success:

  • Base Pool: 0.5% of VANA supply.
  • +0.5% Per $500M in TDVL: Scales up to a maximum of 5% annually.

๐Ÿš€ For DataDAO Creators


How do I create a DataDAO?

  1. Use the How to Create a DataDAO guide to set up your pool.
  2. Register the DataDAO by staking 100 $VANA through the DataDAO Root Contract.
  3. Pass Minimum DataDAO Requrements

How can I have my DataDAO listed on Datahub?

Your DataDAO will appear automatically after registering with 100 $VANA. You can reach out to the Vana team to enhance it with metadata, such as icons.


Can I de-register my DataDAO?

Yes, you can de-register your DataDAO at any time. Your staked 100 $VANA will be returned immediately.


How can I optimize my DataDAO for higher rewards?

To maximize rewards, focus on improving your performance across the three reward metrics:

  1. Boost Trading Volume:
    • Encourage organic market activity.
    • Build deep liquidity and incentivize trading.
  2. Increase Unique Contributors:
    • Run targeted contributor campaigns.
    • Incentivize diverse, high-quality data submissions.
  3. Maximize Data Access Fees:
    • Price query access competitively.
    • Enable broader applications to leverage your data.

How do I add liquidity to avoid slippage?

Maintaining healthy liquidity prevents excessive slippage during buy-ins. Follow these steps:

  • Initial Liquidity: Seed at least $10Kโ€“$50K in your VANA/DataDAO trading pair.
  • Monitor Slippage: Regularly assess slippage to ensure it stays below 2%.
  • Adjust Liquidity as Needed: As trading volume increases, scale liquidity incrementally to maintain optimal conditions.

Can I modify my DataDAO after launch?

Yes, DataDAOs can make updates to their contracts or governance structures to enhance functionality. However:

  • Token Contract Modifications: Must comply with VRC-20, including implementing 48-hour timelocks for major changes.
  • Proof-of-Contribution Updates: Refinement scripts or data schemas can be modified and reflected in your UI for data contributors

How do I maintain eligibility for future epochs?

To stay eligible for rewards in future epochs:

  • โœ… Comply with VRC-5, VRC-15, and VRC-20.
  • โœ… Maintain Healthy Liquidity: Ensure buy-ins stay below 2% slippage.
  • โœ… Track Token Price: Prevent price drops exceeding 15% from the reference price.

What happens if my DataDAO tokenโ€™s price drops?

If your tokenโ€™s price falls more than 15% below the reference price (the average price during buy-ins):

  • Buy-ins will be paused until market conditions stabilize.
  • The Vana Foundation may conduct a review to assess liquidity and token health.
  • Tip: Regularly monitor trading activity and maintain liquidity depth to prevent sudden price drops.

Can I regain eligibility after missing compliance?

Yes, DataDAOs can regain eligibility by:

  • Resolving Non-Compliance: Meet VRC-5, VRC-15, and VRC-20 requirements.
  • Re-establishing Liquidity: If buy-ins were paused due to slippage or price drops, increase liquidity to resume buy-ins.
  • Submitting Updated Documentation: Provide evidence of compliance to the Vana Foundation.

๐Ÿ”Ž Troubleshooting & Compliance


What happens if my DataDAO canโ€™t maintain 2% slippage?

If slippage exceeds 2% during buy-ins:

  • Buy-ins are paused temporarily.
  • Unused rewards may roll over to the next epoch.
  • If liquidity remains low in the next epoch, rewards may be returned to the global incentive pool.

Tip: To avoid this, maintain a minimum liquidity pool of $50Kโ€“$100K and adjust as trading volume grows.


What if my contributors donโ€™t meet PoC standards?

Contributors play a key role in maintaining DataDAO eligibility. To ensure compliance:

  • Refine PoC Mechanisms: Implement stricter validation and attestation.
  • Regularly Audit Contributions: Monitor contributor activity for anomalies.
  • Communicate Compliance Standards: Educate contributors on quality expectations.

Can I change my DataDAOโ€™s proof-of-contribution (PoC) after launch?

Yes, but updates to your PoC should:

  • Follow Refinement Standards: Publish schema and Docker images to the DataRefinerRegistry.
  • Notify the Vana Foundation: Ensure transparency and compliance with onchain standards.

What happens if my DataDAO misses an epoch?

If your DataDAO doesnโ€™t qualify for rewards in a given epoch:

  • You wonโ€™t receive buy-ins during that epoch.
  • Rewards may be restored in the following epoch if compliance is re-established.
  • Tip: Address non-compliance quickly to prevent forfeiting future rewards.

๐Ÿ“ฃ Have More Questions?

If your question isnโ€™t covered here, check out the following resources:

๐Ÿ‘‰ How to Create a DataDAO

๐Ÿ‘‰ Join the Vana Community on Discord