A lot of you know me here and I’ve been around for a while now, and I may have helped you in resolving your problems at the forums in the past. Anyhow, I recently came through a unique incident that I would like to share with you and get your opinion on as delegators.
I run a small charity staking pool, and I am offering a new program to encourage delegators to delegate to the pool in order to get the wheels going. The program states that if you delegate 250K to the pool, you will receive 200% ADA rewards every epoch according to a certain arrangement.
When the program was launched. It was accused by some delegators that it’s an attempt for a scam. Now my question is, how can it be a scam when you are delegating your ADA to an official staking pool? You will be in full control of your funds, and you don’t have to send them to anyone or anywhere.
What do you think?