Hi Everyone,
Just re-posting my previous update as i found the information is not quite right in term of ROS.
We are currently in epoch 214, good to see more small pools are generating blocks. Last time I checked , there are around 400 pools out of 1080 have at least generate one block. d parameter slowly decreases as we are descending to full decentralised network. It’s an exciting time for Cardano! I look forward to the future of Cardano and I hope that we will achieve true decentralisation with POS. I believe it has a good chance of success
WAAUS just made 4 blocks in the past 2 epoch. with ROS 5.87%. Thank you for current delegators, hopefully the reward is as expected! New delegators are always welcome! If you are keen for technical discussion, feel free to join our telegram channel. We discuss anything! literaly anything - Cardano related tech and development, trading, latest technology on azure, big data, etc 
Well sometimes the channel is pretty quiet, so anyone is welcome to start a topic.
Hope to see some of you in the pool. Cheers everyone!
-sk
Hi Everyone,
Hope everyone has been having a blast staking their ADA to support Cardano ecosystem! A gentle reminder for everyone about recent development in the number ‘k’ which is scheduled to be changed on 06 December 2020. And a quick update on WAAUS pool!
the ‘k’ parameter will change from 150 to 500. for further information on what is k, please refer to design specs https://hydra.iohk.io/build/790053/download/1/delegation_design_spec.pdf
Below is the high level information about the parameters:
• The desired number of pools k ∈ N+.
• The influence a0 ∈ [0, ∞) the stake pledged by the owners should have on the desirability
of the pool. Small values of a0 indicate little influence.
• The expansion rate ρ ∈ [0, 1], determining the fraction of still available ada that will be
created per epoch.
• The fraction τ ∈ [0, 1] of rewards going to the treasury.
What does it mean for all delegators? This means that pool’s saturation level will drop from approximately 210m to 63.6m. Thus, it is very crucial for delegators to choose a pool below saturation level by less than 01 December 20 to ensure that you continue receiving the full amount of rewards. Enjoy your staking time in Cardano everyone!
Quick update on WAAUS pool, we received a ‘golden’ ticket from Cardano Foundation which last for 4 epoch. The pool successfully submit all blocks and get 4.8% - 5.7% ROS during this time. This prove that the pool is available 24/7 and will be able to hit any scheduled block allocated to it. We are still way below the new saturation level even after recent increase. I look forward for a new delegator to join the pool. Welcome to all new delegators !
Cheers everyone!
-sk
This is us:
Hi Septuro,
I’ve had all my ada staked with you since I started and am happy with the results.
It feels good to support another Aussie.
The coming Epoch’s rewards look astronomical!
Cheers,
D
Hi D !
This is awesome. I am very glad to hear your feedback. Thank you so much for supporting the pool! much appreciated.
Last epoch was a good epoch for WAAUS. We had many more blocks in relative to the expected blocks given our stake. Enjoy the reward ! and thank you again for supporting the pool from the start.
cheers,
-sk
Hi Everyone,
hope everyone had a great weekend. The pool is still growing by time as we approach k=500. don’t forget to change to a pool which is below 64M to ensure that you keep receiving good return.
We experience a slight bad luck moment for last epoch and this epoch. Although our stake is quite good but we are still depending on the lottery result in getting the slots. Last epoch we were only given 1 slot and 0 slot for this epoch. I am sure that we will get through the dry period.
I certainly hope that new and old delegators will still be around to experience the high luck period where you experience around 15% ROA based on pool’s historical data. In the long run , your return should still converge to around 5% - 6%.
If you have any other questions , please feel free to ask in the channel or here.
have a great week everyone!
cheers,
-sk
Hope everyone is ready for Christmas!
It’s good to always take a break from your busy schedule to recharge and come back fresh in the new year with a better resolution. The telegram channel is always open for anyone to ask questions. We usually also discuss any topics in the channel so drop by and enjoy the conversation.
We are now around 36.56M live stake with around 238 delegators. It’s great to see so many have joined the pool. Thank you and welcome! Recent change in K = 500 changes the game again by forcing many delegators to find a new non saturated home. Unfortunately there are some pools still saturated. Please review your pool saturation level in https://adapools.org/ or https://pooltool.io/. make sure they are below 64M.
Enjoy your Christmas everyone and thank you for staying with the pool!
The pool is NOT taking holiday 
it will keep running for 24/7 and making blocks.
cheers,
-sk
Latest parameters:
"esPp": {
"poolDeposit": 500000000,
"protocolVersion": {
"minor": 0,
"major": 2
},
"minUTxOValue": 1000000,
"decentralisationParam": 0.32,
"maxTxSize": 16384,
"minPoolCost": 340000000,
"minFeeA": 44,
"maxBlockBodySize": 65536,
"minFeeB": 155381,
"eMax": 18,
"extraEntropy": {
"tag": "NeutralNonce"
},
"maxBlockHeaderSize": 1100,
"keyDeposit": 2000000,
"nOpt": 500, <--- This is the change in K
"rho": 3.0e-3,
"tau": 0.2,
"a0": 0.3
}
Hi Septuro,
WAAUS will be saturated when K goes to 1000 (32M), whenever that will be. Will you be starting a second pool?
Merry Christmas!
Cheers,
D
Hi D,
I currently have no plan to create a new pool. I would like to give other pools chance to get delegators and to support decentralisation. I certainly hope decentralisation is not just a dream and I believe Cardano has the biggest chance to make it happen. Looking at the latest donuts charts in adapools, controlling parameters in the network appears to have some impact on stake distribution.
I initially run WAAUS pool to get more understanding about Cardano and I enjoy the process of learning about the technical aspect of it. Learning while accumulating ADA in the process sounds like a good plan for me.
There will be more to learn as we are waiting for devnet environment. I look forward to it and hoping to test it. Comparing it with my experience in creating token, dApp development in ETH network. To mitigate the disruption in the reward earned by delegators I will be giving a communication or plan as we gets closer to March 2021 or later when K=1000. This to ensure that delegators have ample time to choose a new pool or remain with the pool. I also want to ensure we stay close to the saturation level at the end. I will be suggesting other pools that I know to be reliable and run by stake pool operator who are really dedicated in the future of Cardano.
Thank you so much for supporting the pool D.
Merry Christmas! I can’t believe 2020 is ending… 2021 will be a bright year!
cheers,
-sk
1 Like
Hi Skokasik,
Thanks for your reply.
Maybe by March we will have multiple staking from one wallet which will make things easier to keep stake close to saturation.
Have a good one.
Cheers,
D
As a small pool operator, I applaud you for this statement. To have a decentralized network, we should have more operators in the network. With k = 500, there are many pool operators that are running 20+ staking pools (which is frustrating). Those stake pool operators only cares about the rewards.
Hi D,
My pleasure yes totally having multi pool delegation from single wallet will make the concept of porfolio become easier to implement. the easier we make it for end user the better it will be for all of us. I certainly hope it will still keep WAAUS pool close to saturation as well when K=1000.
have a good one D!
cheers,
-sk
Hi StakeKingPool,
Thank you for the applaud. I think it depends on the goal for each individual pool and I respect each individual. That is the beauty here; we have so many different purpose and goals in running pool or pools. which also can be considered as strength of the network. Some are after profit, some maybe not so much.
It can be quite stressful as small pool operators to compete with many big pools. WAAUS was a small pool few epoch ago and only recently it thank you to the CF initiative and so much support from its delegators that it comes to this point.
Good luck with the pool StakeKingPool!
cheers,
-sk
