In this guide, we will explain various useful VaultWatch features and provide instructions on how to utilize them.
Let's go to the web page https://vaultwatch.eu/
To locate your desired coin, simply enter its name into the search bar. For the purpose of this tutorial, we will use SAPP as our demonstration coin.
Click on the coin's name to go to the next page
Once this is done, we can see the basic information of the coin (e.g. links and some technical details) as shown in the image below:
We will focus on staking and show you the main tools offered by VaultWatch.
Profit Calculator
Staking Information
Best Staking Addresses
Profit Calculator
The profit calculator provides an estimate of the rewards you can anticipate based on a specified amount of coins (this statistic is not 100% guaranteed as the blockchain is a dynamic system in which the factors change constantly).
As shown in the image below, we have input a value of 30 000 SAPP:
Stake, not compounding: expected returns on a daily, weekly, monthly, and annual basis without restaking our rewards.
Stake, compounding: expected returns on a daily, weekly, monthly, and annual basis restaking our rewards.
In masternode (collateral 200000): Comparison between our staking rewards and the rewards of a masternode.
In shared masternode (fee 6%): Comparison between our staking rewards and an investment in a shared masternode.
At the time of writing this guide, a staking reward is equivalent to 280 SAPP, while the daily rewards table is approximately 66 SAPP.
This means an average of about 0.24 rewards per day.
Staking Information
Average input size: The average amount of coins per input in the network
Average input weight: The average age of inputs
The age of the inputs for the DECENOMY coins is not a factor that affects the probability of receiving a reward. The only determining factor is the size of an input.
As we have seen in the guide Staking Best Practices it can be useful to change the value of setstakesplitthreshold to avoid having a too large quantity of coins in an immature state (100 confirmations).
Apparently, all our coins, after receiving the first reward, will not be available for staking for about 100 minutes.
Best Staking Addresses
In this last section, we see the same statistics as before, but referring to the individual addresses of the largest active stakers on the network.
We can therefore use an average input size value as a reference value for the setstakesplitthreshold
in our wallet, from the debug console.
Alternatively, you can adjust the stake split threshold value from your wallet's interface. Navigate to 'Settings,' then 'Options,' and select 'Wallet.'
Within the wallet section, you will find the option to manually input the desired value. Remember to save your changes once you are finished.
After a while we will see that the coins in an immature state will be about 3400 SAPP, leaving the rest of the balance free.
As seen in the image below, only a small portion of our coins are immature. This allows us the potential for a slight increase in rewards.