Difference between revisions of "Portfolio Builder Setup"

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

@@ Line 1: / Line 1: @@
-Get paid daily interest to hold BiblePay (BBP), and other cryptocurrencies!
+Get paid daily rewards to hold BiblePay (BBP), and other major cryptocurrencies!
-- '''Easy Staking''': Hold BBP **and** Hold BTC, ETH, LTC, DOGE or DASH <br />
-- '''Easy BBP Staking''': Hold BBP <br />
+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).
-[Sanctuaries (Masternodes), the 2nd tier network of nodes on the BiblePay blockchain, now act as UTXO oracles,  <br />
-meaning they have the capability to assess another cryptocurrency chain’s UTXO status]
-To prove you own non-BBP coins, you add a 5 digit BBP pin number in the decimal section of the amount, read more below!
+To prove you own coins, you add a 5 digit BBP pin number in the decimal section of the amount, read more below!
 === Guides ===
@@ Line 15: / Line 13: @@
 https://foundation.biblepay.org/Press/How_To_Stake_With_BiblePay.mp4
-- UTXO Mining <br />
-https://wiki.biblepay.org/UTXO_Mining
 === Pre-requisites ===
-. Download Wallet <br />
+. Create a wallet at https://unchained.biblepay.org | Save your Nickname
-https://www.biblepay.org/wallet/ <br />
-a. Wallet will automatically start syncing
 . Buy BiblePay (BBP) Coins / Send them to Wallet <br />
 https://www.reddit.com/r/BiblePay/comments/7nevdg/how_to_get_biblepay_bbp_coins/
-. Lock your wallet with a password, Settings >> Encrypt Wallet <br />
-a. Now Unlock wallet <br />
-Settings >>> Unlock Wallet (and then later Settings >>> Lock Wallet)<br />
-or Tools >>> Debug Console >>>
-    walletpassphrase "password" seconds // wallet will automatically lock again after time in seconds
-=== Setup ===
-. Create nickname <br />
-a. User Record >>> My User Record <br />
-b. Enter in name for nickname field <br />
-c. Click Save <br />
-. Enable Coin Control, <br />
-In wallet, Click Settings menu >>> Options >>> Wallet >>> Click Enable coin control features >> Ok <br />
-Now click Send tab >>> Inputs... >>> Can view all your coins and the addresses they are in! <br />
-(Later when a set of coins gets staked a lock icon will show up next to it)
-. Split/combine your coins into chunks for stakes and stake fees with bankroll command (Tools >> Debug Console):
-    exec bankroll quantity amount
-    exec bankroll 5 100 // will create 5 addresses with 100 BBP each
-'''NOTE:''' Stake amounts can only be 10,000 to 10,000,000 BBP each <br />
-and Stake fees require addresses with 1 to 100 BBP each, <br />
-so bankroll your coins accordingly! <br />
-a. Wait a couple blocks (~15 minutes)
-=== Easy Stake (BBP AND BTC, ETH, LTC, DASH or DOGE) ===
-foreign_address = BTC, ETH, LTC, DASH or DOGE
-a. In Foreign Wallet, Generate a new foreign_address (BTC, ETH, LTC, DASH or DOGE address)
-b. In BiblePay Wallet, Run command (Tools >> Debug Console):
-    getpin foreign_address
-You will get a 5 digit pin number, for example 55555
-c. In Foreign wallet, Add pin number to decimal section of amount you are sending to yourself for staking <br />
-Example:
-    pin: 55555
-    desired foreign stake amount: 10 LTC
-    amount to send to foreign_address: 10.055555 LTC (or 10.0055555, etc)
-NOTE: pin must fit within first 8 decimal places
-d. In BiblePay wallet, Run command to stake BBP and foreign coin
-    easystake bbp_amount foreign_address 0 // test
-    easystake bbp_amount foreign_address 1 // real
-NOTE: When calculating the DWU  <br />
-the coin amount with the lower USD value is used  <br />
-(staking value = lower coin value multiplied by 2) <br />
-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
-=== Easy BBP Stake (BBP) ===
+''' Stake BiblePay Alone '''
-    easybbpstake amount 0 // test
+From https://unchained.biblepay.org | Portfolio Builder
-    easybbpstake amount 1 // real
-=== DWU ===
+Select BBP
-DWU is the percentage of coins you will earn per year on your staking position. <br />
+Fund your receive address with an amount of biblepay ending in the 5 digit pin.
-=== Leaderboard ===
-If you are running the graphical wallet click on the Leaderboard tab on the left side. <br />
-Sort the leaderboard by Owed (Owed is how much BBP the user is owed by the contract). <br />
-Double click on nicknames to see staking details <br />
-=== List Stakes ===
-    listutxostakes 0 0
 === References ===

Difference between revisions of "Portfolio Builder Setup"

Latest revision as of 15:14, 28 August 2021

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