Post
Topic
Board Altcoin Discussion
Re: what is stakes?
by
Buttercup123
on 17/11/2017, 03:48:03 UTC
i applying a social media campaign and there payment is 10stakes what stakes about?


Thanks for the comments.

Stakes are a means of measurement. Example Social media campaign which you participated, have allocated 100,000 coins, this campaign have 100 people participate and total is 5000 stakes so per stake :  100,000/5000 = 20 coins

True, the use of stakes are just for measuring, it is like giving points to someone depending on the position/level/ranking, number of post, share, likes and etc., additional points like wearing the avatar, following the FB page, Twitter Account, Telegram and other types of bounty. The number of tokens that you will receive will depend on how many tokens you have for a particular bounty.

"Example Social media campaign which you participated, have allocated 100,000 coins, this campaign have 100 people participate and total is 5000 stakes so per stake :  100,000/5000 = 20 coins"- not right

to explain this.. the total number of stakes all the member has will be counted and tallied ( 100 participants, 50 stakes per participants, 100*50=5000 stakes in total), the campaign allocated 100,000 coins in the Social Media bounty,, so to get the total coins you will receive, simply divide the allocated coins with the total tokens of all participants, then multiply it by your total number of tokens.

(Allocated Coins / Total Stakes of all Participants)*total stakes received = Number of Coins you will Receive.