There is a few things to that system that is far from ideadl, and as the total amount of ada we all bring in doesnt really increasy (i terms of percentage of total stake) what it does it created a community of people that help eachother in marketing, technical stuff and strategies on ho to cut cost for cloud hosting etc, ofcourse the carava or stake-wave as i like to call it is a bit of a weird phenomenon, but what we do is we eliminate the whole hasnt minted a block yet stamp, so we can actually test if the setup you run is OK in that sense. Noone in this initiative has even the slightest hope that just passively sitting in the queue will bump their pool up to sustainability. at least, not that i know of.
however, the added community and help that we get from eachother, the celebration of the joint effort is wonderful. even if people decide to delist and not continue, they stake with one of us to help the common goal of getting more pools off the ground.
Ive just filled out the SPO survey regarding the delegations and @waldmops i do agree that this form of stimulus should not be this large, or even frequent and i absolutely think it should not be a recurring event. and making a fee for application seems reasonobale if they do recur. i think pools should be run as businesses, so they should be aloowed to be marketed, but also be allowed to acces the stake that naturally flows through the ecosystem. and being made unnatractive by being colored red in the rankings isnt helping and is mathematically disingenuous.
the https://www.f2lb.org website is not here to game any system, but is a joint effor tto polish off some of the unfair stains that small pools face when starting up.
How exactly do you achieve that as a group? I ask because you also say
Shuffling around a given amount of stake does not increase the number of blocks that can be minted using that stake. So what you are really doing is concentrate block minting probability to one pool in one epoch at a time. A zero sum game in which small contributors seem to have a slight advantage at the expense of large ones. Insofar it is probably no coincidence that most pools participate with the minimum of 1000 ADA.
Iām wondering: Are there groups of ADA holders out there that cooperate by actually pooling their stake in order to raise a sustainable pledge?
My guess is no because the existence of delegation lotteries makes it economically unwise to do so.
we achieve that by pooling the stake for a couple of active epochs per pool, based on how much they delegate. so you get a hig amount of stake for a few epochs to prove your capable of block production. so you can get off that awful 0-blocls produced mark. thats basically it for the stake part.
the rest is a community in a broader sense, we share humor, concerns, ask tech related questions and help promote eachothers posts for attention.
the reason for not all pledging to a pool together is that is not practical to have 60 owner wallets. as far as i know there is no active pool in there that JUST relies on deleagtion. we all try but regardless of getting it we continue. so the burden of proof is on you to show that this behaviour is exacerbated by delegation lotteries (wich they are not, they are selection processes, randomness have very little to do with it)
Iām wondering: Are there groups of ADA holders out there that cooperate by actually pooling their stake in order to raise a sustainable pledge?
My guess is no because the existence of delegation lotteries makes it economically unwise to do so.
Your guess is incorrect! There are indeed pools which run by group of people (2-4 the ones I know) who have combined their ADA to create a pool.
Unfortunately you donāt represent Cardanoās plan for decentralization. Itās very simple one poolā¦to create a decentralized system.
Nothing in this world is free and work must be done. Work will yield rewards.
Same here! You donāt need a lot of pledge if you have a mission and people want to support you.
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