Questions from a PIVX nube (BTC hodler, and DASH MN owner) about cold staking.

[coqui33]

Assume that I fund 1000 PIV into an owner-addy, delegate it to a staker-addy (Allnodes, say), and it starts receiving rewards.

1. When a reward comes in, will the newly increased 1000+ PIV balance continue to earn additional rewards (after 101 confs), thus effectively compounding, without my doing anything further?

2. If I then send 500 additional PIVs to the same owner-addy: (A) will the new 1500+ PIV automatically start earning rewards (101 confs later), or (B) must I re-delegate the total, or (C) must I re-delegate just the added 500 PIV separately?

3. If I then withdraw 700 PIV from the stake (sending the change back to the owner-addy), will the reduced 800+ PIV balance automatically continue earning rewards or must I re-delegate the new balance?

 

[Buer]

You should have been answered on our Reddit:

https://www.reddit.com/r/pivx/comments/ex5v75/_/fh7j57z

The complete documentation can be found here: https://github.com/PIVX-Project/PIVX/wiki/ColdStaking - an explanatory youtube video is here:

and a hands on how-to is this: https://github.com/random-zebra/PIVX-Wiki/blob/master/User-Documentation/Cold-Staking-HowTo.md

 

[coqui33]

Yes, thank you.