@SeanAlimov I think it will be 6 days which equals 1 epoch, just my guess. Since all the slot leaders are selected at the beginning of each epoch, I assume all stakes would have to be in for slot leader selection.
I also think the stake will not be locked for too long since Ouroboros will use “dynamic proof of stake” as the DPOS. So I think once you place your bets, then a slot leader is selected, you can move your stake since it cannot be wagered twice (or delegated twice) during that same epoch since the slot leaders are all picked in advance. But again I am estimating based off what I read is incomplete or not fully understood by me. Hope this helps.
Whatever it is will be more than you get from holding Bitcoins!
I think a lot of people will be locking up a large amount of ada for staking. Going to be interesting to see it play out. I’m curious to see what happens around tax time as well.
Well whatever that is freshly minted in that pool, if 90% is staking, that means you dont really get any earnings at all. The only increased ada we get in terms of value, would be staking interest that comes from actual fees or if a low % of people are staking. Since the increase in the ADA supply will not increase the value of anyones holdings, just because the ADA amount went up… If we all got double the ADA amount tomorrow, it would make no difference… if we all got 10%… again, it would make no difference… The value stays the same… You only gain, if someone else loses when it comes to inflationary gains, now (fees) are different, but I assume that will be a very low chunk of it… Now if a low % of people stake, yeah you get a gain, and that gain is loss from the people not staking… We basically steal their purchasing power through inflation.
There is no way to print value out of thin air.
Of course this is news to most people here… Since this is the crypto-market…
Now what will eventually be a realistic interest rate with real earnings is the one based on fees only, but that will be very very low, I would assume lower than 1% eventually if the ADA network has to stay efficient. That is the interest for providing a service - but that fees comes from people using the network, so again, there is market price for that, who knows what that is as we are also competing with other networks, the market and the technology will set the price.
If the interest was 10%, 1% from fees and 9% from newly minted supply, and 50% of ADA is staked, the real gain is 5.5%… If 90% of ADA is staked its = 1.9% (and it would be much lower if 90% was staked, since 10% of the remaining ADA wont generate 1% in network fees, so the 1 interest from fees is overestimated)
So bottom line is, that the more people that stake, the less the earnings are, also because it diminishes the ADA that will actually use the network and generate fees - and that is how it should be, the market will then determine the right amount of supply to be staked.
Do anyone have some numbers from other projects that has staking? what are the common staking levels.
Perhaps if there are any surprises… I sold most of my ADA position yesterday 0.17, expecting to make a new low, Its very unlikely we will rally before a new low, and thats because bitcoin still hasn’t made its second low. The chances of Bitcoin being able to hold the 6000 is like 10%, so quite unlikely… When we hit a new low, there is a chance that we could hit a bottom.
I would have to say very minimally. Right now, Bitcoin and Ethereum are leading the pricing of the crypto markets. There needs to be a decoupling of ADA vs ETH vs BTC. Meaning that there needs to be more pairings of ADA vs Fiat on top of ADA being a base currency for exchanges. Until this happens, ADA will just be following the in footsteps.
Since we’re on the subject of staking;
I’m a little confused how staked is used to mint
I mean the literal process, if we were on the conveyor belt of the ground floor of the minting factory.
Can someone demystify it for me? In POW it’s pretty obvious, your computers processing power is used to solve equations that are basically the transactions on the network.
But with you don’t even need a computer so what is it? Is there something special about the lines of code that is ? Are they used to replicate like DNA ?
Sorry for all the silly questions is advance;
I really need to sit down with pencil and paper and just go over the paper as well as all the YouTube lectures.
I vow to dedicate 12 deliberate hours coming Sunday to master the subject that is !
@SeanAlimov oops, no, I did not explain that very well. I meant annually. I expect the staking percent to be 8 percent the first entire year, then 7, 6, 5, 4, 3 percent each year after that.
So if someone has 100K Ada then they would earn about 153 Ada per week during the first year.
I read a thread somewhere (probably Reddit) that claimed an 80% staking rate for one of the POS coins. I’m trying to find that thread or verify it though.
Well Its extra ada, I mean staking is just a small part of Cardano and really not what makes Cardano great at all, Staking is a necessity we need to run the network, we would be better off if we didn’t have to do this at all. But we need to, so yeah if you are sitting on ADA, you might aswell stake, but buy ADA for the sole purpose of staking, no thats not going to be worth it. Since the volatility is high, and the interest wont make up for it.
Just enjoy it as a extra little thing… Its really a minor part of all of this, again, Its not that we want to have staking, Its just that we need it.
Again staking is not some magic machine that can just dish out high yield for nothing…
Regarding your question about newly minted ADA… The system is not set up yet, but I assume they will mint new ADA for the staking rewards, since our max cap is 45 B Ada, so thats 20B ADA extra to be given away as staking rewards… To get things going.
Again yes, you need computer power, when you stake through a pool, if you are chosen you delegate the work to the the ones running the staking pool/node. They will mine the block. And then return some ADA to the pool, which includes you.
got on Coinbase also
is used to mint 
you don’t even need a computer so what is it? Is there something special about the lines of code that is 
?
!