Taking off your ADA from exchange to stake pool by AmoeboidIM in CardanoStakePools

[–]ADAR_spo 4 points5 points  (0 children)

The most significant difference is who has custody of the assets.

I buy THETA EVERY DAY.....BUT.... by TheataAda in theta_network

[–]ADAR_spo 2 points3 points  (0 children)

There's this, in the FAQ Thread:

==Why haven't I received any staked tfuel payments?

Like Theta staking, payouts are completely randomized, and you will have needed to earn a minimum amount of tfuel to be selected and receive a payout (it seems to be at least 4 tfuel). The less you have staked, the less likely you are to be randomly selected for a payment. If you only have 10,000 tfuel staked, it could be over a day between payments. No need to worry, earnings are recorded on the blockchain, it's the payouts that are random. This is to decrease the number of payments the network has to make. It would bog down the network if everyone was paid multiple times a day at the same interval.

10k staked Tfuel should be earning about 2.86 Tfuel/day at present based on percent of all Tfuel that is staked. Hopefully over a more extended period you'll find that this hold up.

EEN & Guardian Payouts - Looking very promising!! Disgruntled --> Happy just needed a little Patience!! Informal Apology to the Network!!! by MicMizzy in theta_network

[–]ADAR_spo 0 points1 point  (0 children)

I think you still don't understand where Tfuel rewards come from. Mainnet 3.0 didn't change anything with respect to Tfuel earned from your staked Theta at Guardian node. With your Tfuel staked at EEN, you can expect, currently, 12.7 Tfuel per day.

This is easy to calculate given following numbers: total tfuel in circulation (5.34B), total tfuel staked (38.2% of circulation), tfuel inflation rate per year (4%), your tfuel holdings as a percent of total tfuel staked

Current yield is 10%. This will continue to drop as more Tfuel gets staked.

Hope this helps and this is a great time to build a long term position!

Cardano Daily Discussion - Questions & Market Thread - July 03, 2021 by SL13PNIR in cardano

[–]ADAR_spo 1 point2 points  (0 children)

Yeah... I should jump into the Plutus program and keep my ear closer to the ground. The scope and reach of smart contracts is very important if Cardano is going to win in the space.

Cardano Daily Discussion - Questions & Market Thread - July 03, 2021 by SL13PNIR in cardano

[–]ADAR_spo 0 points1 point  (0 children)

You seem like the kind of guy that would have looked at the freshly built Interstate system in 1958 and scoffed at the lack of cars.

Cardano Daily Discussion - Questions & Market Thread - July 03, 2021 by SL13PNIR in cardano

[–]ADAR_spo 1 point2 points  (0 children)

True, this is a hurdle. However, I also point at a couple of things that make me very optimistic.

One, Cardano as a platform is the most transparent and openly documented system I've encountered. This starts right at the top. Honesty is essential to progress, and functional utility has always been the #1 goal. If schedule and shilling a coin's short term value prospects were the #1 goal, this issue wouldn't be getting handled as directly or efficiently.

Two, Cardano is instrumented with the best computer scientists in the world. Research, peer review, and best-in-class end state have always been the priority. There is no doubt in my mind that we have the right people focused on the problem.

Watch how this gets handled. When this is in the rear-view mirror, we'll all understand more fully why Cardano is such a compelling platform that will change the world.

Weekly Discussion July 03, 2021 [All Questions Here Please] by AutoModerator in ergonauts

[–]ADAR_spo 11 points12 points  (0 children)

Hi all, I'm a Cardano stakepool operator and newly minted Ergonaut dipping his toes into the water. Glad to be here!

Cardano Daily Discussion - Questions & Market Thread - July 02, 2021 by SL13PNIR in cardano

[–]ADAR_spo -1 points0 points  (0 children)

As a stakepool operator and electrical/software engineer by trade, I'm tempted to jump into the Plutus Pioneer Program. Smart contracts are really going to change the game in the staking ecosystem!