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What is Stakepool?
With Stakepool you can earn bonus staking rewards by predicting the future tez price range in USD value. You win if you correctly predict the tez price range at the completion of the 2 cycles that come after the cycle in which you placed your bet. All baking rewards accrued in the smart contract are distributed among the winners as weighted averages of the total staked amount. If your prediction is wrong, your staked tez is returned but you miss out on your staking rewards for the respective cycles.
Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.