The $ORACLE requirement

The $ORACLE requirement

To stake, a wallet holds a minimum amount of $ORACLE. The minimum falls as the market cap of $ORACLE grows.

The requirement keeps staking for people who hold $ORACLE, and it gets easier to meet as $ORACLE grows. Right now it is 5,000,000 $ORACLE.

The formula

requirement = 5,000,000 x sqrt(100,000 / market cap in USD)

never more than 5,000,000
never less than   250,000

At a market cap of $100,000 or less the requirement is 5,000,000 $ORACLE. Above that it falls on a smooth curve, and it reaches its floor of 250,000 at $40 million. The result is rounded up to a whole $ORACLE.

The numbers

$ORACLE market capHold at least
$100K or less5,000,000
$250K3,162,278
$500K2,236,068
$1M1,581,139
$5M707,107
$10M500,000
$40M and up250,000

The market cap it uses

The site reads the market cap of $ORACLE every ten minutes and uses the average of the readings from the last hour. A quick spike or dip barely moves the requirement; a move that lasts does.

It moves both ways

The requirement follows the market cap up and down. If the market cap falls and the requirement rises above what you hold, your stakes pause: they earn nothing until you top up or the requirement comes back down. They are not ended, and nothing you already earned is lost.

Right now

Market cap, 1 hour averageNot live yet
Latest readingNot live yet
Requirement5,000,000 $ORACLE
Read atSep 24, 13:10 UTC
$10K$100K$1M$10M$100M1M2M3M4M5M$ORACLE MARKET CAP
The requirement against the market cap of $ORACLE, log scale. The marker is the one hour average.

Why it falls

At a small market cap, 5,000,000 $ORACLE costs little. As the price rises, a fixed number of tokens would price new stakers out. The square root curve lowers the count more slowly than the price rises, so the dollar cost of joining still grows with $ORACLE, just never as fast.