Author Topic: On Average how many OKCash do you need to effectively Stake  (Read 1641 times)

adsactly

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On Average how many OKCash do you need to effectively Stake
« on: September 17, 2016, 01:26:01 PM »
How many OKCash on Average do you need to make it worth while to receive rewards from staking?

OKtoshi

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Re: On Average how many OKCash do you need to effectively Stake
« Reply #1 on: September 17, 2016, 05:59:37 PM »
There is no average you need, every quantity can stake, depending on the network % staking it could take longer or sooner to take the stakes,
and like mining, more coins staking would mean higher staking power, but then again all stakers "miners" get their rewards,
meaning no matter how many coins you have staking, you will earn(stake-mine) its yearly % reward on them.
OK is open-source; its design is public, nobody owns or controls OK and everyone can take part.

Okorator

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Re: On Average how many OKCash do you need to effectively Stake
« Reply #2 on: October 04, 2016, 02:25:29 PM »
I recomend everyone buy at least 500k to stake  :P


But, yeah, no min... the greater the amount, the more often the stakes, but not more coins overall.

John

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Re: On Average how many OKCash do you need to effectively Stake
« Reply #3 on: February 01, 2017, 06:25:34 AM »
I recomend everyone buy at least 500k to stake  :P


But, yeah, no min... the greater the amount, the more often the stakes, but not more coins overall.


at least 500k? so big!

sylvesterboyd

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Re: On Average how many OKCash do you need to effectively Stake
« Reply #4 on: June 11, 2017, 02:11:25 PM »
so, even tho my staking tab is posting "2 days to reward", since i opened my wallet 5 days ago, by the end of the year i will have the annual% posted into my wallet

shbour

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Re: On Average how many OKCash do you need to effectively Stake
« Reply #5 on: August 19, 2017, 10:30:30 AM »
I recomend everyone buy at least 500k to stake  :P


But, yeah, no min... the greater the amount, the more often the stakes, but not more coins overall.


at least 500k? so big!
I think the k was a typo and meant to write 500 OK.

shbour

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Re: On Average how many OKCash do you need to effectively Stake
« Reply #6 on: August 19, 2017, 10:34:47 AM »
so, even tho my staking tab is posting "2 days to reward", since i opened my wallet 5 days ago, by the end of the year i will have the annual% posted into my wallet
OK is meant to give a PoS of 10% until next halving. If you stake your coins throughout the year, you will get that 10%, unless you didn't stake for the whole 10% period.