Difference between revisions of "Portfolio Builder Setup"

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Get paid to hold BiblePay (BBP), and other cryptocurrencies!
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Get paid daily rewards to hold BiblePay (BBP), and other major cryptocurrencies!
  
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- '''Easy Staking''': Hold BBP **and** Hold BTC, LTC, DOGE or DASH <br />
 
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(Earn up to 36% interest per year!)
 
  
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- '''Easy BBP Staking''': Hold BBP <br />
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You may hold BBP alone for the standard reward, or hold BBP **and** another cryptocurrency for a double reward (split over the market value of the position).
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(Earn up to 18% interest per year!)
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To prove you own coins, you add a 5 digit BBP pin number in the decimal section of the amount, read more below!
  
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[Sanctuaries (Masternodes), the 2nd tier network of nodes on the BiblePay blockchain, now act as UTXO oracles,  <br />
 
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meaning they have the capability to assess another cryptocurrency chain’s UTXO status]
 
  
 
=== Guides ===
 
=== Guides ===
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https://foundation.biblepay.org/Press/How_To_Stake_With_BiblePay.mp4
 
https://foundation.biblepay.org/Press/How_To_Stake_With_BiblePay.mp4
  
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- UTXO Mining <br />
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https://wiki.biblepay.org/UTXO_Mining
 
  
 
=== Pre-requisites ===
 
=== Pre-requisites ===
  
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1. Download Wallet <br />
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1. Create a wallet at https://unchained.biblepay.org | Save your Nickname
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https://www.biblepay.org/wallet/ <br />
 
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a. Wallet will automatically start syncing
 
  
 
2. Buy BiblePay (BBP) Coins / Send them to Wallet <br />
 
2. Buy BiblePay (BBP) Coins / Send them to Wallet <br />
 
https://www.reddit.com/r/BiblePay/comments/7nevdg/how_to_get_biblepay_bbp_coins/
 
https://www.reddit.com/r/BiblePay/comments/7nevdg/how_to_get_biblepay_bbp_coins/
  
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3. Lock your wallet with a password, Settings >> Encrypt Wallet <br />
 
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a. Now Unlock wallet <br />
 
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Settings >>> Unlock Wallet (and then later Settings >>> Lock Wallet)<br />
 
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or Tools >>> Debug Console >>>
 
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    walletpassphrase "password" seconds // wallet will automatically lock again after time in seconds
 
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=== Setup ===
 
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4. Create nickname <br />
 
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a. User Record >>> My User Record <br />
 
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b. Enter in name for nickname field <br />
 
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c. Click Save <br />
 
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5. Split your coins into chunks, Run command:
 
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    exec bankroll quantity amount
 
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    exec bankroll 5 1000 // will create 5 addresses with 1000 BBP each
 
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5a. Wait a couple blocks (10-15 minutes)
 
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=== Easy Stake (BBP AND BTC, LTC, DASH or DOGE) ===
 
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foreign_address = BTC, LTC, DASH or DOGE
 
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a. In Foreign Wallet, Generate a new foreign_address (BTC, LTC, DASH or DOGE address)
 
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b. In BiblePay Wallet, Run command: 
 
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    getpin foreign_address
 
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You will get a 5 digit pin number, for example 55555
 
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c. Add that pin number to the decimal section of foreign coins you want to stake
 
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and then send the coins to yourself at foreign_address <br />
 
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Example:
 
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    pin: 55555
 
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    desired foreign stake amount: 10 LTC
 
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    amount to send to foreign_address: 10.055555 LTC (or 10.0055555, etc)
 
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NOTE: Pin must fit within first 8 decimal places
 
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d. In BiblePay wallet run command to stake BBP and foreign coin
 
  
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    easystake bbp_amount foreign_address 0 // test
 
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    easystake bbp_amount foreign_address 1 // real
 
  
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NOTE: When calculating daily interest  <br />
 
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the coin amount with the lower USD value is used  <br />
 
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(staking value = lower coin value multiplied by 2) <br />
 
  
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So if you stake $50 of LTC you will want to try to stake at least $50 of BBP, to give you the $100 total stake value
 
  
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=== Easy BBP Stake (BBP) ===
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''' Stake BiblePay Alone '''
  
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    easybbpstake amount 0 // test
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From https://unchained.biblepay.org | Portfolio Builder
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    easybbpstake amount 1 // real
 
  
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=== DWU ===
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Select BBP
  
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DWU is similar to yearly ROI (Return on Investment) <br />
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Fund your receive address with an amount of biblepay ending in the 5 digit pin.
  
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=== Leaderboard ===
 
  
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If you are running the graphical wallet click on the Leaderboard tab on the left side. <br />
 
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Sort the leaderboard by Owed (Owed is how much BBP the user is owed by the contract). <br />
 
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Double click on nicknames to see staking details <br />
 
  
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=== List Stakes ===
 
  
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    listutxostakes 0 0
 
  
 
=== References ===
 
=== References ===

Latest revision as of 15:14, 28 August 2021

Get paid daily rewards to hold BiblePay (BBP), and other major cryptocurrencies!


You may hold BBP alone for the standard reward, or hold BBP **and** another cryptocurrency for a double reward (split over the market value of the position).


To prove you own coins, you add a 5 digit BBP pin number in the decimal section of the amount, read more below!


Guides

- Video Tutorial (by Founder & Lead Developer of BiblePay!)
https://foundation.biblepay.org/Press/How_To_Stake_With_BiblePay.mp4


Pre-requisites

1. Create a wallet at https://unchained.biblepay.org | Save your Nickname

2. Buy BiblePay (BBP) Coins / Send them to Wallet
https://www.reddit.com/r/BiblePay/comments/7nevdg/how_to_get_biblepay_bbp_coins/



Stake BiblePay Alone

From https://unchained.biblepay.org | Portfolio Builder

Select BBP

Fund your receive address with an amount of biblepay ending in the 5 digit pin.



References

- Video Tutorial
https://foundation.biblepay.org/Press/How_To_Stake_With_BiblePay.mp4

- UTXO Mining
https://wiki.biblepay.org/UTXO_Mining

- Descriptions
https://forum.biblepay.org/index.php?topic=748.msg9967#msg9967
https://forum.biblepay.org/index.php?topic=517.msg10300#msg10300

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