Portfolio Builder Setup

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

- Easy Staking: Hold BBP **and** Hold BTC, LTC, DOGE or DASH
(Earn up to 36% interest per year!)

- Easy BBP Staking: Hold BBP
(Earn up to 18% interest per year!)

[Sanctuaries (Masternodes), the 2nd tier network of nodes on the BiblePay blockchain, now act as UTXO oracles,
meaning they have the capability to assess another cryptocurrency chain’s UTXO status]

Guides

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

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

Pre-requisites

1. Download Wallet
https://www.biblepay.org/wallet/
a. Wallet will automatically start syncing

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

3. Lock your wallet with a password, Settings >> Encrypt Wallet
a. Now Unlock wallet
Settings >>> Unlock Wallet (and then later Settings >>> Lock Wallet)
or Tools >>> Debug Console >>>

   walletpassphrase "password" seconds // wallet will automatically lock again after time in seconds

Setup

4. Create nickname
a. User Record >>> My User Record
b. Enter in name for nickname field
c. Click Save

5. Split your coins into chunks, Run command (Tools >> Debug Console):

   exec bankroll quantity amount 
   exec bankroll 5 1000 // will create 5 addresses with 1000 BBP each

5a. Wait a couple blocks (10-15 minutes)

Easy Stake (BBP AND BTC, LTC, DASH or DOGE)

foreign_address = BTC, LTC, DASH or DOGE

a. In Foreign Wallet, Generate a new foreign_address (BTC, 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

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 daily interest
the coin amount with the lower USD value is used
(staking value = lower coin value multiplied by 2)

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)

   easybbpstake amount 0 // test
   easybbpstake amount 1 // real

DWU

DWU is similar to yearly ROI (Return on Investment)

Leaderboard

If you are running the graphical wallet click on the Leaderboard tab on the left side.
Sort the leaderboard by Owed (Owed is how much BBP the user is owed by the contract).
Double click on nicknames to see staking details

List Stakes

   listutxostakes 0 0

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