⚖️ What Is Stake Weight in LanaCoin?
Stake weight is a measure of how likely your wallet is to successfully create a new block in the LanaCoin network. It’s influenced by:
- Amount of LANA staked
- Coin age (how long the coins have been held without moving)
- Network difficulty and randomness
🧮 How Stake Weight Is Calculated
While the exact formula is embedded in the wallet’s staking algorithm, the general principle is:
Stake Weight = Coin Amount × Coin Age
- Coin Age starts accumulating after the minimum stake age of 7 hours.
- The longer you hold your coins without moving them, the higher your weight—up to a point where it levels off.
- Maximum stake age is unlimited, but the reward probability curve flattens over time.
🧠 Why It Matters
- Higher stake weight = higher chance of generating a block.
- If your wallet is online and unlocked for staking, it competes with others based on this weight.
- When your wallet wins, you receive:
- 1,000 LANA fixed reward
- 7% annual interest on the staked amount
📊 How to Check Your Stake Weight
In the LanaCoin desktop wallet:
- Go to the “Staking” tab or hover over the staking icon.
- You’ll see your current weight and the network weight.
- The ratio between the two gives you an idea of your chances.