while going through bounty threads, I came across rewards in the form of stakes. like if you post 40 times on bitcointalk.org you will get 500 stakes. Does that mean you will get 500 coins?
stakes means coins or something else.
can somebody explain this?
thanks
For Bounty campaigns, a prize pool is usually created and the gift in this prize pool is distributed to the campaign participants. The Stake system is a method used for fair distribution. For example, let's assume that there are 199 other participants in the campaign you are participating in for the signature campaign and all these participants have different ranks. There is something to be done for the fair distribution of all these users' earnings, which is the stake system. This system can actually be considered as a kind of profit share system. For example, if a 10-slice pie was created and a total of 1000 stakes were determined for these 10 slices, a user who gained 100 stakes was entitled to receive 1 slice of this pie. This is calculated in this way also in existing campaigns, but we can see that some campaigns use different calculation methods. I would like to send you a message that I have written about the Stake system before. As this message I will share in detail is detailed, you will have more information about the stake system.
What is Stake?
Stake is a type of unit used in signature campaigns, aimed at equality between users. You can think of this unit as a stock. Users can earn regular stakes on a weekly basis, depending on their campaigns and forum rankings. These stake units won are divided equally and fairly at the end of the campaign and are distributed as coins of that ICO.
How is the stake calculated?
The stake can be calculated in different ways as I see in many campaigns. If you wish is the most commonly used 2 stake calculation method.
1st Calculation Type: The total number of stakes that all of the users have gained is calculated, and this coin number is divided by the amount of stake specified for the campaign. In this way, how much money each user earns is learned and distributed to the accounts.
2nd Calculation Type: The total number of stakes the user has gained is calculated, then the number of coins determined for the campaign is divided by the stake amount and multiplied by the stake rates of the users and distributed to the accounts. It is also a type of calculation derived with the aim of reducing the wage to be distributed.
Why Stake?
Stake use is the most appropriate choice for both campaign owners and for fair competition and use among users. It is preferred for distribution to users without exceeding a certain amount of coin, without extra expense.
* All of this text belongs to BitcoinTalk user BitcoinTurk. It is strictly forbidden to copy it as it is not copy content. I think it is especially useful for individuals who are new to signing campaigns.
* I apologize for signs, language and other minor mistakes because my English level is not advanced. I can also arrange the memo section if it is going to be a problem or trouble for my labor.