The equation is a quadratic equation, and it represents a parabola, opening upward.
The standard form of this parabola is (x – h)^2 = 4a (y – k)
f(x) = y = 8( x^2 + (1/2)x)
y + ½ = 8( x^2 + (1/2)x + 1/16)
(1/8)(y + ½) = (x + ¼)^2
Vertex is at (-1/4, -1/2)