There is, it’s called ‘k’ and it’s set to 500 now. In the future, it’ll be set to 1000, probably later this year.
There’s a testnet for that.
Than you should delegate and not run a stake pool. There’re only about 21,600 blocks in an epoch to be divided amongst stake pools. At the moment, about 22.71B ADA is staked, so you’ll need about 1.05M ADA delegated to mint on average 1 block each epoch. If you think you’ll mint enough blocks with e.g. 100k ADA delegated to be sustainable, you don’t understand how it works.
Pools with such small delegation can only exist for two reasons:
- You’re an enthousiast and want to experiment with the protocol/network and don’t care that you’ll only mint a few blocks a year and won’t get optimal stake returns.
- You think that you’re able to grow your pool to a point that you and your delegators are happy with the returns it provides.
In all other cases, your pool has no meaning and you should delegate instead, or maybe collaborate with other people that are interesting in starting a pool and you can trust and together start a pool that is sustainable.
Congrats to all lucky pools that are getting delegation support from CF that just started today!
The stake pools the Cardano Foundation re-delegated to on 28 April 2021 are:
Congrats to all the winners
Congrats to the lucky pools
Congratulations! A new portfolio has been created for the new group (and all past delegation groups) on adafolio: Portfolio Details - Cardano Stake-Pool Portfolios | adafolio
First of all, congratulations all chosen pools! I just wondered why Cardano Foundation delegate 15M ADA to each of 44 pools, instead of delegate let’s say 5M ADA to each of 132 pools. I think that 5M is sufficient as a help to small pools.
0 is less than 5, so I hope that pools with 0 % variable rate are not excluded…
Didn’t AZTEC pool already received CF delegation? I haven’t checked the other ones but I remember that pool from a previous cohort I thought that the Foundation would exclude pools that already received the delegation
What happens in such a situation?
the rules says: “Have not been delegated to by the Cardano Foundation in the last four rounds.”
but to me it’s still not fair to the pools that haven’t been helped yet
With the number of pools increasing it seems unfair.
The rules need to be improved and reflect the current situation!
Indeed and they are perfectly upfront with the fact that they do this on their website.
I appreciate that we even have things like CF rotations but do these pools really need a boost in production?
I have nothing against these SPOs, I didn’t even know they existed until now, but NLD already has produced nearly half a thousand blocks and has been established since epoch 209 with a very solid stable amount of stake.
What was the rationale for bootstrapping DUTCH? Only wishing for some transparency here, no intentions of FUD.
Nothing is perfect in this World
I am sure CF will fix this when they will see the messages
Sucks to see them delegating to such large pools while so many still struggle to get any sort of delegates due to their much smaller size. I guess it’s a whale eats whale world…
Congratulations to everybody choosen. I’d suggest now that situation is very different from previous editions that Cardano Foundation consider changing and aligning with new ADA valuation plus the number of pools now are beyond 2000.
I’m sure that reducing the amount but allowing more pools to be selected would be way more interesting than a large amount to just a few. The results should be helping more pools to bootstrap and make a difference showing delegators they can provide return on their investment.
Right now gaining delegators trust is the most challenging in Cardano stake pool operation, is not tech, is not upgrades nothing like that.
Gaining people’s trust is the most challenging if not impossible for many to achieve.
When you have a Cardano Foundation delegation you automatically show them you are somebody to be trusted.
I hope in the next editions they can consider reducing the minimum pledge because 25,000 ADA its just too much money to anyone outside US including Europe.
This thread has obviously attracted quite a bit of emotion . I definitely TL;DR everything, but does anyone know if @Cardano-Foundation and IOG collaborate in an effort to ensure the upcoming IOG delegations don’t also go to CF delegated pools?