What is Stakes? - page 3. | Bitcointalksearch.org

injoin

newbie

Activity: 42

Merit: 0

Quote from: silent17 on September 21, 2017, 12:54:20 PM

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

The stake is similar to the value of the project. The stake is usually given in tokens, and when the project grows in the future, it’s value is worth exchangeable with common online/offline currencies including the bitcoin.

If you click the link below, there is a way to get a free tokens from the injoin project. You can get tokens with simple participation. Thank you.

https://bitcointalksearch.org/topic/m.21989705

silent17

full member

Activity: 420

Merit: 119

Quote from: CryptoKranthi on September 21, 2017, 01:22:59 PM

Now many bounty programs offering stakes instead of BTC.They are distributing their coins like 1% or 2% to the bounties.
For example : Total alloted coins for the signature campaign be 1,000,000 coins. If you earn 1 stake per week in signature campaign.Total 10 stakes in 10 weeks, and Total stakes earned by all participants in signature campaign bounty program be 10000.
Then the no of coins you will get,

   Your total stakes
   ----------------------------------------*Total Coins alloted in sig campaign
  Total stakes earned by all

  In the above case it is,
   10
   -------- * 1,000,000 = 1000 coins.
   10000
So you will get 1000 coins of that particular bounty program.Hope it's clear.

i get it now, but how about the coins is that equivalent to 1btc or something? what is the conversion of coins?

AlienSeeker

full member

Activity: 360

Merit: 100

Stakes are like shares or stocks you have in a company, since we are here i forum, then, it can be called as the shares/stocks you have earned in a campaign or project. This will tell you how much you have earned in that campaign.

CryptoKranthi

full member

Activity: 182

Merit: 100

Now many bounty programs offering stakes instead of BTC.They are distributing their coins like 1% or 2% to the bounties.
For example : Total alloted coins for the signature campaign be 1,000,000 coins. If you earn 1 stake per week in signature campaign.Total 10 stakes in 10 weeks, and Total stakes earned by all participants in signature campaign bounty program be 10000.
Then the no of coins you will get,

   Your total stakes
   ----------------------------------------*Total Coins alloted in sig campaign
  Total stakes earned by all

  In the above case it is,
   10
   -------- * 1,000,000 = 1000 coins.
   10000
So you will get 1000 coins of that particular bounty program.Hope it's clear.

rido

full member

Activity: 139

Merit: 100

shares are the places to participate in the campaign and will be rewarded after the campaign ends, which I think do not know about the others.

silent17

full member

Activity: 420

Merit: 119

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

Topic: What is Stakes? - page 3. (Read 1182 times)