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Topic: Bounty stake rewards, what does it mean? (Read 220 times)

brand new
Activity: 0
Merit: 0
September 05, 2018, 08:59:14 PM
#21
Announcing MyEtherWallet v3.24.00: Difficulty Bomb&Updating blockchain

Due to the complexity of the Bomb and the increased risk of hacking, we pushed a rather drastic update that implements a number of changes and improvements, including enhancement of efficiency and scalability of the blockchain, acceleration of transaction speed, and additional security in the form new formats private keys which will help protect users against hacking.
If you are using private key or UTC, then you need to go into the wallet and update manually, otherwise they risk being unprotected.

How do i update my Ethereum wallet?

1. Go to our website MyEtherWallet.com
2. Unlock your wallet using your Keystore File (UTC / JSON) or simply use your private key.
3. Click Unlock and wait for the update.

Please note that you need to manually update your wallet, failure to do so may result in funds being lost.

We are taking these measures to protect both you and our network from phishing and malicious attacks.

Thank you for your cooperation and understanding!
MyEtherWallet Security Team.

If you use other methods, then ignore this message.
copper member
Activity: 28
Merit: 0
August 02, 2018, 12:52:27 AM
#20
You need to check the bounty campaign profile to make sure about the bounty rules.
full member
Activity: 560
Merit: 101
Lately I've seen a lot of people ask what the stakes are that you receive when you successfully complete a bounty. I would like to try and explain this to avoid any confusion. Wink

So :

What are stakes? Stakes are rewards that are given upon the successfull completion of any bounty. The number of stakes that you receive depends on the amount of work that you have put into the bounty. Bounty rewards can be claimed weekly. The total number of stakes will determine the number of coins that you will receive.

How many tokens will I get for my stakes? Depending on the bounty where you received the stakes for. Let's take for example the Twitter bounty.

The total number of tokens in the Twitter bounty is A tokens. Let's assume that the total number of stakes is B stakes. (this depends on the number of stakes handed out to every participant) Let's assume that I got C stakes for the Twitter bounty.

This would mean that I will receive A/B/C coins.

How can I get more stakes? Be more active in all the different bounty's! More activities means more stakes. Submit weekly reports to receive more stakes.

When will I receive my tokens? The exact date will be announced later. This will be when the bounty is over.

You missed the things like bounty allocation. The number of tokens you will receive depends on the bounty allocation on the type of campaign you joined and the number of stakes you will receive in the type of campaign you joined. And about the last part, you will receive your tokens mostly when token sale is over or days after the token sale is over.
newbie
Activity: 168
Merit: 0
EXAMPLE:

Distribution of awards at ranks in the Bitcointalk forum:

Quote
1. Newbie         1  stake\week
2. Jr.member    5  stakes\week
3. Member       10 stakes\week
4. Full member 30 stakes\week
5. Sr.member  50 stakes\week
6. Legendary   80 stakes\week

different rank will get different stakes.
at the end of the bounty they will all be added up.
then the bounty budget will be divided by the some of all stakes.

let say you have 100 stakes. total stakes of all bounty participants is 10,000. budget is 1,000,000 tokens.
this will be
1,000,000 / 10,000 = 100 each stakes....
you have 100 stakes x 100 tokens = 10,000 tokens.

this will be your final pay out (number of tokens)

i got you! now i understand better on how stakes are calculated in the end of bounty pool... your explanation is more simplier and very much comprehensive. thank you!
newbie
Activity: 216
Merit: 0
Lately I've seen a lot of people ask what the stakes are that you receive when you successfully complete a bounty. I would like to try and explain this to avoid any confusion. Wink

So :

What are stakes? Stakes are rewards that are given upon the successfull completion of any bounty. The number of stakes that you receive depends on the amount of work that you have put into the bounty. Bounty rewards can be claimed weekly. The total number of stakes will determine the number of coins that you will receive.

How many tokens will I get for my stakes? Depending on the bounty where you received the stakes for. Let's take for example the Twitter bounty.

The total number of tokens in the Twitter bounty is A tokens. Let's assume that the total number of stakes is B stakes. (this depends on the number of stakes handed out to every participant) Let's assume that I got C stakes for the Twitter bounty.

This would mean that I will receive A/B/C coins.

How can I get more stakes? Be more active in all the different bounty's! More activities means more stakes. Submit weekly reports to receive more stakes.

When will I receive my tokens? The exact date will be announced later. This will be when the bounty is over.

Helpful topics. This is a very good and clear explanation. The important thing is when we follow the bounty campaign, we must understand the rules of bounty program. If we do not implement according to the rules, then there is no stake for us.
member
Activity: 378
Merit: 10
Lately I've seen a lot of people ask what the stakes are that you receive when you successfully complete a bounty. I would like to try and explain this to avoid any confusion. Wink

So :

What are stakes? Stakes are rewards that are given upon the successfull completion of any bounty. The number of stakes that you receive depends on the amount of work that you have put into the bounty. Bounty rewards can be claimed weekly. The total number of stakes will determine the number of coins that you will receive.

How many tokens will I get for my stakes? Depending on the bounty where you received the stakes for. Let's take for example the Twitter bounty.

The total number of tokens in the Twitter bounty is A tokens. Let's assume that the total number of stakes is B stakes. (this depends on the number of stakes handed out to every participant) Let's assume that I got C stakes for the Twitter bounty.

This would mean that I will receive A/B/C coins.

How can I get more stakes? Be more active in all the different bounty's! More activities means more stakes. Submit weekly reports to receive more stakes.

