What is Proof of Stake with BEER ?

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Hey Steeminas, dear BEER lovers

Some Steemians where asking again and again what the Proof of Stake function does and how it works with the BEER token?

Due this reason I wrote all this...


Howto earn with
Proof of Stake
and the BEER token

After the crowdfunding for BEER we have so many people using it each day. But lately many Steemians where asking me again

What is my bonus whenever I stake some BEER

What is Proof of Stake with BEER.png

This post will explain this function and even more, you will see that this generates you a passive income by BEER each day.

Even better, if more people stake BEER we all get more BEER each hour.


First - Stake some BEER

Whenever you get some BEER at the Steem Engine you will be able use it for different reasons. Some people stake as much as possible, to call several times a day the beerliver@beerliver bot to give away a little bit of BEER to others.


First - Login to Steem Engine

Simply use KeyChain or just by your username and posting key.
Steem Engine  login.png

Look to the market

After a click to your wallet, you see a list of token you own. Choose the BEER token for the naxt steps.

Steem Engine  token market.png

Simply hit the button and buy or sell your tokens on the dialog your see from the Steem Engine.


Buy and sell

Today the market looks like this and it means that there is a lot BEER available

image.png

You may trade a few BEER token in any direction.


How to stake BEER

Steem Engine  stake.png

This is simple as you just have to hit the little look. Means you look up some of the BEER you own. Or with other words, you transport some liquid BEER from your fridge / wallet into your cellar where you store it for later use.


Stake dialog

There will be a box that shows your balance and you may enter any amount less or equal to that value

Steem Engine  stake beer.png

Here you see that the user beerbank@beerbank will stake now 80 BEER


Than the magic happens

Each hour and every day there is a random system that gives away to all Steemians who staked some BEER some more BEER.

Means, by doing absolutely nothing, you get more BEER

The actual setting has each hour a reward pool with

6 BEER * percentage of STAKED BEER

And as you see with some of the @BeerLover posts, we are now with a value 61% of totally staked BEER. See more here and understand why the BeerLover report show this numbers.


How to get your rewards

Another often asked question but here you need to be active an may find a surprice

Steem Engine  reward.png

Whenever you are logged into the Steem Engine, you have this dialog underneath your name.

Click to the Rewards and see which tokens may send you some rewards wich you have to claim.

YES, for some reason you have to do this manually and whenever you do this the first time, there might be a little value hanging around. If so, feel free to let us know by posting a picture or just your surprise.

Claim automatically

There are some services where you can login with your active key or again with the Keychain, to collect all this rewards into you liquid wallet.
The TravelFeed.io offers this but if you are not a travel blogger, there might be others.


How do you see that you get something?

Actual, this is one of the most answered question from Steemians. But the answer is simple.

Look to your transactions

Steem Engine  transactions.png

Just again click on the marked icon and follow the dialog. You will get a list of all your transactions on the Steem Engine with the relevant token.


Example of transactions

Steem Engine  beerlover rewards.png

Line 1

shows that somebody used the BeerLover to send me a sip of beer

Line 2, 3 and 4

shows that I got some BEER from beerlover@beerlover from the Proof of Stake function.


Now what?

Decide yourself if you like to get every day get some more BEER without doing anything.

Even better,

the more people do this, the higher the value of BEER might go.


Stay tuned for more information

The team behind this - mainly fun and community orientated - token is working on some tools and will be ready soon.



Anyway,
if you like fun and beer and blockchain,
have a look to the BEER token


Calling beery friends

All this lovely Steemians - who own some BEER - might like to get this information to be able to explain Proof of Stake to others....

