BitShares Forum

Main => Stakeholder Proposals => Topic started by: zeljko2 on March 01, 2017, 11:35:36 pm

Title: Yield
Post by: zeljko2 on March 01, 2017, 11:35:36 pm

Hi i bought some BitAssets and i wonder how can i get yield on it ???

Title: Re: Yield
Post by: fav on March 02, 2017, 11:43:11 am

no yield.

Title: Re: Yield
Post by: zeljko2 on March 02, 2017, 07:12:18 pm

I hear that there is some type of stake delegated proof of stake or some interest or yield ???
And how can i use that stake system

Title: Re: Yield
Post by: DestBest on March 03, 2017, 01:18:01 pm

Quote from: zeljko2 on March 02, 2017, 07:12:18 pm

I hear that there is some type of stake delegated proof of stake or some interest or yield ???
And how can i use that stake system

Delegated Proof Of Stake - DPOS is the consensus mechanism behind Bitshares.
It means that you can vote (delegate) with your BTS tokens (stake) on witnesses (block producers).
If a witness receives enough votes, she will receive a salary in exchange for her block producing services (through dilution).
There is no yield anymore on Smartcoins like there was during Bitshares 0.x but you can earn a profit with them like with any other financial asset, buy high/sell low or sell high/buy low.