Topic: what do you mean by 1 stake per week? (Read 320 times)
In terms of stocks, it means that you will be own one stake in a just a week. It is a process of having a ownership in a certain company which gives you lots of privileges as a owner or holder.
I think that steaks are like some kind of shares or percentages. They are needed for easy calculation at the end of the bounty company.
I have seen on bounty that like example:
Facebook campaign
500-1999 friends- 1 Stake per week
Is that 1 coin per week?
Facebook campaign
500-1999 friends- 1 Stake per week
Is that 1 coin per week?
No it does not mean 1 coin per stake , it can be much more than 1 coin or less too .
stake is awarded to make procedure simple to calculate tokens in end , bcoz awarding stakes is easier than awarding fixed amount of tokens .
for example -
you joined twitter bounty with 1m tokens budget , there are 1000 participants with different profile like
some members have 500+ followers - 2 stake per week, few have 5000+ followers - 5 stake per week
at the end of campaign suppose total stakes are 100k , then 1 stake value will be = total number of token allocated / total number of stakes = token per stake .. in this case it will be = 1m / 100k = 10 tokens per stake .
so person with 500+ follower will get = 10 x stakes he earned in total , and person with 5k+ followers will get = 10 x stakes he earned .
I have seen on bounty that like example:
Facebook campaign
500-1999 friends- 1 Stake per week
Is that 1 coin per week?
Facebook campaign
500-1999 friends- 1 Stake per week
Is that 1 coin per week?
No its not 1 coin. Steak means it depends on how many people join the campaign. For example there are 100 of you in the facebook campaign. The total coins allocated for bounty is 100,000 Xcoin and 20% is for the facebook bounty, then 20,000 divide it by 100 people. So you receive a total of 200 Xcoins
Lets make it clear here:
Facebook bounty 20% of 100,000 = 20,000
Total participants 100
20,000 / 100 = 200 Xcoins
Its really like newbie question.Its not coin of course.But 1 stake is very bad i think , if stake is not more valuable.Good luck with stakes.
Stakes like the word implies, is the share if the coins you'll get after calculations have been done. The higher your stakes most times, the more the number of tokens you'll get during distribution. In essence, 1 stake is not equal to 1 token
The stake per bounty is different. You get the sum of all your stake after the bounty of the campaign has ended.
What do you mean by 1 stake per week, this means that when you join the bounty campaign you will be given a task that you will do per week and you have to complete it in every week and you will be receiving a stake per week and that is your score if you comply the task weekly and they will total all your stakes when the county campaign has ended.
1 stake per week is a picture that signifies if we participate in a project, so it is just a marker if we will get the reward in the future. it is not a coin calculation but merely a marker.
The term marker is hard to understand.To make it short and simple, stake means share. You get 1 share for the total reward pool of that bounty weekly.
Before joining the bounty, you should read the rules of each campaign carefully. A skate is converted to a Token depending on the number of Tokens the project has for the bounty and the number of members participating in that bounty. Usually, a skate is calculated by the total number of bounty tokens divided by the total number of skates at the end of the bounty. So instead of asking questions like this, you should read the information on the bounty topic.
I have seen on bounty that like example:
Facebook campaign
500-1999 friends- 1 Stake per week
Is that 1 coin per week?
1 stake per week is a picture that signifies if we participate in a project, so it is just a marker if we will get the reward in the future. it is not a coin calculation but merely a marker. Facebook campaign
500-1999 friends- 1 Stake per week
Is that 1 coin per week?
It is what you get as a reward of the word you have done for that week well it is for bounty hunters not for investor the stake we are talking about differs depending on your rank in bitcoin talk forum.
Yes, get one stake for a week, and do it for several weeks to sum up and you will be given the number of tokens that match the number of stake in that campaign. So be industrious, you will get results.
