How to use Search staking ?
Introducing Search Staking in https://account.presearch.com/tokens/update-search-stake
Last updated
Introducing Search Staking in https://account.presearch.com/tokens/update-search-stake
Last updated
How it works By default all users receive 0.01 PRE per search, up to 25 searches per day.
This lower value of rewards significantly reduces the incentive to try to game the rewards system, while still providing users with a taste of how rewards work.
For those looking to earn increased rewards, there is now the ability to add a search stake to your account, which commits your tokens to the platform while you retain full ownership of your $PRE.
As long as you are staking, your rewards will be increased using the following formula:
The formula was originally set at 1/50,000, but was updated on Friday, September 15th to a range between 1/25,000 and 1/100,000, with the incentive being weighted to reward those staking in the lower ranges (between 1,000 and 25,000 PRE) more heavily.
Examples of rewards under this formula:
1,000 PRE = 0.04 PRE/search
2,500 PRE = 0.07 PRE/search
5,000 PRE = 0.11 PRE/search
10,000 PRE = 0.19 PRE/search
15,000 PRE = 0.26 PRE/search
20,000 PRE = 0.32 PRE/search
25,000 PRE = 0.38 PRE/search
50,000 PRE = 0.68 PRE/search
75,000 PRE = 0.97 PRE/search
100,000 PRE = 1.24 PRE/search
250,000 PRE = 2.85 PRE/search
500,000 PRE = 5.43 PRE/search
750,000 PRE = 7.97 PRE/search
1,000,000 PRE = 10.49 PRE/search
1,500,000 PRE = 15.49 PRE/search
2,000,000 PRE = 20.46 PRE/search
2,500,000 PRE = 25.41 PRE/search
3,000,000 PRE = 30.34 PRE/search
3,500,000 PRE = 35.27 PRE/search
4,000,000 PRE = 40.18 PRE/search
4,500,000 PRE = 45.09 PRE/search
5,000,000 PRE = 49.99 PRE/search
