Send Pledge back to Daedelus

Is it possible to send your ADA pledge back out of the Stake Pool?

Thanks

Yes, but you should know that decreasing the pledge may cause problems, if you withdraw the ADA from the payment address immediately, u should keep the ada 2 more epochs after the snapshot otherwise u will loss the rewards… if u don’t expect rewards then u can withdraw anytime…

Cheers,

Ok, just in case the stake pool doesn’t work out, it would appear you need quite a lot staked to make it profitable

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Does this mean I haven’t pledged enough? I sent over a 1000 ADA into the pool, can I easily pledge the other 500?

Can i just nano edit the params.json file and rerun the build-raw transaction command?

Thanks

You send 1000 but you know that u paid 500 ada for registering ur pool?

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If u want to pledge 1000 then u need 1000+ few ada for transactions fees

Cheers,

Ok so i needed 1500+ in there.

When you say pay 500 to register, does that ADA get sent to Cardano, the rest I can recover if I want?

U pay 500 when u register the pool+ fees ( but you will get back when u will retire the pool)
The rest of them u can recover any time

1 Like

Do you know the syntax for sending ADA from the cli to a wallet?

Hmm I’m affraid not… u must search in guides how u should create transactions… etc… I have another setup and I am not fammiliar with creating transactions manually… and I don’t want to make something stupid

Sorry

ubuntu@ip-172-31-0-239:~/cardano-my-node$ cardano-cli transaction submit \

--tx-file tx.signed \
--mainnet

Shelley command failed: transaction submit Error: Error while submitting tx: ApplyTxError [LedgerFailure (UtxowFailure (UtxoFailure (ValueNotConservedUTxO (DeltaCoin 1533622402) (DeltaCoin 1033622402))))]

Failed re-register

ubuntu@ip-172-31-0-239:~/cardano-my-node$ cardano-cli transaction submit --tx-file tx.signed --mainnet
Shelley command failed: transaction submit Error: Error while submitting tx: ApplyTxError [LedgerFailure (DelegsFailure (DelplFailure (DelegFailure (StakeKeyAlreadyRegisteredDELEG (KeyHashObj (KeyHash “c47c17240b2abaf8c9a5085477f8bbf83b93bd56ea50891ff9e5ca04”)))))),LedgerFailure (UtxowFailure (UtxoFailure (OutsideValidityIntervalUTxO (ValidityInterval {invalidBefore = SNothing, invalidHereafter = SJust (SlotNo 1524200)}) (SlotNo 21514533))))]

I think u already did the registration… u need to add more money in ur wallet in order to met the pledge

wait

Looks like I need to deregister my stake key somehow, but that is associated with my payment address, I’m worried I will lose this by making a new stake key

Basically I want to change my pool margin fee hence trying to re-do this.

Find ur payment.addr and type
cat payment.addr

yep, that gives my stake pool address where i deposited the funds

Ok… past the address here and check the balance…

https://explorer.mainnet.cardano.org/en

Doesn’t exist? Maybe not updated as it was only created today

So if I start from Step 9 on CoinCashew, will that cause issues with the ADA already sent to the payment.addr i set up?

Can u check here?

Great! Ur pledge is fine now :metal:t2::metal:t2::metal:t2:

image

Well done!