How To Stake Your PotCoins & Earn
Benefits of Staking:
- Before your coins begin staking they must be held for about 8 hours in the QT wallet. Every time you send coins to another address, the 8 hour coin age resets.
- Once your coins have staked, they will be “locked” for 240 blocks until they can be spent or staked again.
- Once your wallet has been unlocked and is staking, it will continue to automatically stake your coins unless you lock your wallet.
How to Stake:
Reserving a balance (Advanced Feature):
It is possible to “reserve” a balance in your desktop QT wallet. Reserving a balance will allow you to spend those “reserved” coins while your wallet is staking. In order to reserve a balance, open your QT wallet and open the Console. The console can be found by clicking the help menu, then the ‘debug info’ tab and you will see the option to open the “CONSOLE”.
Type the following command in the console and replace “X” with the number of coins you wish to RESERVE:
reservebalance true X
Type the following command in the console to remove the RESERVE balance: