You are viewing a single comment's thread from:

RE: SMARTCASH - How to Setup and Earn Smart Rewards - Why smart Rewards are better then Master Nodes - Step by Step Guide.

in #smartcash8 years ago

as far as I understand it this is wrong...

you get rewards for 1000 smart if put into a wallet before the 25th
but if you put 1000 or 1500 or 1999 you will only get 5,2% (currently)on 1000
So the staking goes in blocks of 1000

The added value of the nodes is that they both give staking rewards and node rewards so you can add those up but they are the same principle: a node required 10000 smartcash but having 15436 smartcash in there will not make you get more revenue from the node (it will from staking)

Sort:  

This is still confusing for me so i added more then 1000 smart to my wallet in order to see how it works?
If staking is in block of 1000 smart then why there is the calculator on smartcash website that allow us to change value of smartcash we hold for smart rewards.
Have you got any smart rewards? If yes then please share some details with us.

I have been reading up on smart for months and have written some posts about it as well, also on my journey to get my first smartcash and be able to buy it
I am now staking in my wallet and am expecting my first rewards for this wallet
SkJbUr35DMN7iLLkRDdAHPc7HKui4qw5Sn

this one is now holding 10007 smartcash but out of those only 4000 is staking at the moment
So on the 25th I should be getting 4x 6%(ish) 240 steem
If I would leave it then I would get rewarded next month for 10000 steem and not for 10247

The sad thing is that if you remove coins that are between the multiples of 1000 you will not get any rewards.
You are allowed to add to a wallet but not withdraw as that cancels out your staking
I am here appealing to @hannahlicious and @smartcash or @hedge-x to correct me here (or any other smartcash pro) @lukestokes also wrote some good articles

Coin Marketplace

STEEM 0.13
TRX 0.33
JST 0.034
BTC 111130.52
ETH 4299.27
SBD 0.83