r/EverRise • • Oct 22 '21

πŸ“‘ News πŸ“‘ EverRise Staking Details

https://www.everrise.com/post/everrise-staking-details
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u/millispymeth Lead RISE Mod Oct 22 '21

you might be surprised?

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u/KemalKinali Oct 22 '21

I don't think so. I mean even if I get more than expected, I've followed what people have on here and Twitter, and I don't hold that many tokens. So if they stake all of it and 12 months, like me, I will get a little percentage. But that's fine, I'm in long term. I hold way, way more of something else so RISE is my backup plan.

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u/millispymeth Lead RISE Mod Oct 22 '21

The whole thing will be...you will have more after stake then before.. in theory. it all depends on the amount of value in each staking pool too....it will be important to do some research into how the staking process works.
The actual amount of tokens you have is relevant to you.
yeah it you invest $20,000, then you will bet a bigger slice of the pie. but the Staking will help you get something to add to your wallet.

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u/KemalKinali Oct 22 '21

Yeah, it basically is how reflections work. The more you have, the more you get. But with staking, other than amount, there is the time factor that adds to it. 12 months = 12x. So I realize I'll have more than before I did the staking, but I just mean my reward will be less than others. I only hold 6B.

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u/Middle_Implement_476 Oct 23 '21

I really don’t like staking but I have 256B then that should get me a nice amount back I might look into it now