Enjoyed this space hosted by @CardanoThor
Awesome to hear from @dropspot_io speak about what they’re building during this bear despite how challenging it is..
Website by @dropspot_io runs pretty smoothly on my PC while it lagged on my iOS safari browser 🧐
1/2
Sad to see 350k in delegation leave the pool, but at least it went to the legends at @projectNEWM.
We have our monthly giveaway in 7 days! Delegate to NINJZ for a chance to win some fungible and non-fungibles, and to earn $NINJAZ every epoch. 🥷
📢Calling all Stake Delegators
We are in the re-delegation phase of the #SPO on-chain poll experiment.
➡️View dashboards
➡️See how SPOs voted
➡️Examine results
➡️Decide whether or not to redelegate your stake to another SPO
👇👇
https://t.co/QiZg6q5ZAe
https://t.co/nwBgo8LXsN
88.8% of the vote to keep K at 500 and minPoolCost at 340A are by multi-pools.
61.2% of stake that has voted are by multi-pools.
Move your delegation to someone who represents Cardano, instead of representing their own pocket.
@harrison_porte This will effectively lower the total $ADA needed for saturation, and allow more profits for delegators of smaller pools. Hopefully resulting in better decentralization.
We have voted in the K, minPoolCost vote.
There's still 7 days for pools to vote.
If your pool doesn't vote and/or it votes against what you believe, switch pools before or during the redelegation phase to a pool that voted in your favor.
🧵
@harrison_porte To lower the minimum pool fee to 170A from 340 and to raise the K parameter from 500 to 1,000.
1. Instead of 340A taken from the first block produced, the pool will only take 170A.
2. Instead of 500 pools at maximum saturation possible, there can be 1,000 at maximum saturation.
The "Redelegation Phase" allows YOU, the stakeholder, to cast their vote by changing your delegation to a pool that better matches your beliefs.
This is the beginning of true Cardano governance. Take part.
@trydydd1746001 @rickmccracken He's not shitting on other chains. A fee market is being proposed as a solution for Cardano, and many are against it. He's simply showing it doesn't work for what it's intended to do.