johannpiber@johannpiber solarwarrior@solarwarrior rondras@rondras condeas@condeas jaydih@jaydih uwelang@uwelang ibc@ibc isdev@isdev nicniezgrublem@nicniezgrublem edkarnie@edkarnie reiseamateur@reiseamateur mad-runner@mad-runner abitcoinskeptic@abitcoinskeptic eii@eii isnochys@isnochys mcoinz79@mcoinz79 saboin@saboin amico@amico ciuoto@ciuoto rentmoney@rentmoney roger.remix@roger.remix tomhall@tomhall axeman@axeman victor-alexander@victor-alexander schlees@schlees ervin-lemark@ervin-lemark kryptodenno@kryptodenno dera123@dera123 muelli@muelli investinthefutur@investinthefutur pjansen@pjansen tattoodjay@tattoodjay depot69@depot69 rynow@rynow steem-eng@steem-eng curationhelper@curationhelper gerber@gerber seckorama@seckorama ben4ever@ben4ever ben2ben@ben2ben browery@browery balte@balte jeanpi1908@jeanpi1908 mermaidvampire@mermaidvampire jlsplatts@jlsplatts ruhrsearch@ruhrsearch kadna@kadna zekepickleman@zekepickleman bucipuci@bucipuci tinamarr@tinamarr cadawg@cadawg pixresteemer@pixresteemer lotto-austria@lotto-austria bitandi@bitandi mhm-philippines@mhm-philippines achimmertens@achimmertens definethedollar@definethedollar dylanhobalart@dylanhobalart elikast@elikast fedesox@fedesox joanstewart@joanstewart maruskina@maruskina libertycrypto27@libertycrypto27 janton@janton crypticat@crypticat city-of-dresden@city-of-dresden iven@iven criticalthinkin@criticalthinkin pab.ink@pab.ink wwwiebe@wwwiebe jjprac@jjprac elizacheng@elizacheng whatsup@whatsup kirstin@kirstin meins0815@meins0815 barmbo@barmbo muscara@muscara steevc@steevc jeffjagoe@jeffjagoe pundito@pundito bitpizza@bitpizza steemrentetoken@steemrentetoken mkt@mkt misan@misan riczuniform@riczuniform exyle@exyle dreimaldad@dreimaldad broxi@broxi olivia08@olivia08 crimo@crimo plankton.token@plankton.token foodfightfriday@foodfightfriday freebornangel@freebornangel vanessav@vanessav aggroed@aggroed tiblog@tiblog donald.porter@donald.porter bashadow@bashadow cloudblade@cloudblade yuriitonkov@yuriitonkov reggaemuffin@reggaemuffin yabapmatt@yabapmatt beers@beers harveyword@harveyword beerchaintech@beerchaintech beer@beer fedesh@fedesh applecrisp@applecrisp wakeupkitty@wakeupkitty pixelfan@pixelfan chriddi@chriddi curationvoter@curationvoter robibasa@robibasa joanawatts@joanawatts bluerobo@bluerobo otom@otom blue.rabbit@blue.rabbit kus-knee@kus-knee borran@borran mittwochsquickie@mittwochsquickie beerbank@beerbank amico.sports@amico.sports duranzo89@duranzo89 weedcash.rewards@weedcash.rewards rollie1212@rollie1212 backinblackdevil@backinblackdevil benedict08@benedict08 investyourvote@investyourvote lordvdr@lordvdr dotwin1981@dotwin1981 petrvl@petrvl davedickeyyall@davedickeyyall pixelworld@pixelworld forykw@forykw fishyculture@fishyculture altobee@altobee claudio83@claudio83 cryptictruth@cryptictruth transom@transom palnetvoter@palnetvoter immanuel94@immanuel94 gaich@gaich tggr@tggr spurisna@spurisna phoenixwren@phoenixwren melinda010100@melinda010100 amico.photo@amico.photo filosof103@filosof103 rentenbot@rentenbot hans001@hans001 isarmoewe@isarmoewe revisesociology@revisesociology musicvoter2@musicvoter2 xlisto@xlisto godfish@godfish alexvan@alexvan porcocane@porcocane crypto-pixie@crypto-pixie simplymike@simplymike chrismadcboy2016@chrismadcboy2016 