ATADA/ATAD2 is a Supporter-/Dev-Pool for other Operators. We provide tools, help and knowledge since the early ITN days to help the whole ecosystem grow further. We have over 3M ADA Pledge in the game, we care about #Cardano.
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Happy to welcome new Delegators.
Thanks for your work Chris! Sad to see you retiring as a DRep!
To delegators, if you wanna redelegate, please checkout
https://t.co/amQF9uJ45S
To take a look at my past voting decisions, thx!
#Cardano fam, this is a tough post to put out there but in the faith of transparency and integrity a must.
I have loved my time in the Cardano community and remain a believer but I have decided in my personal best interests to step away.
I still hold $ADA but it is no longer my main holding. Things move fast and frankly @Cardano_CF and others have not kept up.
Technology and adoption found with @SuiNetwork is a candid contrast. It’s not even close…..
Thus I am stepping away as a DRep. Please redelegate to another.
I wish EVERYONE success, happiness and peace.
@IOHK_Charles@jasonappleton@dangambardello
🇪🇺 JUST IN: Cardano Foundation urges the EU against expanding MiCA to DeFi and staking, calling for rules based on financial risks rather than technology.
SPOs - we did it! minMargin CIP23 will be fully included in the upcoming Dijkstra Hardfork to PV12 and not in PV13 many months away!
Was not easy, but the CoreDevTeam showed that they are listening and are willing to make things possible. ❤️
So a big thank you to the DevTeam, lets keep working together. 🫱🏻🫲🏽
first, can you describe to me what an "unfair amount of money" should be? you know that a stakepool is a business? you know that larger community pools have worked for 6+ years to get delegations?
minPoolCost was introduced for a reason. to make the chain basically survive on there own by paying SPOs for there service. its the same with minMargin, but with the difference that it removes the block reward threshold. you make more, i make more. you make less, i make less.
minMargin is not there to make SPOs rich. after activation, every SPO must adjust its own parameters accordingly. which i many cases will lead to a reduction or removal of poolCost.
And to anyone who os wondering whats the big deal?
With minMargin in place we can remove the minPoolCost threshold for small stakepools. So no entry bar anymore. Every delegator gets the same rewards.
minMargin will represent a reasonable value to provide income for pool operators and makes the chain/protocol basically able to survive on its own.
@kenerik No BLS certificate, no incentive to run Leios code, no poolHotVotingKey, no minPoolMargin with PV12 (still fighting)... at some point, a hf blockade by SPOs will not only be a theoretical thing.
The dev<>user(SPO) feedback cycle is totally broken. It was never there in the first place tbh. SPOs are always just getting the result, learning from important changes via an SPO call maybe that was not even recorded until recent ones where we debated to make it possible. Once SPOs learn about something and provide feedback about practability, the usual reaction is "ah, sorry but now its too late!". This cannot go on and on and on...
We will try to push full cip23 support to PV12. Its worth a try.
I really would not disrupt the current Cardano Delegators with a k change. Thats a very very high risk of delegators leaving the ecosystem during this bear market! Its not a bull market like last time.
Cip50 should show what it can do first imo.
Simulation shows it should be way higher than 0.8%. Because some will keep there minPoolCost and many small pools will set it to 0. So a range between 3-8% looks reasonable to keep systems costs the same. And 80% of the rewards are already going to 100% margin pools. They dont care at all.
@Cerkoryn@earncoinpool activating with pv13. will believe it when i have seen an tested it on a testnet 🤣, but very good job @Cerkoryn 👍🏼
https://t.co/Xaehwr2Skv
ok sorry, cip23 was totally flying under my radar. people have reached out to me about minMargin. thought it was not on a hf list for the next two ones. good job ❤️
as recent simulation shows, the value highly depends on if we keep mPC possible or not. as the current path looks like, PC will still be an option. so the minMargin must be a bit lower as i had expected, to keep the overall costs for the system the same to now.