Ninjastic
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Board Announcements (Altcoins)
Re: ARK - Blockchains Interoperability with SmartBridge 🔹 ARK on OKEX 🔹
by
ZZOCC
on 11/02/2018, 09:40:37 UTC
Quote from: chocobo21 on February 10, 2018, 10:01:51 AM
Quote from: RivAngE on February 09, 2018, 08:11:31 AM
Quote from: Blockhunter on February 09, 2018, 12:12:43 AM
Quote from: RivAngE on February 09, 2018, 12:08:52 AM
Huh Quick question:  Say you vote for a delegate while you have 100 ARK in your wallet, so your voting "power" is equal to 100 ARK. If you get another 100 ARK later, does your voting power increase to 200 ARK?
I think I've read that you can vote for multiple people by divining the amount of ARK "staked" to each one. So I though that maybe you got to choose an amount every time you vote.

I haven't vote yet since the cost of voting is too high for he amount of ARK I have. I'll wait until I get some more but I'd like to know how that works and plan ahaid!
yes the more ark you add into the wallet you voted in the more your return is. I think average around 10% annually!

Excuse me but this still doesn't answer the whole of my question!  Smiley
If I add more ARK in my wallet, do I have to vote AGAIN? Or whatever ARK I add into my wallet is counted toward the vote I've registered?

No you don't have to vote for the delegate again it will cost you more Ark for nothing at all, you just need to vote once and if you want to increase your vote weight then all you need to do is send your Ark that you bought on exchange to your wallet address. Just find a good delegate that will you a high payout and stick with him until you find someone better. You can a list of delegate on the Ark forum.

RivAngE I don't understand when you say, "I haven't vote yet since the cost of voting is too high for he amount of ARK I have."

It just costs one ARK to vote or about $3.58 at the moment. I mean sure if you only have 2 ARK that'd be a 100% cost to vote, but even for me with my measly 100 ARK it's not a problem to spare an ARK to vote. I'll get it back in about 50 days based on my delegate's daily rewards.