The second month will feature a 90% payout and a lottery for 600 ark. In order to quality for this lottery you must have been a voter for at least two weeks before the end of the second month.
Example: If Forging Starts on June 25th 100% Payout Last Until July 25th Eligibility for Lottery Ends on August 11th.
I intend to run lotteries and giveaways for voters.
Hello biz community. Since the Ark delegate biz was able to get into the top 51 thanks to you all, I wish to extend my delegate proposal as well. My delegate name is hidden.
I do not intend to take voters away from biz. Instead I am offering the same 100% profit sharing for a month from the date I start forging. This proposal is for new ark voters but can help current voters of biz who have a large amount of ark.
biz has a little over a million votes. The more votes a delegate has the less each voter will earn because the total pool of votes is larger. Current voters of biz could split their ark into another address and vote for a me while earning more. How?
I wish to cap my delegate at 900,000 votes. This could change though if we are in jeopardy of exiting the top 51.
This cap will allow voters to earn more because the pool is smaller, so each voter holds a larger percent of the pool versus pools over 1 million votes.
This pool will be 100% profit sharing for the first month from the start of forging. It will then change to a 90% profit sharing pool once the month is complete.
If you are interested in joining or have any question, im available on the ark slack @hidden671, you can message me on the ark forums, or respond to this thread.
This is actually what I was hoping someone would do once the biz pool achieved its goal...
We need biz delegates in ALL 51 spots ideally.
You have my vote and 21k ARK.
Liam Cook
so what do i do if i have 80 ark and joined when Veeky Forums was at 52
Andrew Sanchez
Will spend 1k on Ark and vote on the Biz delegate if someone pays for my voting and transfer fees.
Jayden Morris
Thanks! That's the goal. We still need quite a bit more ark/votes until we can get into the top 51.
I would stay with biz if you voted for him. 80 ark isnt enough to split to earn more rewards.
Come of guys lefts get this delegate to the top 51. Thanks for the support.
Nolan Williams
> I wish to cap my delegate at 900,000 votes.
How does that work? Can you actually cap it or you just mean you'll stop advertising it once it gets to that number and hope no one else joins?
Juan Rogers
I'm so glad to be a part of this. Love you /bizbros/ & /bizsis'/.
Sometimes great things come from this board and this is one of them.
We strap up together with our own delegate and ride this rocket over the next couple of years and our lives will change.
Noah Moore
if I have already voted and want to add more ark to my wallet, does this increase my stake?
Camden Stewart
yes automatically
Wyatt Sanders
I would stop advertising that the pool is closed. I can even blacklist addresses that vote once the 900k was achieved so that no payments is split with them.
Logan Lewis
I meant stop advertising, and let people know the pool is closed. It will only reopen if the pool drops close to rank 51 or below.
Colton Martin
If you mean vote for me since the delegate biz is already in the top 51, the fee for voting is only one ark. Also sending ark from the exchange to the wallet is .1 ark.
Did you mean other fees?
Nolan Peterson
What advantage do you have over the "biz" guy?
Adrian Bell
> the pool is closed
haaaaaa haaaaaaaaaaaaaaaaaa
dats a /b/ meme ay lmao
Nathan Young
the more people/ARK that get added to a delegate pool, the less the reward payouts are.
If instead of voting for the biz delegate, you voted for this new delegate, you would actually be doing EVERYONE a favor, including yourself.
around 400 ARK ($600+) is the bare minimum for receiving less than $0,1 in ARK
Carson Murphy
Ark is on discount right now so 400 ark is less then $400.
$.067 right now
Blake Johnson
Ark moon mission incoming
Lincoln Baker
will i receive more ARK, if the Balance in my wallet increases after the vote?
Ayden Bennett
Yis
Brandon Price
yes
Levi Bennett
thanks, just bought 500 more and am now voting with 1500!
David Brown
Can someone give me a quick rundown on the pool? If I stake my 300 Ark, how much will I actually earn in dividends, and how often?
Thanks
Jeremiah Lee
Let keeps this going guys!
We have roughly 34,327 in votes. I made this proposal 2 days ago.
We need a total of 796,282 votes to enter the 51st spot. We should aim higher though to secure our footing within the top 51.
Please remember that rewards/profit sharing cannot start until we enter the top 51 and start forging. Delegates under 51 don't forge or earn anything.
Current rank is 61.
Thanks for the support!
Ethan Powell
Aren't you mixing up Votes and Ark, mate?
The number of votes is the total number of people pledging to the delegate, the Ark that they're pledging is the 796,000 number.
Christian Foster
Bro, you have no clue what you are doing or how this even works.
Rank is not determined by the number of votes, but by how much ark your voters are holding.
Good look getting 800k ark again from Veeky Forums
Michael Barnes
Guys I said votes. 1 Ark = 1 Vote Not voters. They are the same thing.
Nathan Barnes
The biz pool already has 1 million ark in it. Seeing as your share of ark per month is a proportion of the ark you hold relative to the ark in the pool, you're better off in a smaller pool.
Juan Wood
Retard, learn to read. It does not matter how many votes you have. All that matters is the amount of ark that your voters have in their wallets.
Do you really think that 800k people voted voted for Veeky Forums? If there was that many ark holders ark would be mooning already. No. Their total amount in their wallets is bigger than 800k, which is what placed them in the top ranks, not the number of votes.
Thomas Foster
Did you read what I said? I Agreed. I said votes not votes. A person with 8k ark has 8k votes. How do you not know the difference between votes and voters?
Nathaniel Morales
Edit*
Votes not voters.
Jack Cruz
I think you're mixing up the terms mate.
1 Vote costs 1 ark yes, but you don't need 790,000+ of THOSE to get up the ranking do you. 1 Vote = 1 person voting.
You could do that with ONE vote, from someone who has 700,000 in their wallet. This is likely what's confusing people.
You don't need "votes", you need Ark.
It's probably actually better to have fewer "votes", as the forged Ark is spread around less people.
Angel Gray
How do I join this pool? I pulled out of ETH at 400 which I bought for 20, and want to throw in around 5k ARK.
Isaiah Moore
What the fuck happened to ARK? last week I was $400 in profit now I'm down to under $100
Ian Peterson
Ive had ark in my bittrex wallet since yesterday how do i participate in this vote? Total newfag here
Sebastian Sullivan
you have my vote and 62 ARK I am a peasant.
Angel Sullivan
Time to buy today. This is the lowest it's ever going to go
Angel Cox
thats what happens with hype. And this and mostly every other crypto does something similar, its because they are so new, and not fully implemented like they plan to be so its speculation
Austin Cook
where to buy ARK? I want to go to the moon.
Caleb Robinson
I'm new to crypto currency and wish to farm crypto coins by starting with Ark. Can someone point me in some reading materials?
Christopher Thomas
read the white paper, check the site ark.io
bittrex
Ethan Collins
How to buy with USD if im a nocoin pleb?
Oliver Adams
buy eth/btc/xrp on kraken or a different exchange with fiat, send to bittrex, exchange to btc, buy ark.
I recommend not using bitcoin to transfer to bittrex though because bitcoin transfers take forever.
If you aren't cetrified on kraken yet it will take a while too, there may be better options for you, but i dont know which.
Ian Gutierrez
This is a good idea OP. Will keep an eye out and join you when cuckbase transfers go through
Jason Phillips
Voted :)
Isaiah Baker
Can you convert btc/crypto to fiat right on Kraken? How do you turn it into physical money if you need cash.
Currently pending registration on Kraken btw.
Isaac Sanchez
yes you can convert btc, eth and XRP to fiat on kraken and wire it to your bank acc. You need to provide ID however for that
Dylan Allen
Thanks for answering my noob questions. Will be sure to jump on the delegate train soon if I'm verified before it takes off.
David Wilson
Can someone explain the payout to me? So I vote 1 ARK and my payout would be 1 ARK in July and 90% of that in August?
Adam Stewart
your payout is as follows
422 * delegate payout percentage * (amount of ark in your wallet / amount of ark among all wallets that voted for the delegate) per day, minus 0.1 ark transaction fee.
The biz delegate pays out weekly, meaning take the number above and multiply it by 7
Leo Scott
guys i'm kinda new to crypto, i just used it once to buy some stuff with BTC, i see that now that i've created a wallet a passphrase has also been generated. Does this mean that even if my PC explodes one day, i'll be able to recover my account by opening the ARK client in another PC and inserting said passphrase?
Anthony Flores
I have 150 ARK and around 40 dollars in bitcoin, keeping it all in Bittrex at the moment so should i move it over to my ARK wallet? I want to move 1 ark just so i can vote for biz
Evan Thompson
okay i donloaded the wallet what do i sleep next. i am too sleppy? to read anything link if you will
Cooper Green
yes, just save your passphrase on google drive/keep
Carson King
Can anyone give? Just a little
AQFUxnFxdBh69NrS5fjychnUTK6UFEwZw9
Christopher Turner
Still new to this, what does the striped cloud mean? Also someone willing to give a little still waiting for my exchange accounts to become verified.
AcUDXymQu4D9AJYKH1avdF1gfvYBodTugz
Adrian Hill
Fuck off, pathetic low income losers.We dont want stupid, worthless shitters like you.
Jaxson Turner
When exactly does this start?
Camden Long
whoops i was an eager mcbeaver and didnt read everything in the OP, best of luck to you guys! other biz delegate guys had an absolute blast getting biz to where it is now!
Brody Murphy
Who am I voting for? Have 1k
Jaxson Collins
voted
Aaron Ross
Will you do like the scammer known as magnet and never reveal until the very end that you're only paying people who spend over $3k on ark?
Oliver Barnes
delegate name is hidden
Colton Gonzalez
On Monday I had 20k staked in biz. On Tuesday I bought 17k more at the dip then put into the same wallet as the 20k that's voting for biz. Is that new 17 automatically voting for biz too?
Jackson Martinez
yes
William Edwards
I would pay all delegates. I will most likely change payouts to weekly because fees will hurt voters with lower amounts of ark.
The devs/delegates are already discussing lowering the fees for sending ark.
Nathaniel Harris
>the pool is closed
Jayden Edwards
This is a lie, people with lower amounts are still being paid, just people with too low of an amount(and we're talking less than $500 here) didn't receive the first payment because tx fee would have been more than it.
Ryder Miller
Where do we expect ARK to land? $20?
Nathaniel Ward
Nice try paid shill. Meanwhile in real life the ledge doesn't lie.
Weekly is not good enough. There are several ways to mitigate the issue, from using part of the profit to cover transaction fees to cumulative balances.
Luke Brooks
You're right, it doesn't and if the explorer was not down currently I could prove just how full of shit you are.
