Did the Cardano Foundation delegate over ₳120 million to DIGI and DIGI2?

Cardano Foundation’s stake pool re-delegation recipients:

1. ADAU
2. AGIO
3. AZTEC
4. BEAVR
5. CASP
6. COSD
7. LOOT
8. WAAUS
9. ZETIC
10. ZONE

ADA sources for Cardano Foundation’s latest stake pool re-delegation, as per pool.pm, SMAUG (https://pool.pm):

  1. DIGI, Epoch 221 - 6 October, 2020
    • ₳64.1Million transferred from DIGI to COSD (new foundation re-delegate)
  2. DIGI2, Epoch 219 - 26 September, 2020 and 6 October, 2020 respectively
    • ₳56.7Million transferred from DIGI2 to LOVE -> ₳64.1Million transferred from LOVE to ADAU (new foundation re-delegate)
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Hi Deep,
My undercurrent has been open and percolating for a while now.
Could you please elaborate? I’m not sure I understand entirely the situation with the CF / Rick or your point.
I don’t want to miss anything.
Cheers,
D

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Thanks -

Cardano’s my subject. I don’t enjoy this, got things to do. Arrogant “fuck them” characters always tend to require an escorted exit. Cardano depends on people starting to ‘get’ the implication of they don’t engage.

Time will tell.

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Caught my attention with this, I continually keep an eye out for patters to be concerned with.
Do you have a source? And are the funds still delegated?

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Where did you get that from?

DIGI got only 64m, as other 9 other pools delegation, from CF at the beginning of Shelley era (and it’s and was well known by lot of us), i.e. the 1/10th of their total stake as a temporary recognition of their long term support in ITN and in the community as general (i.e. a reputation based on their past but continuous support of Cardano).

I think, 64m was chosen based on the convenience and security, as they had to split their stakes to small some smaller portions and 10 wallets seems a reasonable to handle instead of having 20, 50 even 100 wallets.

I would say, they deserved it, despite the fact I am highly against to any SPOs who is operating more than one pool.

Because, just very few of us here for very long who continuously supports Cardano way long before this Staking crasiness and Rick was one of those.

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And I meant, I was talking about a Community which did not came here just for taking advantages of Staking (smell the easy money and justify their actions loudly), but supported the vision for a brighter future long before that.

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It’s straightforward.

  • On 26 September, LOVE received ~60million(MM) ADA from DIGI2.
  • ADA sources for the Cardano Foundation’s latest re-allocation:
    1. DIGI ~ ₳60mm
    2. DIGI2 -> LOVE ~ ₳60mm

As I already stated publicly, imo, the problem isn’t with SPOs. Incentives design is principally causal, and its ill effect enabled by leadership problems.

I know what you meant. It’s all good.

I have been here since FEB 2018 and recently took off from my own business to learn how to program and learn about code and just become a better member of the community and it’s like pulling teeth to get answers with trying to understand things… Very frustrating! It seems to me only VERY FEW are only Focused on!! Maybe I’m wrong? I guess time will tell with this also!! But I will say to this It’s not right at ALL and the questions need to be answered!

As far as I am aware we haven’t delegated twice to Rick. I am still waking up with my first coffee but will try to come with proofs once I am awake :slight_smile:

EDIT: Tommy already jumped in.

Good morning @deepau,
what I’m wondering is: (@Chris_Ray and @_ilap already asked a similar question) do you have a starting point how to come to this conclusion?

If the DIGI2 -> LOVE movement is true, then one should be able to find it here on the delegators tab: https://adapools.org/pool/95c4956f7a137f7fe9c72f2e831e6038744b6307d00143b2447e6443

But if you open this tab and search for “digi” there are 4 movements from digiX --> LOVE in total, only 1 from digi2, - and that one has only a few ada. Assuming we are talking about the current epoch. (epoch 222)

We appreciate your criticism, but since these things are always easy to prove, it would be nice to include the proof, so that other people can verify. Thank you much.

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Thanks for the conversation opportunity.

To all:

  1. Everything relates to my opinion, and its persuasive or convincing support.

  2. My submissions are not intended to meet, legal or otherwise, Burden of Proof requirements.

DIGI2:

LOVE:

I want to learn from any and all errors. Thanks in advance for telling me asap.

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Did you get this?

To all:

  1. Everything relates to my opinion, and its persuasive or convincing support.

  2. My submissions are not intended to meet, legal or otherwise, Burden of Proof requirements.

DIGI2:

LOVE:

I want to learn from any and all errors. Thanks in advance for telling me asap.

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Hi Deep,

Yes, received thank you.

I’m just not up on who I standing behind these pool tickers, still not clear on it really. Which actors are behind DIGI, LOVE etc.

I’m following the thread though and will make a decision as to whether I think things are dodgy or not as soon as I can get a firm grasp on the situation.

Cheers,
D

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No problem

Click the in-ap search -> paste, “DIGI”, “DIGI2” and “LOVE”

Generally, just look for trans. ≥ ~ADA54MM in DIGI, DIGI2 and LOVE.

I recall one for DIGI2 on the 13th, but I believe there may be at least one more for DIGI2. Then of course, you’ll see ≥ ~ADA54MM for DIGI. I believe particular interest is in the DIGI2 tran. on the 13th to LOVE, and LOVE’s ≥ ~ADA54MM trans.

Let me know If I can help more or if you have comments.

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Hey Billy1 !

Some obnoxious dead person said, life’s under no obligation to give us what we expect. :roll_eyes:

Yup, this is a serious boot-strap, there’s a shortage of help sometimes because we’re all, in our own way, figuring and building this thing out, failing a lot. Good thing is, like you, more doers than talkers. Helps to remember; don’t water a dead tree. Try the CF, YouTube, Telegram, Twitter, Reddit, if you haven’t already. Some SPO’s offer help via The Cardano Effect as well.

Like you, Cardano will find a way, because it’s meant to be :+1:

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I noticed this also - seems like a huge bootstrap. I also wonder about HRMS

@Andy_Hendrikx & @adatainment - will the whale delegation from CF thats been assigned to HRMS from the beginning also be moved out?

@godfather @deepau As far as I’m aware Cardano Foundation has never delegated to DIGI2 or HRMS. From looking at the explorer I also wasn’t able to find a proof for that, so if you have one, please feel free to publish it. (link above is not a proof)

A verifiable proof, for example, would be if you find and address that delegated to DIGI2 or HRMS and that is connected to the latest statement from 2019 here: Statement on Cardano Foundation’s Ada Holdings (you can follow the funds in an explorer)

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You can see the 10 officially announced re-delegations from Cardano Foundation at once on pool.pm whales page (filter out TXs by clicking its header to better see them):

You can find the original delegations at epoch 208, at the bottom of the page, two months ago, including the LOVE one, and there is no DIGI2 one (you can search the stake address prefix in this page to match them):

I don’t know who is the owner of the ₳56M delegation you are looking at, but it is not part of the delegations officially recognized by the Cardano Foundation.

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Thank you @Smaug. Ever thought about a page that shows known addresses/delegations from the Cardano Foundation?

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