FAQ
General Questions
What is a DataDAO?
A DataDAO is a decentralized pool where users stake $VANA tokens to support data liquidity and earn rewards. DataDAO creators set up and manage these pools, while stakers contribute tokens to boost the pool’s ranking & data contributiors contribute data to the data liquidity pool.
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.
What are the Top 16 DataDAOs?
The Top 16 DataDAOs are the highest-ranked pools, determined 80% by total $VANA staked and 20% by unique data contributors uploading verified files. Only these pools earn rewards at the end of each 21-day Rewards Cycle. Rankings reset every Rewards Cycle to keep competition fair.
What happens during an Rewards Cycle?
An Rewards Cycle is a 21-day period during which:
- Users stake $VANA to DataDAOs to influence rankings.
- Data contributors contribute data to DataDAOs to influence rankings.
- Rankings are finalized at the end of the Rewards Cycle.
- Rewards earned during the Rewards Cycle vest over the next 21 days.
Note
A 21-day period is measured in 6-second blocks. If any block in the past took longer to process, the epoch might extend slightly
Can I participate in multiple?
Yes! You can stake $VANA in multiple DataDAOs to diversify your rewards and support multiple pools.
Will the ranking system change in the future?
Yes, future governance proposals will introduce additional metrics to better reflect a DLP’s overall contribution to the ecosystem. Metrics like data quality, contributor engagement, and activity levels will ensure that rankings reward not just stake but also meaningful participation and impact.
For $VANA Stakers
How do I start staking?
- Visit the upcoming Datahub dashboard to view available DataDAOs. Available only on the future Mainnet.
- Choose a DataDAO and decide how much $VANA to stake.
- Your stake will be reflected immediately in the DataDAO’s ranking.
What is the staking multiplier?
The multiplier rewards longer commitments. It starts at 1x on Day 0 and increases over time, maxing out at 3x after 63 days (3 Rewards Cycles).
What happens if the DataDAO I staked in drops out of the Top 16?
You won’t earn rewards for that Rewards Cycle, but your stake remains safe. You can reallocate your stake to another DataDAO or wait to see if your pool regains its ranking in the next Rewards Cycle.
Can I unstake my $VANA at any time?
Yes, but your tokens are subject to a 7-day withdrawal period. After initiating an unstake, your tokens will become accessible at the end of this waiting period.
What happens to my rewards if I unstake?
Any rewards earned before unstaking remain unaffected. However, you won't earn new rewards from unstaked tokens.
How does vesting work?
Rewards earned during one Rewards Cycle vest over the following 21 days. You can claim them incrementally as they unlock or wait for the full amount to vest.
Can I change my stake mid-Rewards Cycle?
Yes, you can add to your stake at any time. However, removing your stake (unstaking) will reset your multiplier for that amount and you will be subject to a 7 day withdrawal period.
What if I forget to claim my rewards?
Unclaimed rewards remain in your account and can be claimed at any time. There’s no expiration on your rewards.
For DataDAO Creators
How do I create a DataDAO?
- Use the How to Create a DataDAO guide to set up your pool.
- Register the DataDAO by staking 100 $VANA through the DataDAO Root Contract.
- Collaborate with stakers to meet the 10,000 $VANA minimum stake for eligibility.
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.
What happens if my DataDAO falls below 10,000 $VANA?
Your DataDAO becomes ineligible for rewards at the end of the Rewards Cycle. To regain eligibility, increase your total stake back to 10,000 $VANA before the next Rewards Cycle ends.
Can I de-register my DataDAO?
Yes, you can de-register your DataDAO at any time. Your staked $VANA will be returned after a 7-day withdrawal period.
How should I allocate my treasury rewards?
Fixed 40% - 60% goes to DataDAO treasure. You can use the remaining tokens for:
- Contributor incentives.
- Operationals.
- Boosting rewards for loyal stakers.
How do I keep my DataDAO competitive?
- Stay above the 10,000 $VANA threshold to remain eligible for rewards.
- Engage your community to increase stakes.
- Use treasury tokens strategically to attract stakers and contributors
Troubleshooting
I staked in a DataDAO, but it didn’t make the Top 16. What should I do?
- You won’t earn rewards for that Rewards Cycle, but your stake remains safe.
- Evaluate other DataDAOs and reallocate your stake in the next Rewards Cycle.
I tried to unstake, but my tokens are locked. Why?
- Unstaking triggers a 7-day withdrawal period to ensure stability. Your tokens will become available at the end of this period.
My DataDAO dropped below the 10,000 $VANA threshold mid-Rewards Cycle. What happens?
- If the DataDAO’s total stake doesn’t meet the threshold by the end of the Rewards Cycle, it becomes ineligible for rewards. Increase the stake before the Rewards Cycle ends to avoid this.
Have More Questions?
If your question isn’t covered here, check out the following resources:
Updated 7 days ago