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 means "POSITIONS", in the investor's term that means the amount of security either owned or owed by investor or the dealer. It is commonly used in Finance and stock market business as STAKE HOLDER'S (share holders).Yes you have guessed it right in there are some bounty program where you will get some amount of stake(positions) for completing the particular work on time in place of coins.
You can calculate 10 stakes by multiplying the value of one stake with 10. Suppose lets assume that the value of one stake is 0.02 BTC then your 10 stake value is 0.02*10 which is equal to 0.2.Even getting paid by Stake is also good as you owned them and holding them for few months can get you more price if their value goes up, similar to that of Altcoins and stocks.