Staking as easy as it can be!

DoYourTip
DoYourTip
Apr 26 · 2 min read

As previously announced we take one snapshot of the DYT holders one time every month to share a 1% bonus.

The snapshot will be taken at the last day of every month.

The first snapshot has been taken at 02.04.2020 (with two days of delay 😉). Every member who had 1000+ DYT at this snapshot can claim a 1% bonus at the next snapshot if he has increased the DYT balance.

This month the snapshot will be taken at 30.04.2020.

To be eligible to claim the 1% bonus you must hold a balance of at least 1000 DYT and increase this balance within the next month.

Here is an example:

MemberX did not have 1000 DYT at 02.04.2020. Therefore he can't claim a 1% bonus at 30.04.2020 although his balance is 1577 DYT at 30.04.2020.

But his balance of 1577 DYT is good to go to be part of the 30.04.2020 snapshot! When the next snapshot will be taken at 31.05.2020 MemberX can claim a 1% bonus if he has increased the balance by at least one DYT. That’s 1578 DYT overall balance in this case. The bonus will be 15,78 DYT.

If MemberX increases the balance on his wallet to 5000 DYT the bonus will be 50 DYT. 1%. Easy! And there are no limits! 🙂

More examples:

Snapshot 1: 1000 DYT
Snapshot 2: 1500 DYT
+Bonus 15 DYT
Snapshot 3: 3000 DYT
+Bonus 30 DYT

Snapshot 1: 500 DYT
Snapshot 2: 1500 DYT
Snapshot 3: 3000 DYT
+Bonus 30 DYT

Snapshot 1: 500 DYT
Snapshot 2: 800 DYT
Snapshot 3: 5000 DYT
Bonus possible at Snapshot 4

Snapshot 1: 5000 DYT
Snapshot 2: 5001 DYT
+Bonus 50,01 DYT
Snapshot 3: 20000 DYT
+Bonus 200 DYT

Snapshot 1: 8000 DYT
Snapshot 2: 7000 DYT
Didn’t increase balance.
Snapshot 3: 7500 DYT
+Bonus 75 DYT

Stay awesome! Keep tipping!

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