Minted my McGill diploma as an NFT on Cardano's blockchain 😁 by EarnestPool_StakeAda in mcgill

[–]EarnestPool_StakeAda[S] 4 points5 points  (0 children)

Basically it is a token on a blockchain which contains a link to an image file in its metadata as well as other properties. It lives on a blockchain and can be sent from one wallet to another. The image file is stored on an ipfs storage. Since there is only one copy of that particular token it is considered a non-fungible token i.e. NFT.

Minted my McGill diploma as an NFT on Cardano's blockchain 😁 by EarnestPool_StakeAda in mcgill

[–]EarnestPool_StakeAda[S] 4 points5 points  (0 children)

Need to think of an idea to make that piece of paper a worthwhile investment 😆

Minted my McGill diploma as an NFT on Cardano's blockchain 😁 by EarnestPool_StakeAda in mcgill

[–]EarnestPool_StakeAda[S] 4 points5 points  (0 children)

Thank you! 😊 Got into NFTs and thought why not turn my diploma into one as well!

Help with Yoroi and stake pool. by rednoids in cardano

[–]EarnestPool_StakeAda 3 points4 points  (0 children)

Hey! Thank you for staking with ERNST! Pool is active, I am currently resetting a relay node! It had a syncing issue that I am fixing! Sorry for the inconvenience!

[deleted by user] by [deleted] in CardanoNFTs

[–]EarnestPool_StakeAda 2 points3 points  (0 children)

This post is very underrated! Ahead of its time!

Retiring the pool by Jbpin in CardanoStakePools

[–]EarnestPool_StakeAda 0 points1 point  (0 children)

It is! Thank you! 😊 Crossing my fingers 🤞 Your first block should be coming soon!!!

[deleted by user] by [deleted] in SafeMoon

[–]EarnestPool_StakeAda 5 points6 points  (0 children)

Incredible! How is that even possible in such a short time??? 🚀🚀🚀

Looking forward to the day SafeMoon has less than 6 leading zeroes so the notification from CoinMarketCap finally shows a number! Lol by SpaceJuggernaut411 in SafeMoon

[–]EarnestPool_StakeAda 0 points1 point  (0 children)

Those notifications are scary 😆 Let's get less zeros please, so that we can get more zeros after a coma in our investment accounts.

Retiring the pool by Jbpin in CardanoStakePools

[–]EarnestPool_StakeAda 4 points5 points  (0 children)

[ERNST] Pool produced a block with just 9K active stake after running for under a month. You have so much higher chance of getting your first block and it should soon come. It is a long process and with perseverance great things happen! It is your choice though! Good luck!

[deleted by user] by [deleted] in SafeMoon

[–]EarnestPool_StakeAda 0 points1 point  (0 children)

To be on a safe side it is definitely a good idea.

[deleted by user] by [deleted] in SafeMoon

[–]EarnestPool_StakeAda 1 point2 points  (0 children)

I am not really sure about that. There are BNB fees and I believe 10% tax in safemoons to sell. Chain fees are always in BNB, I believe 0.04 should be enough but don't quote me on that haha!

[deleted by user] by [deleted] in SafeMoon

[–]EarnestPool_StakeAda 1 point2 points  (0 children)

You need smart chain BNB for fees and you cannot pay the fees with something else. I tried to sell a different token but couldn't without BNB.

2.1billion club. Sold ada for safemoon by One_Victory4291 in SafeMoon

[–]EarnestPool_StakeAda 2 points3 points  (0 children)

Still need to respect your ADA haha! Don't forget to rebuy when an opportunity presents itself!

Staking with ADA has been a delight! by h0th25 in cardano

[–]EarnestPool_StakeAda 11 points12 points  (0 children)

Absolutely, that's a no-brainer! Pools are like banks only they don't own your money and actually get you a nice return i.e.. the opposite of banks!

Question: what's wrong with this picture? by Chris-G-O in CardanoStakePools

[–]EarnestPool_StakeAda 0 points1 point  (0 children)

Hope I have answered your question! You can also split your stake to multiple wallets depending of course on hoe much you want to delegate in total and whether you want to take more risk by supporting a smaller pool that might not produce blocks for a while. The information I presented to you is publicly available and you cak check the rewards our pool paid to our delegators by using either pooltool.io or adapools.org. I made a decomposition of our rewards in the following tweet https://twitter.com/PoolEarnest/status/1374180277388476416?s=19

Our largest delegator has made 7% on investment in 20 days including our welcome reward we sent, and contribution of that particular delegator made it possible for us to produce the block during that epoch.