I have a quite stupid question...
People always say XXX stakes to reward in their bounty program. So what's a stake? My understanding is that is this the project token? So we just avoid saying the names of different tokens by saying just STAKE for them all?
For example, if I get 1 stake for QASH, means that I get 1 QASH; if I get 1 stake for Tezos meaning I get 1 XTZ?
Thanks guys!!
Stakes are the equivalent percentages you get from the total coins that will be distributed to all participants. So, if you get 10 stakes from 1000 total stakes of all participants and the campaign will distribute say 100,000 coins. then from your 10 stakes, you will get (10 / 1000) x 100000 coins or that is 1,000 coins.
For stakes most of them is earned and its divided by the total tokens multiplied by the tokens.