Can you please guide me what is the term "stake"?
Bounty campaigns are using this word/term and reward the bounty participants with stakes.
I would really appreciate if anybody here could guide me. Why don't they reward the participants in crypto currency or their own token? Why use this term and not simple points?
Thanks
Stakes is the basis of your token allotment during bounty campaign. Also, the stake will determine how many token rewards you will receive once the bounty campaign will ends. It is the basis of your percentage of your token rewards based in the total allotment in bounty campaign.
Example of computation of stakes:
Total allotment in the bounty campaign is 100,000 token;
The total Participants in the bounty campaign is 10 Full Member;
Each 10 Full Member got of total stakes of 10;
Computation of total bounty rewards based on the stake
Participant: 10
Stake per Participants: 10
= 10 x 10
= 100
Total Stakes : 100
Then;
Total Bounty rewards : 100,000 tokens
Total Stakes : 100
=
100,000 token 100 Stakes
= 1,000 tokens per participants
Meaning Each 10 Full member will recieve 1,000 tokes rewards based on their 10 stakes alloted during bounty campaign.