From 4111de5cc96c7fbbd7bc5500f2e59e3a0f88d8de Mon Sep 17 00:00:00 2001 From: makeasnek <90811423+makeasnek@users.noreply.github.com> Date: Tue, 24 Oct 2023 21:25:51 -0700 Subject: [PATCH] Add info about MRC and claiming rewards --- guides/earn-grc.htm | 10 +++++++++- 1 file changed, 9 insertions(+), 1 deletion(-) diff --git a/guides/earn-grc.htm b/guides/earn-grc.htm index 1dc25552..7d17d261 100644 --- a/guides/earn-grc.htm +++ b/guides/earn-grc.htm @@ -141,7 +141,15 @@
2) Running the Wallet to Stake
o) Keep the wallet up to date as updates are released -
3) Bonus Step: Sidestake to Help Gridcoin's Development
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4) Claiming Your Rewards
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Your crunching will accrue rewards (shown as "pending reward" in wallet). This reward is based on a rolling average of your credit on BOINC projects called RAC (recent average credit), which means it will "ramp up" when you start crunching and "ramp down" when you stop. It will take approximately two weeks to reach your maximum average daily reward. There are two ways to claim your rewards: an MRC request or staking a block.

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  1. You can make an MRC request at most every two weeks (you must wait two weeks for your first request). The longer you wait between requests, the lower the fee will be. The fee funds development and pays a staker to stake a block for you. To make a request, click the purple hand icon.
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  2. You can stake a block. You will need approximately $60 USD worth of Gridcoin to stake on average once a month. Staking collects your rewards with no fees and you also collect fees from other transactions in the block you stake
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5) Bonus Step: Sidestake to Help Gridcoin's Development

Gridcoin has a fun feature called sidestaking which enables you to donate a portion of each stake you make to Gridcoin's development. This isn't required of course, but it helps us add new features and make sure more people can learn about Gridcoin!