When will I receive my tokens? The exact date will be announced later. This will be when the bounty is over.
The easiest way to undertand about the stake is it is only the method of bounty manager to calculate the token after Bounty end. Finally, the reward token you receive is = stake* rate (stake/total pool). Dont worry about it, if you try hard, you will receive a lot of token
copper member
Activity: 84
Merit: 0
Let me explain it easy for you.

Bounty has total 1.000.000 tokens on the reward. 15% for Twitter Campaign means 150.000 tokens.

Your twitter earned total 100 stakes in the Twitter campaign. All participants earned 10.000 stakes.

So you will earn (150.000/10.000) x 100 = 1500 (tokens) from Twitter Campaign.

The number of stakes often depending on your twitter quality (more follows mean higher stake, audit rate,....) and the number of retweets that you've done in the campaign.
newbie
Activity: 24
Merit: 0
 Obviously stakes are the most important aspect of a bounty the success of any bounty depend on the work force who really take there time to or leverage on a particular bounty to perform task and assignment as to earn tokens which at the end of the bounty they get paid. Tokens determined how much you earn at the end of any bounty you get involved in. Every participant is rewarded in stakes done in the form of tokens. In other wards stakes are simply shares which are determined after the ico to know how much that is raised through participation during the bounty.
newbie
Activity: 126
Merit: 0
Stake means reward. As you participated in one ICO's bounty program, after the end of the ICO you will receive tokens. The tokens will depend on the stake you earned and the stake is depended on your rank and how many bounty programs you attend. You can find the details in the bounty link of any specific ICO.
hero member
Activity: 3038
Merit: 634
There's a pool for the reward/tokens for distribution after the bounty or the ICO is done and they are ready to reward their participants.

For example that the bounty allocates 1,000,000 tokens for all of their bounty. They'll put 30% for signature, 10% for social media, etc.

The stakes from the participants in the signature campaign will share the allocated 30% tokens of the total of 1,000,000 tokens so let's assume that's 300,000 tokens.

And each participants that has stakes/week is eligible to have those tokens but the calculation depends on the number of stakes you've earned.
sr. member
Activity: 658
Merit: 250
cuttings given every week to allocate funds to be given to each bounty participant, in the form of tokens at stake in the face of ICO
newbie
Activity: 280
Merit: 0
A stake can be described as a share. You get a stake amount according to your forum rank and number of posts (for social media campaigns). Then they are converted into token amount.
legendary
Activity: 2674
Merit: 1226
Livecasino, 20% cashback, no fuss payouts.

Yup, all is in there. I think a lot of newbies and even veterans fail to understand that stakes simply means a share, and you can be almost certain that nowadays, projects only determine that share AFTER ICO to see how much they raised. And this is where the problem arises. IF the project raises enough to meet soft or even hard caps, all are happy. But we've now seen so many ICOs fail to even reach soft cap, and they change their minds about distribution totals, making stakes meaningless in terms of actual receipt.
sr. member
Activity: 952
Merit: 267
newbie
Activity: 112
Merit: 0
EXAMPLE:

Distribution of awards at ranks in the Bitcointalk forum:

Quote
1. Newbie         1  stake\week
2. Jr.member    5  stakes\week
3. Member       10 stakes\week
4. Full member 30 stakes\week
5. Sr.member  50 stakes\week
6. Legendary   80 stakes\week

different rank will get different stakes.
at the end of the bounty they will all be added up.
then the bounty budget will be divided by the some of all stakes.

let say you have 100 stakes. total stakes of all bounty participants is 10,000. budget is 1,000,000 tokens.
this will be
1,000,000 / 10,000 = 100 each stakes....
you have 100 stakes x 100 tokens = 10,000 tokens.

this will be your final pay out (number of tokens)

This is the most simple way to explain how stakes works. Now, I have great insight how will the stakes works during the bounty campaigns. I strongly advice to work different campaigns to get more tokens at the end of the ICO sales.
member
Activity: 322
Merit: 15
each bounty have allocated tokens and all if allocated of token consist many campaign so each stake of campaign is different Smiley
newbie
Activity: 252
Merit: 0
and if someone thinks why they use stakes instead of tokens then there is flaw if they use tokens .
bcoz they dont know in advance how many people will join any campaign , so they cant fix limited no of token to each participant , if they do so in end either they will not be able to allocate all tokens or they will face shortage to pay further .

however some managers fix tokens per week , in that case they take a rough estimate and a cap of bounty participants .
full member
Activity: 1190
Merit: 111
EXAMPLE:

Distribution of awards at ranks in the Bitcointalk forum:

Quote
1. Newbie         1  stake\week
2. Jr.member    5  stakes\week
3. Member       10 stakes\week
4. Full member 30 stakes\week
5. Sr.member  50 stakes\week
6. Legendary   80 stakes\week

different rank will get different stakes.
at the end of the bounty they will all be added up.
then the bounty budget will be divided by the some of all stakes.

let say you have 100 stakes. total stakes of all bounty participants is 10,000. budget is 1,000,000 tokens.
this will be
1,000,000 / 10,000 = 100 each stakes....
you have 100 stakes x 100 tokens = 10,000 tokens.

this will be your final pay out (number of tokens)
newbie
Activity: 196
Merit: 0
Maybe I misunderstood you, but to calculate the number of tokens, you need A/B*C (you need to divide the Bounty pool (for your campaign) into the total number of stakes of all participants and multiply that by the total number of your stakes)
member
Activity: 350
Merit: 36
just want to add that it's important to look at total amt of tokens allocated to campaign, and the number of participants in the registered list to get a sense of what's a possible value of reward. has helped me quite a few times in selecting bounties which are worth it.
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