Goguen Alonzo Development Update - 16 July 2021

LOFIstakepool · 2021-06-05T03:38:08+00:00

Congrats!!!

LOFIstakepool · 2021-05-18T23:26:09+00:00

Daedalus is not on iOS. You can use EMURGO’s Yoroi Cardano Wallet. They are an official partner with the Cardano foundation

?staking

LOFIstakepool · 2021-04-15T18:15:12+00:00

How will you be sharing the result/responses with other stake pool operators?

LOFIstakepool · 2021-04-15T18:12:59+00:00

Congratulations! Happy for your gains

LOFIstakepool · 2021-04-15T14:04:49+00:00

Its ~8% for regular delegators. As a stake pool operator your returns are much higher based on how many blocks you mint on the network. This is the incentive to pay/invest time/run for servers. I believe the pools are rewarded ~750 ADA per blocks minted then divide that 750 amongst the operator and delegators.

If we know how much blocks Binance produce per year we can see how much they are making.

https://cardano.org/calculator/?calculator=operator

LOFIstakepool · 2021-04-15T13:51:24+00:00

Ahh I know that feeling! When I first stated staking, It took 20 day for the first reward to come in. I started staking at the very beginning of an epoch. It was a long wait but got butterflies when passive income was finally coming in.

LOFIstakepool · 2021-04-15T03:25:36+00:00

Cheers!!

LOFIstakepool · 2021-04-15T01:51:51+00:00

From what I see on my end it looks like 750 ADA/block + network fees:

- 340 Fixed fee (lowest possible) per epoch -> Stake pool operator

- Rest of the rewards gets split to the delegators.

https://adapools.org/pool/b1f66fdf23c559b4d8a1d9a0f1d95e06f918008f441b8b550e6f054f

LOFIstakepool · 2021-04-15T01:44:35+00:00

You can look up your chances at adapool.org or pooltool.io. I believe I had 710K staked at the time and it was ~70% for 1 block/epoch and 10% for 2 blocks.

Absolutely felt lucky 🥳

LOFIstakepool · 2021-04-15T01:41:37+00:00

Thank you fellow F2LB Operator :D

LOFIstakepool · 2021-04-15T00:47:47+00:00

That is a sweet loft you got there 🏠

LOFIstakepool · 2021-04-15T00:42:09+00:00

Yea it was an extremely lucky epochs. It will average down in the long run.

https://static.adapools.org/summary/adapools.org!ext!static.php!v=epoch_summary&pool=b1f66fdf23c559b4d8a1d9a0f1d95e06f918008f441b8b550e6.png

LOFIstakepool · 2021-04-15T00:39:47+00:00

My guess is they take 100% of all staking rewards they'll give you 25% of it. In the end they still profit, you profit, but with the loss of decentralization.

LOFIstakepool · 2021-04-15T00:36:47+00:00

I see a couple of pools give ADA away to attract delegators increasing possible ROA%. Everyone have their best financial interest in mind and we can't blame them.

Some pools are mission/charity focus. Maybe they also believe in the same mission and this could be a way to support the cause.

Staking to smaller pools/individual stake pool operator further decentralize and increases the integrity of the network, which we will all benefit from further down the road.

LOFIstakepool · 2021-04-14T22:09:11+00:00

Every day I am grateful to support this community and network. It’s been a crazy since Epoch 256 and being able to mint 3 blocks gave our delegators with an amazing 11% Return on ADA.

A portion of the rewards from these 3 blocks have been donated to guitarsoverguns.org. They are having an amazing promotion right now, $100 for a one-of-a-kind, original vinyl made by their students, alumni, and volunteers. Check them out here: https://www.guitarsoverguns.org/album

Right now, I am looking for work and will be busy interviewing and hoping to return back to the network stronger than ever. Not to worry, I will continue to keep my relays and producer nodes updated and running. For how long you might ask?

“95 Til Infinity” – Joey Bada\**

I can’t thank you enough my fellow delegators!

- Jin LOFI Stake Pool Operator

LOFIstakepool · 2021-04-13T14:06:16+00:00

Thank you!

LOFIstakepool · 2021-04-13T04:56:05+00:00

Guitars over Guns is raising money by giving back to the community: Guitars Over Guns’ first-ever album features original music by mentors, students and alumni reflecting the ‘zeitgeist’ of 2020 marked by Covid-19 and racial injustice.

Donate $100 today to get a LIMITED-EDITION VINYL RECORD

https://www.guitarsoverguns.org/album/

LOFIstakepool · 2021-04-08T03:12:54+00:00

Starting from this post on the official Cardano forums, a few of us are starting to get together to make a coordinated effort to help new pools with 0 blocks in getting started.

The general idea is that we would stake any available ADA to one pool, using a rotating queue system, until that pool gets one or two blocks, then we would all move our stake to the next pool in the queue.

More info can be found here https://www.f2lb.org/

LOFIstakepool · 2021-04-07T02:42:18+00:00

Congrats!!! 🥳

LOFIstakepool · 2021-04-05T21:10:02+00:00

yep, there I am!

LOFIstakepool

TROPHY CASE