BitShares Forum

Main => Stakeholder Proposals => Topic started by: monsterer on October 25, 2014, 09:45:58 pm

Title: What stake is required to get the maximum delegate pay per block?
Post by: monsterer on October 25, 2014, 09:45:58 pm
Currently, the maximum delegate pay per block is listed as 1.48 BTSX - what quantity of BTSX would be required to generate that pay rate?
Title: Re: What stake is required to get the maximum delegate pay per block?
Post by: emski on October 25, 2014, 09:51:20 pm
If you want to elect a delegate just with your stake you will currently need 6.28% of the total BTSX stake.
This is the stake voting for 101th delegate at the moment.
You can check the status at http://www.bitsharesblocks.com/delegates .
Title: Re: What stake is required to get the maximum delegate pay per block?
Post by: monsterer on October 25, 2014, 11:14:04 pm
If you want to elect a delegate just with your stake you will currently need 6.28% of the total BTSX stake.
This is the stake voting for 101th delegate at the moment.
You can check the status at http://www.bitsharesblocks.com/delegates .

Ahh, ok - so as a delegate the proportion of BTSX you hold does not dictate your pay? But in order to be voted in, the weight of the voter's vote is dictated by their BTSX holdings?
Title: Re: What stake is required to get the maximum delegate pay per block?
Post by: emski on October 25, 2014, 11:17:48 pm
Correct.
You don't need any BTSX in order to be a delegate. You just need some funds to register it.
Title: Re: What stake is required to get the maximum delegate pay per block?
Post by: monsterer on October 26, 2014, 02:58:41 pm
Correct.
You don't need any BTSX in order to be a delegate. You just need some funds to register it.

Many thanks - that clears it up for me :)