Where are the mods?

Where are the Cardano Reddit mods?

This is blatant misinformation. Why are posts like this not being removed? This lie is rampant on r/cardano, and I even saw one or more of the mods spreading this same lie. Why is this being tolerated?



Feel free to report such posts if you think its missleading or just false. But always keep in mind that all the mods in those social media channels are doing that job in their free time.


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I’ve reported them for months and not one has ever been removed. It’s not that I ‘think’ it’s false, it IS false.

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Which post do you think is false?

Op asked how to maximize rewards. Most common answer posted to Reddit is that all pools offer the same rewards around 5%. This is wrong. Pools have very different reward rates.

It is true that they have different reward rates in the short term, but as long as a pool produces blocks on a regular basis, the average reward rate for each of these pools should be the same.

You’re very much wrong. Pools do not offer the same rewards. Not even close.

Actually opposite of what you said. In the short term it might appear like a low pledge low saturation pool can offer similar rewards, but that’s just a short term observation of luck. In the long term it will offer considerably lower rewards than a high pledge high saturation pool.

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I mean its not completly wrong what you said, but currently with the current value of a0 the difference between pools with low pledge and high pledge is negligible. But yeah im obviously talking about pools with the same parameters.

The difference between a pool with 50k pledge and a pool with 2mil pledge is 0.04% at saturation. For somebody delegating 1 mil Ada that’s 400 Ada per year difference.
That’s not negligible.

The spread due to saturation is even more pronounced.

It’s 100% wrong to say pools offer the same rewards. They’re hugely different.

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Ambassadors shouldn’t be telling people pledge doesn’t matter.

You should come out with a staking guide to educate people on it. I would certainly appreciate it.

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There are guides already out there. Some good, but many more that are wrong spreading this same misinformation.

A good guide doesn’t do any good as long as people are being allowed to spam forums with misinformation. Anybody who opposes the wrong message on r/cardano are aggressively downvoted and a dozen different profiles chime in to back the misinformation posts, including ambassadors and mods. There are over 1000 pools that only have misinformation going for them to attract delegates. If people knew small pledge small saturation pools offer lower rewards they wouldn’t delegate there.

Misinformation posts go directly against the rules of r/cardano and need to be removed.


When you are crowd sourcing answers there are going to be some good and bad responses but over time hopefully the better answers will rise up.

Here is a very recent thread on the topic:

I copied the top ranked post and pasted it below. Anything you disagree with?:

Generally speaking, you want a pool with the following characteristics: high stake (at least 20 million to be within 3% of the top pools), high pledge (I’d say at least 100k, since there are many single pool operators with that kind of pledge who have low margins), low marginal fee (2% or less), and fixed cost to be the smallest possible (340 ADA per epoch). There are a few hundred pools that satisfy those conditions on adapools (adapools.org) with advanced filtering.

My specific step-by-step recommendations are here: https://www.reddit.com/r/cardano/comments/mtvl6k/staking_advice/gv26xxi?utm_source=share&utm_medium=web2x&context=3

I came up with that process while looking at the rewards structure from the protocol: Pledging and rewards — Cardano Documentation 1.0.0 documentation

That structure is expected to change some time this year, and the expected change will incentivize pools to consolidate their stake (meaning that it will amplify the pledge influence factor). There are also calls to lower the minimum fixed fee, so if those calls are met, then that should allow smaller pools to have an expected ROI closer to that of the larger pools.

Some further analysis to justify the above recommendations can be found in the links below:

This post shows how the expected ROI changes as a function of stake pool size: https://www.reddit.com/r/cardano/comments/mxmigd/chance_of_zero_blocks_per_epoch/

Note that it is actually not the case that pools are the same with respect to ROI, given the fixed fee. Unless you’re talking about pools giving back their fixed fee manually to their delegates (there are a few pools doing that), the fixed fee impacts the expected ROI. The reason is because small pools rarely make a block, and in the event they do make a block, then the pool owner will take 340 ADA out of the 750 block reward (that’s quite a big proportion). Consequently, they will have a lower expected ROI. The math suggests that the smallest pools can expect an ROI of about 3% and the largest pools around roughly 5.6%. See the last two plots in the post linked above.

This post examines how long you have to wait on average for a block to be minted by your pool, as a function of how much stake is in the pool: https://www.reddit.com/r/cardano/comments/n0p2t7/for_math_nerds_and_engineers/

If you have small stake and stake to a pool with less than 15k stake, if no one else joins that pool in the next year, then you will be waiting at least a year on average for the pool to make a block. That is just based on the math of the slot leader selection process from the Ouroboros protocol.

TLDR: If you have a small stake, go for a pool with high stake and high pledge. If you stake to a small pool and if no one else joins that small pool, then you will wait forever to get a reward (and you won’t even get a good share of it since that fixed fee eats up a good chunk of that block reward for a small pool).


Great response Fred. Useful links.


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Great post

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Your statement regarding pledge is true. But please be aware that 1% higher margin makes more difference than 1mil pledge with the current network parameters.

And in general I’m in line with your original concern. I also see untrue information in many promotional contents. This is critial for the trust in the SPO’s in general.

Also published an article recently regarding Stakepool selection which covers the Pledge topic as well:

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