BitBay Staking Calculator
With the tool below you can calculate your reward in $BAY coins for operating BITBAY nodes.
Amount of BAY you are staking:
BAY
How are you staking?
Variable rewards for dynamic peg:
- Frozen reserve - 20 coin reward
- Majority liquid - 5 coin reward
- Majority reserve - 10 coin reward
- Frozen liquid - 40 coin reward
Network Weight
Percentage of all users staking
%
Earnings per Year
0
Earnings per Month
0
Earnings per Day
0
Blocks won per Year
0
Details:
- Proof of Stake 3.0 (POS3)
- Coin supply: 1 billion
- Block time: 64 seconds
- Nominal stake interest: .5% to 2% annual
- Min transaction fee: 0.00005500
- Confirmations for approval (recommended): 10
- Confirmations for maturity: 120
Variable rewards for dynamic peg:
Input that is majority liquid - 5 coins
Input that is majority reserve - 10 coins
Input that is frozen reserve - 20 coins
Input that is frozen liquid - 40 coins
Frozen reserve timelock - 1 month
Frozen liquid timelock - 4 months
Effective Stake Interest:
The amount of stakes a user wins depends on how many users are trying to stake at once. If you are holding mostly frozen reserve then the reward is at 20 coins which averages at 1% when 100% of the network is staking. However since usually less than half of the network funds are staking then the rewards can be more frequent. For example, if 50% of the network is staking then it's logical to predict that you will get double the chance of a reward. However, there is no guarantee you will win stakes because it is random which inputs are selected. The stakers perform the service of protecting the network. Therefore the funds they get is in exchange for validating transactions in a block.