i've been staking for 6 days now, but still no reward... how's this possible. The wallet is 80% of the day open for staking.
Use the following shortcut to calculate the hours until first stake rewards (assuming 5% reward)
350400 / Number of XSPEC = Hours till first Stake
To expect to receive a stake in less than 6 days, you need to hold more than 2500 XSPEC.
(Calculation is only approximative. In particular, the real return right now is more like 10%, so the number of XSPEC needed would be in the order of 1250. On the otherhand, there is also the luck factor which needs to be accounted for)
You currently need
14600 XSPEC to see staking rewards everyday (
365 times a year). Here are some formulas and math:
https://www.reddit.com/r/XSPEC/comments/7vay51/spectre_xspec_pos_v3_staking_metrics/?ref=share&ref_source=linkActually the formula is inaccurate, because it makes the suppositions :
1) the amount of Spectrecoin is 20 000 000 (actually a tiny bit higher ~ 20,8M tokens)
2) All the XSPEC are in wallets and stacking.
In fact only a bit over 1/3rd of the total amount of spectre is stacking.
Therefore the reward is a bit under 3 times higher than the formula used above, and with 5-6k tokens you should average around 1 stake a day (as staking is also based on luck, it's an average, you might stake more or less depending on your luck)
The formula is exact, but assumes that the effective interest is 5%, as designed into the system. The amount of XSPEC in circulation plays no role in this calculation and under this assumption.
The question is, what the true interst received is. That is rather impossible to calculate without knowing exactly the amount of XSPEC in staking wallets and the total amount of XSPEC available. As indicated, the true interest varies continuously, and tends to be anywhere between 10% and 20% these days.
The interest rate in the OP states 5%. Are you saying that it depends on the amount of XSPEC in staking wallets? Why? Is there a formula for that so we can calculate the actual interest or the amount in staking wallets?
If it's really 10% or 20%, then the minimum needed to stake every day would be 7300 XSPEC or 3650 XSPEC respectively. Question is how do we know the other variables? Is there a page with the XSPEC current info?