I delegated into 2 different Stake Pools. ADAPL and IOHK2
I checked different metrics when picking Pools using this tool: https://pooltool.io/
Mainly compared current ROI, performance, epoch block percent and live stake.
ADAPL rewarded me with 30% more ADA. Delegated 27december
I am a beginner at understanding this information, so I have a few 3 questions.
Is there a known average best value best Stake Pools could reward delegators with?
What other tools we can use to min-max our ADA staking rewards?
Does anyone use deep learning approaches on delegation data?
First off, you really want to look at saturation. The IOHK2 pool is more than 2 times saturated which lesson your rewards. There are many others out there with better ROI and are not saturated.
Secondly, the ADAPL pool has very little delagated to it which decreases its chances of receiving blocks.
My suggestion is to look a bit more closely at pooltool.io and find something more in the middle of those two pools. Just my two cents…Happy New Year
In the live stake column find the pools with stake between 60M - 90M. These usually all appear on pages 2 - 4. It is said that around 90M is saturation point so any more stake than that is decreasing your share of the returns. By choosing a pool smaller than that you give room for the pool to grow a bit but still have a decent chance of being selected to produce blocks.
Then, in the tax average column, I look for a pool with a tax of between 0% - 2%. You may be prepared to pay more. In the far left column you can click on the link to the pool’s website to check their assurances on uptime etc. if you think that low fees may mean poor service i.e. uptime.
Then in the far right column I look for the best ROI. This is an average. If you click on the pool ticker on the far left column you will be taken to a page that shows ROI on a epoch by epoch basis which is useful in checking the currency of the ROI Avg. Sometimes the return is less in more recent blocks than when the pool began. Pools matching my above criteria and with an average ROI of 15% - 25% are fairly common.
Go to Daedalus wallet (what I use anyway) and delegate.
This is just my rule of thumb method. Others may have superior methods that they may like to share. There is a lag due to delegation taking place an epoch after you make the decision. It is worth checking every few days to see if your returns are being maintained. The fluid nature of stakes being constantly re-delegated means the numbers are bound to change until they eventually reach a modicum of equilibrium at some point in the distant future.
I’ve consistently been getting 15% p.a. since I started staking which I’m satisfied with. I’ve changed pools three or four times in the last fortnight.
IOHK2 currently has 208 million staked to it. The current saturation point is 1%, which is 90 million. By delegating to IOHK2, your rewards are 50% of what they could be.
My guess for why ADAPL is not 50% more is likely because they missed a few blocks here and there whereas IOHK2 was more stable.
Long story short: You should redelegate your stake from IOHK2 to another pool.
///
I think a common misconception is that a smaller pool won’t provide the same rewards.This is untrue.
A smaller pool, as long as it remains efficient (meaning it makes the blocks it is given), will provide a similar reward, if the fees are the same. The only difference is that the larger pool will give more consistent (albeit smaller) rewards. The smaller pool will give rewards in more sporadic “chunks”. The smaller the pool, the more sporadic the chunks.
For example, let’s say you have 1000 ADA delegated across 10 epochs.
In a large pool, you may get 5 ADA each epoch.
Example: 5, 5, 5, 5, 5, 5, 5, 5, 5, 5 = 50 ADA
In a smaller pool, you may get larger “chunks” of ADA and not get rewards every epoch.
Example: 0, 0, 0, 10, 15, 0, 5, 20, 10, 0 = 50 ADA