Other > BitShares AGS

Should I be doing something?

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progmac:
well last night i finally 'did something.'
i created a new account, transferred my genesis stake, registered the new account, and then made another new account, sent it all to that account, and registered that account, and backed the whole thing up to a removable drive. hopefully i did that right.   it took a minute but fortunately i had the time last night.

onceuponatime:

--- Quote from: progmac on August 13, 2014, 06:14:03 pm ---I have a handful of AGS from before the Feb. 28 snapshot. I understand that this entitles me to some BTS X and maybe future projects.  I don't have any interest in liquidating or trading anything. I haven't downloaded the BTS X wallet etc.

Do I need to be actively doing anything or can I just sit here indefinitely?

--- End quote ---

"Actively doing" something (such as downloading the wallet, trying it out and spreading the word about how incredibly fast it is) might help turn your small investment into a much bigger one  ;D.

xeroc:
- you can just send all your stake to yourself .. thats a new transaction an a new year (365 days)
- the inactivity fee of 5% is currently not implemented yet .. (plenty of time left to do) :)

progmac:

--- Quote from: oco101 on August 13, 2014, 06:31:15 pm ---
--- Quote from: progmac on August 13, 2014, 06:28:09 pm ---
--- Quote from: xeroc on August 13, 2014, 06:21:47 pm ---You can still sit this out but ... the long term plan is to have a 5% inactivity fee for stakes that have not been moved for more then 365 days .. just a fyi

--- End quote ---
What constitutes "moving a stake?"

--- End quote ---

You need in the next 360 day to import your wallet and then you need to move your Btsx tokens from one account to another too.

--- End quote ---
I'm glad that I asked. I'll make sure to get on this before I forget and a year goes by.

biophil:

--- Quote from: oco101 on August 13, 2014, 06:31:15 pm ---
--- Quote from: progmac on August 13, 2014, 06:28:09 pm ---
--- Quote from: xeroc on August 13, 2014, 06:21:47 pm ---You can still sit this out but ... the long term plan is to have a 5% inactivity fee for stakes that have not been moved for more then 365 days .. just a fyi

--- End quote ---
What constitutes "moving a stake?"

--- End quote ---

You need in the next 360 day to import your wallet and then you need to move your Btsx tokens from one account to another too.

--- End quote ---

As I understand it, all you have to do is send your entire balance to yourself.

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