NO it's not. By stakes it means, that you earn one share and it depends on how many shares are earned by every individual who participated in your campaign. The amount of coins per stake is calculated after the bounty ends. All stakes are then summed up and bounty budget is divided by that number to all participants of the bounty campaign you joined.
The stake is a percentage of what you earn. that is, the amount of money you earn from the total token pool at the end of the campaign.
It's not a coin but it will determine how much you will have at the end of the bounty campaign. The more stakes you get the more share you will have. Your total stakes at the end of the bounty will be divided by the summation of stakes of all bounty participants then multiply by bounty tokens allocated in that campaign.
Oh that's how it works, thanks for sharing your knowledge about this, I as a newbie have no idea of what is stake, it is based on your profit in a week right? when you are participating in a campaign.
I have seen on bounty that like example:
Facebook campaign
500-1999 friends- 1 Stake per week
Is that 1 coin per week?
That means that you earn one share and it depends on how many shares are earned by every people who partiicpated in your campaign.Facebook campaign
500-1999 friends- 1 Stake per week
Is that 1 coin per week?
For example, you earn 1 stake, there will be 1000stakes total and bounty pool will be 5000tokens, so 5000/1000 - 5 tokens per stake
Stakes can be equal to shares.
Since bounties has a specific amount of budget to distribute to bounty hunters, stakes were implemented. This way, the campaign wouldn't shoulder the problem of having excess or insufficient tokens, and the limit of the participants they can accomodate. With stakes/shares, distribution would be fair and greatly lessen the managers job.
Since bounties has a specific amount of budget to distribute to bounty hunters, stakes were implemented. This way, the campaign wouldn't shoulder the problem of having excess or insufficient tokens, and the limit of the participants they can accomodate. With stakes/shares, distribution would be fair and greatly lessen the managers job.
A stake is not equivalent to 1 coin. The number of coins that a stake is equivalent depends on the total number of stake issued and the number of coins allotted. If the total number of stake issued is 100 and you have 10 stakes and the number of allotted coins is 1000 then then the number of coins that you get is 100. The stakes that you have is 10% of the total stakes and 10% of allotted coins is 100. I hope this explains well what a stake is.
I think it’s not possible for understand. Because how many stakes are available in the bounty we don’t know.
Stake just means a portion of the total pool available for that particular bounty.
Most (but not all) bounties take a 'stake' approach. They set aside a portion of their ICO income (usually 1-3 per cent) for the purpose of bounties, which are to promote and market the upcoming ICO through forums like facebook, bitcointalk signatures and twitter.
As the ICO want to 'fix' their expenditure, they will award stakes not separate coins/tokens, as if you awarded coins per post, you would have an uncapped number of coins going towards promotion depending on how popular your ICO is.
So with stakes, you'll receive a set amount of coins/tokens based on the number of stakes you have relative to the other bounty participants.
Simple example, the ICO decides that 10,000 coins are available for the bounty. They decide all of these tokens should be awarded for a signature campaign. Joe has 20 stakes, Tom has 10 stakes and Sarah has 10 stakes.
Joe would get 5,000 tokens, Tom and Sarah would get 2,500 each.
Hope that helps.
Most (but not all) bounties take a 'stake' approach. They set aside a portion of their ICO income (usually 1-3 per cent) for the purpose of bounties, which are to promote and market the upcoming ICO through forums like facebook, bitcointalk signatures and twitter.
As the ICO want to 'fix' their expenditure, they will award stakes not separate coins/tokens, as if you awarded coins per post, you would have an uncapped number of coins going towards promotion depending on how popular your ICO is.
So with stakes, you'll receive a set amount of coins/tokens based on the number of stakes you have relative to the other bounty participants.
Simple example, the ICO decides that 10,000 coins are available for the bounty. They decide all of these tokens should be awarded for a signature campaign. Joe has 20 stakes, Tom has 10 stakes and Sarah has 10 stakes.
Joe would get 5,000 tokens, Tom and Sarah would get 2,500 each.
Hope that helps.
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