Topic: What are stakes? - page 6. (Read 682 times)
Stakes rewards is used for bounty campaign, once we joined a campaign we have a total stakes at the end of the campaign but depend on the rank position, because the higher rank we have, the more stakes we earn. Because distributions of stakes are based on the rank status.
Stake is an identifier on how much allocation you got in the bounty campaign. For example, you joined facebook, and you have 500 friends that is equivalent to 1 stake per week. For a month you earned 4 stakes, 1stake/week, and in the conclusion, the bounty manager post 50 bounty coins per stake, so 50 coins X 4 stake= 200 coins.
Stacks and this is something like a conditional unit. Their price will depend on the total number of stacks and budget of Bounty.
Thank you guys for your explanations. Very clear.
I still have one last question though about the payment.
I think almost every bounty pay their participants weekly, that is, calculated by stakes or their coins; but, does that mean that if i'm paid in stakes, every week I just get the symbolic "stake" but not real valued coin (like btc or eth). I should wait until the end of the bounty (normally the end of crowdsale) to be able to change them to real value?
I still have one last question though about the payment.
I think almost every bounty pay their participants weekly, that is, calculated by stakes or their coins; but, does that mean that if i'm paid in stakes, every week I just get the symbolic "stake" but not real valued coin (like btc or eth). I should wait until the end of the bounty (normally the end of crowdsale) to be able to change them to real value?
Yes, you get your stakes weekly (but this really depends on bounty manager, some calculate them in the end of the campaign) but you don't actually get paid anything (again, I think there is one manager who does pay weekly in BTC) until the end of the campaign. Most of the times the payment is in the form of a coin of the ICO you are promoting. You have however to wait, sometimes up to two months, after the bounty ends. Then you get your coins and either can trade them on exchanges (if it is being traded already) or wait until the coin gets listed on one of the exchanges.
Thank you!!!
Thank you guys for your explanations. Very clear.
I still have one last question though about the payment.
I think almost every bounty pay their participants weekly, that is, calculated by stakes or their coins; but, does that mean that if i'm paid in stakes, every week I just get the symbolic "stake" but not real valued coin (like btc or eth). I should wait until the end of the bounty (normally the end of crowdsale) to be able to change them to real value?
I still have one last question though about the payment.
I think almost every bounty pay their participants weekly, that is, calculated by stakes or their coins; but, does that mean that if i'm paid in stakes, every week I just get the symbolic "stake" but not real valued coin (like btc or eth). I should wait until the end of the bounty (normally the end of crowdsale) to be able to change them to real value?
Yes, you get your stakes weekly (but this really depends on bounty manager, some calculate them in the end of the campaign) but you don't actually get paid anything (again, I think there is one manager who does pay weekly in BTC) until the end of the campaign. Most of the times the payment is in the form of a coin of the ICO you are promoting. You have however to wait, sometimes up to two months, after the bounty ends. Then you get your coins and either can trade them on exchanges (if it is being traded already) or wait until the coin gets listed on one of the exchanges.
I think stakes to facilitate the calculation, because every campaign, the number of bounty and participants are different too. If you get 99 stages out of a total of 1000 stages that all participants have, then you are entitled to 99/1000 of the bounty provided.
But why bounty campaigns choose stakes over tokens/coins?
mainly because for most campaigns there's a fix allocation of tokens for the total bounty program. campaign manager divide that amount into percentages for each campaign, Then make a stake system, at the end of the campaign they add the number of stakes and then divide it by the allocated percentage of tokens then you get how many tokens per one stake, Then it's easy to calculate number of tokens.
For example - if the allocation for certain campaign is 100 tokens and bounty hunters earn 50 total stakes, that means 1 stake = 2 tokens. then you can calculate number of tokens per each participant.
Here's a detailed explanation about Stakes and some more post to refer if you have more questions .
