Cardano Foundation announces its delegation methodology - CLOSED

Now it’s clear for everybody
Thank you!

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this makes sense,

i manage about 7 wallets for friends and family and if i have te move stake (for example for the F2LB community) it takes a n hour or so, and those are small wallets that dont need splitting or anything.

keep up the good work all !

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thanks a lot for the clarification! :pray: :slightly_smiling_face:

That’s the way it is, I don’t come to the delegation with my 5k pledge (CDA), but I knew that from the start and I’m not complaining now. That being said, time will tell which of the pools that now have a pledge of 25k are really good. It’s not just about the pledge, it’s also about managing your system really well. So get some coffee and wait.

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Is this programme still ongoing at all? Although it was expected earlier in this month, we haven’t seen any new re-delegations or a new compiled list. At least that would give some hope to SPOs running pools that met the criteria.

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Hello,

Yes, still ongoing;

Cheers,

Feeling the same way. Managed to work it to 32k and then lost 5k as people sold in the highs.

Just have to stay the course and keep working for more delegates.

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Patience is the key to success :slight_smile:

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So, when is the next re-delegation? People get a bit tired of asking the same question over and over again.

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thank you for the update and clear message

we need this support and is great to see your great job you all do.

:wink:

totally,
what is growing slow, it stays for ever strong
what come fast huge, will find a huge disaster

:wink:
Lets Decentralize this Network

see step 1. advice from Zyroxa :slight_smile:

Screenshot 2021-03-23 at 16.24.34

Hello, Cardano community,

Thank you for your patience during our redelegation period. The Cardano Foundation will redelegate its stake soon as per our normal delegation methodology. We apologize for the short delay in redelegation, this is due to a slight technical issue we are experiencing and it will be resolved shortly.

Thank you and stay tuned for our redelegation announcement below.

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awesome news, happy to see some movement! :+1:

Hey Cardano-Foundation!

Do you have any intentions to adjust the minimum pledge to be considered for delegation due to the price sky rocketing this year (not a bad thing!)?

25k ADA is a substantial amount of cash to try and achieve for small operators hence my question.

Thank you

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Movement? Where? :laughing:

There are no intentions as of today to adjust the minimum pledge. Judging of all the ongoing discussions within the ecosystem, pledge is more likely to be even more important in the future. (which does not mean that we want to increase the value)

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Ok thanks for the clarification.

It’s going to be a long road for the smaller pools to ever achieve that with huge growth in price of ADA, but those are the rules.

I don’t know whether this helps, but you could consider changing your procedure and extracting the staking keys from these 45 wallets. That way you wouldn’t need the community delegation team to be able to control the actual money in the wallets, just the staking permissions. This could allow you to set lighter-weight procedures for managing the staking, and perhaps meeting physically would be unnecessary.

You could instead actively monitor the ongoing staking (that it matches the delegation strategy and the chosen pools) to ensure that no-one has made off with the staking keys. And if the alarm bells ring (unlikely in my mind that anybody would bother stealing staking keys), you could do the physical meetup and create a new wallet, making the old staking key useless.

Just a thought!

Dear Cardano Foundation,

We have only recently discovered the CF delegation methodology, did we understand it correctly, that the stake pool choice is completely random if it fits in the criteria, or there is anything that SPO can do to stand out in the selection process, please?

Thank you!