DWS Setup

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Revision as of 10:58, 2 January 2020 by Togoshigekata (talk | contribs) (First Real Stakes)
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DWS (Dynamic Whale Staking) allows BiblePay coins to be burnt and then potentially be rewarded back with interest

Staking

Can stake for 7 to 365 days
Can use amounts between 100 and 1,000,000 BBP

First Real Stakes

  Burn:   10000, Reward:   29918, DWU: 199.7, Days: 364, Multiplier: 2.99x, Increase: 199%, End: 12-25-2020
  Burn: 1000000, Reward: 1088934, DWU: 108.2, Days:  30, Multiplier: 1.09x, Increase:   9%, End: 01-26-2020
  Burn:   10000, Reward:   10195, DWU: 101.9, Days:   7, Multiplier: 1.02x, Increase:   2%, End: 01-03-2020

NOTE: Longer stakes reward more per day then shorter stakes, Longer is exponentially better!

Commands

Get a Quote and Check All Stakes:

 exec dwsquote [optional 1=my stakes, 2=all] [optional 1=all, 2=unpaid only (default)]

Test Staking:

 exec dws AMOUNT DAYS 0 [optional RETURN_ADDRESS]

Burn Stake:

 exec dws AMOUNT DAYS I_AGREE [optional RETURN_ADDRESS]

NOTE: Default RETURN_ADDRESS is your CPK (Christian Public Key)


Disclaimer

I AM MAKING A SELF DIRECTED DECISION TO BURN THIS BIBLEPAY, AND DO NOT EXPECT AN INCREASE IN VALUE. I HAVE NOT BEEN PROMISED A PROFIT, AND BIBLEPAY IS NOT PROMISING ME ANY HOPES OF PROFIT IN ANY WAY. BIBLEPAY IS NOT ACTING AS A COMMON ENTERPRISE OR THIRD PARTY IN THIS ENDEAVOR. I HOLD BIBLEPAY AS A HARMLESS UTILITY. I REALIZE I AM RISKING 100% OF MY CRYPTO-HOLDINGS BY BURNING IT, AND BIBLEPAY IS NOT OBLIGATED TO REFUND MY CRYPTO-HOLDINGS OR GIVE ME ANY REWARD.


Technical Details

https://forum.biblepay.org/index.php?topic=468.0


References

https://forum.biblepay.org/index.php?topic=468.0

https://forum.biblepay.org/index.php?topic=465.msg6423#msg6423