What is Stake? How is it calculated? [Detailed Explanation]
https://bitcointalksearch.org/topic/what-is-stake-how-is-it-calculated-detailed-explanation-2928045
How Stakes are Calculated in ICO Bounty Campaigns
https://bitcointalksearch.org/topic/how-stakes-are-calculated-in-ico-bounty-campaigns-2073641
What are "Stakes" in Bounty Campaigns?
https://bitcointalksearch.org/topic/what-are-stakes-in-bounty-campaigns-2277486
Thank you so much!
But then each week I just get symbolic stakes? I have to wait the end of bounty to change it to real value?
Stakes are like matrix points in a matrix system. It is not the actual token that you will recieve. If you do your part in the campaign, you will be given points for your contribution. Points will varru depending in the rules in the campaign. This will dictate how many tokens will be given to you as your share in the token allocation.
I think stakes are a form of appreciation for you in every effort. It depends on the rules made. Simply put stakes may be said to be a score.
Marketing Campaign started by company to promote their projects in social media through people like us via Facebook , tweeter etc. gives you some reward. This reward is called stake. These are the coins which are distributed among the participants.
Thank you guys for your explanations. Very clear.
I still have one last question though about the payment.
I think almost every bounty pay their participants weekly, that is, calculated by stakes or their coins; but, does that mean that if i'm paid in stakes, every week I just get the symbolic "stake" but not real valued coin (like btc or eth). I should wait until the end of the bounty (normally the end of crowdsale) to be able to change them to real value?
I still have one last question though about the payment.
I think almost every bounty pay their participants weekly, that is, calculated by stakes or their coins; but, does that mean that if i'm paid in stakes, every week I just get the symbolic "stake" but not real valued coin (like btc or eth). I should wait until the end of the bounty (normally the end of crowdsale) to be able to change them to real value?
Hello all,
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!!
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!!
Yes actually stake is the total reward you get in weekly basis, but it depends on your ranks or position in the bounty campaign the higher ranks the many stakes you recieved weekly if you can comply the minimum post required, but we dont know the value per stake, given to us we will just wait until the campaign will end and hoping that the bounty campaign we are joining will be successfull.
Stake is literally a share of a pool. 1 stake itself means nothing. 100 stakes, for example, is 1000 tokens and you have 100 people in the bounty. So, each person will get 1 stake and 1000 tokens for it.
Stakes is the reward you.can get every week in most bounty campaign. As you can see number of stake is depend on you account, for example in siganture campaign the high rank has the highest stake. Wbat was the purpose? Stake is the on need on the formula to compute the token that is earn by one participant. Example ( total allocation of bounty/ all stakes * participant stake= token to get)
stakes are the rewards that you earn from different bounty campaigns by promoting there projects on social media and in return those campaigns give you stakes according to your followers/friends etc. and stakes are always given weekly.
stakes means your "PART" in a bounty, theres a polls for every bounty category, like signature campaign, social campaign, blogs and translation, each categories has a "part" to be divided onto participants that are participating on each categories, stakes should be use to be equally share their reward on what ranks, number of followers, blog popularity, and translation quality they have. meaning the more stakes indicates in your row in the spreadsheet, that there will be divided on how much poll that categories have. stakes indicates your rewards and not just to hide the value/name of the token.
Stake are given to us every week if we do the job and follow the rules correctly, and we will be given to the participants in accordance with the rank we have, I never think about how many tokens are available, I only work to get the stake every week
Stakes are distributed rewards for your weekly task in bounty campaign, if you got the reward it means that you hit the requirements for every week and it depends on the rank position how many stakes will be given to you
Hello all,
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 distributed as a reward for accomplishing your weekly task in your bounty campaign. If you are given stakes after you join a campaign then it only means that you finished their posting requirements every week.. Stakes is given weekly. 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!!
I think stake isn't the number of tokens what you got from the bounty.
the stake is like the point from your work in the bounty that you joined.
more so. points earned from the work every week. and each stakes earned are also influenced by the rank of each participant who follows the bounty campaign. the stake is like the point from your work in the bounty that you joined.
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