hi guys, Im just wondering what stakes means? i often saw it on some of the bounty here on forum like for example.
You will get 10 stake upon completion of the job. something like that.
how much is 10 stakes? and what its currency. thanks
stake is a quantity that help to distribution coin or token or btc after the end of the campaign,here my calculation
suppose one campaign give 50000 coin or token to the bounty hunters after the campaign for signature .
payment structure :
legendary = 5 stake per wk
hero member = 4 stake per wk
sr member = 3 stake per wk
full member = 2 stake per wk
member = 1 stake per wk
if the campaign will run about 5 wk and participant are only 5 person then participants will get 5x stake like below
legendary = 5*5=25 stake
hero member = 4*5=20 stake
sr member = 3*5=15 stake
full member = 2*5=10 stake
member = 1*5=5 stake
now calculate total stake for all member = 25+20+15+10+5=75 stake
now need to calculate 1 stake = how many coin?
so total coin divide total stake = 50000/75 = 666.66666666 coin per stake .
now all participants will get
legendary = 5*5=25*666.66 = 16666 coin
hero member = 4*5=20*666.66=13333 coin
sr member = 3*5=15*666.66= 9999.9 coin
full member = 2*5=10*666.66= 6666.6 coin
member = 1*5=5*666.66= 3333.33 coin
this is the calculation of stake