I’m seeing various pools reducing their pledge, probably to cash out some of the price earnings from the current ATH.
Recognized that some of the pools are changing the pledge parameter of the pool and immediately reducing the amount of ADA of the owners account.
My understanding is that this will lead to lost rewards since temporarily the pledge is not met.
Taking a look on pooltool and adapools i see conflicting results there.
Adapools just compares the latest announced pledge with the current owners balance and shows everything being OK.
Pooltool shows that the pledge is not met because still the old Pledge is considered to be active and the current owner’s wallet is already keeping less ADA.
Which approach is correct now? Does a owner need to wait until reducing the owners wallet after an announced pledge change or not?
It takes 2 epochs before changes to a pool are active. If you do not meet the pledge before the changes are active, you and your delegators will not receive rewards.
The latest version of cardano-cli v1.27.0 makes this a lot easier, rather than querying ledger state you can now check your pool parameters via:
I was wondering about this because:
If the balance of some delegated wallet is changing this is getting active in 2 epochs as well.
So I thought maybe Adapools is right because changing the defined pledge takes 2 epochs to get active but also the snapshot of the owners account still may be taken from the 2nd last snapshot.
If both changes have the same delay of 2 epochs it should be OK to do both at the same time.
The question is now: Does the Rewards calculations Pledge Check compare:
a) the active poolParams against the current live stake of the owners account (pledge)
b) the active poolParams against the current active stake of the owners accoung (pledge)
Sorry if it feels like I’m asking the same question over and over again.
But it’s still not clear for me how this scenario is really calculated.