enm1@enm1 cryptospa@cryptospa der-prophet@der-prophet cervisia@cervisia wpblogger-de@wpblogger-de shasta@shasta armandosodano@armandosodano desyfit@desyfit uruguru@uruguru augustimo@augustimo miti@miti felander@felander feuerelfe@feuerelfe artmentor@artmentor toofasteddie@toofasteddie handofzara@handofzara miketr@miketr skramatters@skramatters brittandjosie@brittandjosie qwerrie@qwerrie hairyfairy@hairyfairy alenox@alenox arcange@arcange dmilliz@dmilliz amico.tunes@amico.tunes amico.pal@amico.pal flaxz@flaxz jedigeiss@jedigeiss happyphoenix@happyphoenix siphon@siphon fullcoverbetting@fullcoverbetting sportfrei@sportfrei bethvalverde@bethvalverde sparstrumpf@sparstrumpf theturtleproject@theturtleproject rullicky@rullicky zockerpeine@zockerpeine unsuwe@unsuwe cflclosers@cflclosers jluvs2fly@jluvs2fly gallya@gallya moncia90@moncia90 actifit-peter@actifit-peter verhp11@verhp11 canna-collective@canna-collective kissi@kissi braaiboy@braaiboy preparedwombat@preparedwombat jamethiel@jamethiel karinxxl@karinxxl manniman@manniman gimba@gimba quekery@quekery exhaust@exhaust psionic-tremors@psionic-tremors crimcrim@crimcrim russia-btc@russia-btc cryptobrewmaster@cryptobrewmaster powerpaul@powerpaul j85063@j85063 lightcaptured@lightcaptured abh12345@abh12345 thomasthewolf@thomasthewolf astrophoto.kevin@astrophoto.kevin arunava@arunava huntforsteem@huntforsteem buggedout@buggedout smyle@smyle c3r34lk1ll3r@c3r34lk1ll3r dexpartacus@dexpartacus banjo@banjo saun@saun quinneaker@quinneaker g10a@g10a schamangerbert@schamangerbert emrebeyler@emrebeyler summertooth@summertooth philippekiene@philippekiene indextrader24@indextrader24 jkv@jkv bodie7@bodie7 bonp@bonp splatz@splatz minimining@minimining primersion@primersion steem-bootcamp@steem-bootcamp atomcollector@atomcollector kieny@kieny steemrente@steemrente louis88@louis88 xstern93@xstern93 oldtimer@oldtimer dandays@dandays curation.neo@curation.neo kanrat@kanrat nerdtopiade@nerdtopiade chroniccoin@chroniccoin womic@womic umuk@umuk elotro@elotro tijntje@tijntje spiceboyz@spiceboyz tokenindustry@tokenindustry syalla@syalla johnboywalton@johnboywalton mundharmonika@mundharmonika rossfletcher@rossfletcher udabeu@udabeu shoemanchu@shoemanchu nakedverse@nakedverse shanibeer@shanibeer tangmo@tangmo jurich60@jurich60 meeplecomposer@meeplecomposer steemexplorers@steemexplorers nodex@nodex rivalzzz@rivalzzz iamraincrystal@iamraincrystal tazi@tazi jonyoudyer@jonyoudyer kristin@kristin geiwoyibeipijiu@geiwoyibeipijiu daddygarsha@daddygarsha vittoriozuccala@vittoriozuccala musicvoter@musicvoter slobberchops@slobberchops cultus-forex@cultus-forex haegar85@haegar85 chruuselbeeri@chruuselbeeri darrenfj@darrenfj ayjoe@ayjoe philfreetotravel@philfreetotravel dswigle@dswigle stuffbyspencer@stuffbyspencer traciyork@traciyork wenchebakken@wenchebakken cindyhartz@cindyhartz hmayak@hmayak ronaldoavelino@ronaldoavelino teo93@teo93 shadowmask@shadowmask stever82@stever82 chunkysoupsvc@chunkysoupsvc amico.ccc@amico.ccc monsterbuster@monsterbuster bambuka@bambuka davidesimoncini@davidesimoncini ali-h@ali-h miroslavrc@miroslavrc sportcheck@sportcheck


Enjoy the BEER token


CHEERS
UPVOTE
FOLLOW
ENGAGE


Your thirsty @BeerLover


What is Proof of Stake with BEER ? | Ecency