WHAT IS STAKE AND STAKE DELEGATION?
Ada held on the Cardano network represents a stake in the network, with the size of the stake proportional to the amount of ada held. If you hold 10% of all available ada, you have a 10% stake in the network.
The ability to delegate that stake is fundamental to how Cardano works. There are two ways an ada holder can earn rewards, and thus be incentivized to keep the network running: by delegating their stake to a stake pool run by someone else, or running their own stake pool. The amount of stake delegated to a given stake pool is the primary way the Ouroboros protocol chooses who should add the next block to the blockchain, and get a monetary reward for doing so. The more stake is delegated to a stake pool (up to a certain point), the more likely it is to make the next block – and then the rewards are shared between everyone who delegated their stake to that stake pool.
Incentived testnet (ITN) is live!
Choose the ticker symbol “MINO” in Daedalus or Yoroi wallets to stake with us
Secure and Reliable
If you decide to stake your ADA tokens, they will never leave your wallet. Plus, Cardano doesn’t require your tokens to be locked in for a term—you can un-stake your tokens at any time.
Stake your ADA today!
Once Cardano is fully decentralized, the people with the power to keep the ledger updated are those who have a stake in the system. This means that anyone who owns ADA (Cardano’s native cryptocurrency) can help keep Cardano decentralized.
The goal is to achieve great annualized return for stakeholders. Our approach is to provide reliable operations and communications to stakeholders about the decrease in rate of return associated with having too much stake in a pool.
Why stake with Mino Pool?
A little late to the party, but since epoch 24 we run a premium node for stakeholders who cannot be online 24/7, but still wants to earn great minting rewards propotional to their delegated stake. Pools with less than 1M stake may not generate many blocks, but due to saturation limits if they make a block the overall pool rewards will be no less than 1/29 of what a large pool makes due to the reward limits in place. Furthermore, the reward will be spread out over fewer delegators thus leading to higher returns to you. This why you see small pools with VERY high ROI.
- 2 cores
- 4 GB RAM
- 100 GB SSD
- Ubuntu 19.04
- Located in Norway
Jormungandr version 0.8.11
low fees │3% only
We aim to cover our expenses for running the dedicated server, and hopefully earn some small profits for our many hours invested towards maintaining this service.
Cardano’s proof of stake protocol “Ouroboros” is the first proof of stake protocol, that has mathematically been shown to be provable secure.
We aim for 99.9% uptime, and do our best to keep our node in sync 24/7. This assures you we never miss an assigned block and rewards should be regular.
we love butterflies
Pontia beckerii, Chlosyne palla, Vanessa cardui, Lycaena cupreus, Eumaeus atala, Agriades glandon, and Mariposa mimosa.
We love them all.
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