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Acquaintance
There are 6 levels of Staking in We Share Abundance and these are called Pools and numbered from 1 to 6. Pools must be staked in order and to be valid must have active Stakes in lower Pools.
Example: To Stake Pool 2 you must have an active Stake in Pool 1 AND if Pool 1 Stake expires and Pool 2 Stake still has days left then Pool 2 will be suspended until Pool 1 is reStaked.
All Stakes are made using WESA Tokens and are normally for a duration of 30 days rewards; the exception is your First Stake Benefit which is explained below.
Rewards are paid each day you log in and need not be consecutive but most members log in daily to gain their benefits in the fastest possible time. However, if for any reason you do not log in or receive a reward your number of days remaining will not decrease and so you will always be able to receive the promised return on your stake.
The maximum Stake allowed by any new member is $100 value in WESA Tokens; this is achieved by staking all 6 Pools and by doing that you will receive the title of Elite Member.
Secondary Staking in $100 units will be allowed for Power of One qualified members in the near future.
The minimum Stake is $2 value in WESA Tokens for Pool 1.
Staking is NOT required to receive rewards and benefits in We Share Abundance but it will greatly enhance your minimum income and income potential.
Staking a Pool will return you a basic 50% profit on the amount Staked over the contract period of 30 active days (active being a day in which you logged into your account and received the reward for that day).
Pool 1 has a Stake Value of $2 Wesa Tokens and rewards you 10 cents each day you log in for 30 days making a total of $3.00 which includes your return of stake and a 50% profit.
Pool 2 has a Stake Value of $3 Wesa Tokens and rewards you 15 cents each day you log in for 30 days making a total of $4.50 which includes your return of stake and a 50% profit.
Pool 3 has a Stake Value of $5 Wesa Tokens and rewards you 25 cents each day you log in for 30 days making a total of $7.50 which includes your return of stake and a 50% profit.
Pool 4 has a Stake Value of $10 Wesa Tokens and rewards you 50 cents each day you log in for 30 days making a total of $15.00 which includes your return of stake and a 50% profit.
Pool 5 has a Stake Value of $20 Wesa Tokens and rewards you $1.00 each day you log in for 30 days making a total of $30.00 which includes your return of stake and a 50% profit.
Pool 6 has a Stake Value of $60 Wesa Tokens and rewards you $3.00 each day you log in for 30 days making a total of $90.00 which includes your return of stake and a 50% profit.
First Stake Benefit
The first time a member Stakes a Pool he is given a preferential reward plan that ensures he can earn rewards of a minimum 150% of the total value of his Stakes by the end of the current month as follows....
First Stakes can only be placed on one day of the month
First Stakes can be for just one Pool or for the maximum of 6 Pools or any number in between as chosen
First Stakes can only happen once per member
First Stakes have variable lengths depending on the day the Stake is made. The maximum number of days will be 30 and the minimum number of days is one. This is calculated based on the number of days remaining in the month when the Stake is made.
Examples:
Stake on 1st day of a 31 day month and the length of the Stake will be 30 days as there are 30 days left in the month and the rewards will be150% of the total Stake value/30 per day. Stake $100 WESA; 30 days at $5 = $150 total rewards by the end of the month.
Stake on 1st day of a 30 day month and the length of the Stake will be 29 days as there are 29 days left in the month and the rewards will be
150% of the total Stake value/29 per day. Stake $100 WESA; 29 days at $5.1724 = $150 total rewards by the end of the month.
Stake on 1st day of a 28 day month and the length of the Stake will be 27 days as there are 27 days left in the month and the rewards will be
150% of the total Stake value/27 per day. Stake $100 WESA; 27 days at $5.5556 = $150 total rewards by the end of the month.
If at the time of Staking there were only 15 days the rewards will be 150% of the total Stake value/15. Stake $100 WESA for ($150/15) $10 a day rewards; 15 days at $10 = $150 total rewards by the end of the month.
If at the time of Staking there were only 10 days the rewards will be 150% of the total Stake value/10 per day. Stake $100 WESA for ($150/10) $15 a day rewards; 10 days at $15 = $150 total rewards by the end of the month.
You can see that the rewards increase as the available days decrease always ensuring a 150% return on the value of the Stake provided the member logs in each day and reads any messages in his inbox.First Stakes mean that no matter when a member places a Stake he will always be able to earn rewards of 150% the total value Staked by the end of the month (whether there are 30 days remaining or just one day remaining) and so have that value transferred to his WESA Wallet enabling him to reStake at the same level while retaining a minimum 50% profit.
Until a first Stake has expired no additional Stakes can be placed and so it is wise to stake all your desired Pools at the same time on the same day. If a member takes advantage of the Action Takers cash back reward and Stakes all Pools within 48 hours of email verification then a $100 Stake is just $75 net and will provide $150 by the end of the month for a 100% profit. However, we never recommend borrowing money to make Stakes or using money that should be set aside for essential bills etc.
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Waves Wallet
Before you can withdrawal you will need to pass the KYC Verfication first wherein you will be able to withdraw up to $150 for Lvl 1 KYC(ID Verification) and more than $150 for a Lvl 2 KYC(Address Verification)
Each WESA in your Available Balance will be converted into BTC after your withdrawal has been processed for about 48 hours at most
Each WESA in your Available Balance will be converted into BTC after your withdrawal has been processed for about 48 hours at most