RISE - A guide on how to keep track of your payout rewardssteemCreated with Sketch.

in #rise7 years ago (edited)

How to keep track of your payout rewards in RISE

Table of Contents

  1. Prologue
  2. Useful links to bookmark
  3. List of delegates and their respective payout sites

TL;DR: Go to part 3 to see the list of sites and calculation method

1. Prologue

A while ago, I wrote this article about how to "maximize your voting rewards profit in LISK" (link HERE!). Now, since the release of Python SDK last week, RISE has caught my attention again and I have decided to stack up my RISE and jumped into this potential coin.

Since there are quite a lot of articles out there showing you how to vote, I believe showing you HOW TO TRACK your payout is a better topic to focus on. So here are some results from my research.

Note: If you still wondering how to vote, here is a good article on steemit from @jeffblogs https://steemit.com/rise/@jeffblogs/how-to-vote-with-rise-to-earn-a-passive-income-with-dpos-delegated-proof-of-stake

2. Useful links to bookmark

DPOS Tools - RISE

I believe most of you know this website from vekexasia developer: https://dpostools.com/RISE

It can simulate how much RISE you would earn if you vote for those delegates in the list. Just type in your RISE address or the amount of RISE you have, then look at the MD - monthly dividends - to see how much you will get.

Official delegate proposals

This is from the official RISE VISION forum, if you truly want to contribute to the network, I highly recommend you to go to the delegate you want to vote and read their proposals!

Link: https://forum.rise.vision/category/5/delegates-proposals

3. List of delegates and their respective payout sites

Since the TOP 101 list is subjected to changes, I would only post some notable delegates here with their pages to help you track your payout. As far as I know there are 2 ways to calculate your payout:

a. Go to delegate's site and put in your address (if they have their official site). Here are the delegates with their sites:

b. Manual calculation method

If your delegate doesn't have his/her official website. You can do the calculation base on the info from https://dpostools.com/RISE. Even though it will not 100% accurate, this method will help you estimate the payout time. I will put an example here with delegate "trnpallypool" (currently rank 1 and I can't find his/her official page). The steps are:

  1. Type in your amount of RISE (no need for address) - or if you have already voted, just type in the address. Scroll down to see the "weighted" of your wallet. Here with the example, I use 1000 RISE:

  1. Navigate to https://explorer.rise.vision/, type in the delegate name, then scroll down to see through the transactions list. Here with delegate "trnpallypool", the link is https://explorer.rise.vision/address/18103881046813301656R

After scrolling through the transaction list, I can deduce that "trnpallypool" does daily payout (transactions happen around 4 - 6 PM UTC + 0 with minimum threshold at 2.8 - 3 / i believe 0.1 tx fee is counted in the payout so let's go with 3 RISE minimum)

So to calculate PAYOUT TIME for this example of 1000 RISE, we have

  • Monthly payout is 13 RISE
  • Take that divide by 30 days ==> we will have ~ 0.43 RISE/ day
  • Minimum threshold is 3 RISE ==> would take around 6.9 - 7 days for your first payment
  • Then you can add up your payout to your current RISE ==> 1000 + 3 = 1003 RISE and repeat the process. The next payout might come earlier since you have more RISE in your wallet now!

That's it. Hope you guys like it!

Donation Address - if you like this guide :). Thank you!

BTC

1GL9ZnLGu1zvTRPieXKMXURKLfrshtZv9

ETH

0xa2492f8263c3ec3b6e8cb8b4dc88f676eea19984

IOTA

UTUOSZWYWBQKZABVBPQRMDOSOJPGPVUWPPGFQFDTR9BUMOVNZHDVKOPOMWFDEQY9FHKAYBVTHYOLCWP9WIZDLDTBJX

LTC

LYpidHJmkk7fPeKKBtLUHmEnvh5sfr6QW8

BCH

16gRYgdTWnA7kKiUTTDoEHhkh5TmCULPGX

DOGE

D7VWpk1RHTemFSBeUrETAdXnE4rToNUMx6

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