#Shelley Mainnet

Long Term Viability Of A Cardano Stake Pool

Many Cardano stake pools are advertising their low variable fees as a unique selling point towards delegators.

But what does this tell you about these stake pool operators?

• Do they work for nothing ?

• Is this maybe a hobby project for them?

• Or are they maybe just running one or two nodes on their home computer ?

You can ask yourself the question how viable these stake pool operations are. What kind of work are they putting in their stake pool now and in the future?

It is obvious that I can buy a cheaper car than a Mercedes or BMW but will I get the same comfort, performance, service and guarantee ? Everyone probably knows the answer.

This is exactly why ADA4PROFIT is not decreasing its variable fees. We want to provide our delegators with the best quality staking services, that gives them the comfort, performance, service and guarantee not only now but also in the future. Variable fees are required to cover operational and maintenance costs to keep the staking services viable.

Instead of lowering our variable fees, we guaranteed our delegators from the start that we return these fees automatically in our stake pools for a period of 3 years. For our delegators this means better return on their stake since these fees are compounding as delegation.

Next to this our pledge is locked for the same period of time.

What keeps you from staking with us !

#Shelley Mainnet

New How To Delegate Guide For New Daedalus Mainnet Wallet

We are proud to present to you today with a new simplified delegation guide. Based on the new Deadalus Mainnet wallet.

Our first guide was published on 07/25/2020. This guide was based on the Daedalus Testnet wallet. You can find the post under “Delegation guide.” The guide itself can be downloaded here.

In that guide we made a promise to keep it updated.

We are keeping up with this promise by providing the Cardano community with a new simplified delegation guide. This is for the new Daedalus Mainnet wallet. Which supports both the Byron and the Shelley era of the Cardano blockchain.

In our guide, the following topics are covered:

• How to convert a Byron wallet to a Shelley compatible wallet

• How to delegate your ADA stake to a stake pool

• How to restore a wallet in the new Daedalus wallet

If you think our new simplified guide is not giving you enough information about Cardano; transferring ADA from an exchange to the Daedalus Mainnet wallet or delegating your ADA stake to a stake pool. You are still able to download our previous and more detailed guide. Most of the content of this guide is still valid. Now, you should use the new Daedalus Mainnet wallet. Then you can use your own ADA, instead of tADA (test ADA) from a faucet.

You can download our new simplified delegation guide here.

We hope you like our contribution! Please consider delegating your ADA stake with ADA4PROFIT, in our stake pools A4PEU or A4PUS.

#Shelley Mainnet

A Personal Thank You

Today we got a very generous delegation to our stake pool of 1.7 mln ADA. This is bringing our stake pool JUNO back on track and within the top 200 stake pools where in our opinion we belong.

We like to thank this anonymous delegator very much for his/her trust in our stake pool operation.

ADA4PROFIT is very ambitious and aiming for a top 100 spot with our stake pool JUNO.

In order to achieve this we are not sitting still, but we are creating more content, so that potential delegators can see that besides technical knowledge we know what it takes to run a professional business.

For ADA owners who didn’t delegate their stake yet, join us in our ambition to reach a top 100 spot.

ADA4PROFIT is welcoming you to our stake pools JUNO and SATURN, together we can make this happen. We will take care of excellent returns on your stake.

#Shelley Mainnet

10 Reasons To Delegate With ADA4PROFIT

1. Our pool pledge is locked for 3 years.

2. Variable stake pool fees are automatically delegated back into our stake pools during a period of 3 years. Our delegators will immediately profit from this.

3. Our nodes run on dedicated bare metal servers for the best performance to forge blocks. Proof for this was delivered during the HTN.

4. Excellent network connectivity to forge blocks is guaranteed. We are operating 6 public relay nodes, 2 hidden relay nodes and 2 stake pools on different locations.

5. We operate our nodes from different data centers to guarantee 24/7/365 up time of our nodes.

6. Our nodes are deployed as micro services. This makes them portable and independent from the operating system. This allows us to switch servers/data centers easily in case this would be required.

7. Monitoring and alerting of our infrastructure is in place to guarantee excellent up times.

8. Our nodes are DDOS protected.

9. Our stake pool nodes are shielded from external communication, only our own relay nodes are able to communicate with our stake pools.

10. Proficient linux, network, and security skills, with over 25 years of experience of enterprise software solutions.

We could give many more reasons why you should delegate your stake with us. Please contact us directly via Telegram or email in case you are interested in delegating your ADA with us.

Bonus reason:

Stake pool operator is running a software company with a dedicated team of 8 software developers that is active in the field of machine learning, artificial intelligence and blockchain.

The stake pools operator software company is planning to build solutions on the Cardano blockchain. Various ideas have already been worked out and are waiting for Goguen to be released. They will be proposed to the Cardano foundation to be sponsored by the treasure.

Currently the stake pool operators software company is already operating and maintaining blockchain based solutions for their clients on the Ethereum blockchain.

Shelley testnet

Shelley Testnet Phase II Ranking

Now we are moving towards the Mainnet Candidate 1.15.1, we summarize our experience with the Shelley Testnet phase II.

Early on, boarding in Shelley Testnet phase II helped us climb the ladder very quickly. Ranking 6 and 7 for both our pools.

At the moment we joined, only 40 pools were registered and visible in This gave us an advantage over other stake pools to quickly forge our first blocks.

It was obvious that saturation for our pools Juno (ticker A4PEU) and Saturn (ticker AP4US) would become a problem. The increasing pace of forging blocks and re-delegation of staking rewards to our stake pools. What we expected happened, 198% saturation for Juno and 165% for Saturn.

Instead of sitting still and trying to keep up with a top 10 ranking. We decided to help other stake pools by unloading our own delegation and delegate it to other stake pools.

Delegation to other stake pools
Our delegation to other stake pools on Shelley Testnet and our current ranking on 7/11/2020

It reduced the saturation of our stake pools and we lost our top ranking, but we are glad we did and helped other staking pools in forging their first blocks.

Our results are still awesome, Juno forged 273 blocks and Saturn 283 blocks and the number of blocks is still ongoing with every epoch.

Sorting on Lifetime Blocks in ADAPROFIT still belongs to the top performing stake pools on Shelley- Testnet phase II.

ADA4PROFIT is proud of these results which were in line with our previous results on Shelley-Testsnet phase I.

We are looking forward for Shelley Mainnet where we are going for similar results to guarantee delegators to our pools with excellent return on stake.

Shelley testnet

What is Delegation?

Delegation on the Cardano blockchain is the process by which ADA holders delegate their ownership of ADA to a stake pool. It allows ADA holders that do not have the skills or desire to run a node to participate in the network and be rewarded in proportion to the amount of stake delegated.

This image has an empty alt attribute; its file name is cardano-community-stake-pool-1024x538.jpg
Enjoy the elegance of staking with a stake pool and reap the fruits from the stake pool operators hard work to achieve the best results for you. Your ADA or tADA is always under your control.

During the ITN (Incentivized Testnet) the rewards for delegation were real and they will be transferable to the mainnet in a later stage. Now that ITN has come to an end and the switch is made to Shelley testnet (Haskell version of the Cardano node), rewards won’t be transferable to the mainnet.

Shelley testnet is mainly for pool operators to get familiar with the network and to experiment with the different factors in operating their stake pool. Pool operators can prepare themselves this way for the upcoming mainnet.

At the moment of writing there is no way for ADA holders to delegate their ownership of ADA to a stake pool.

An easy interface for ADA holders is in preparation for the launch of mainnet so that ADA holders can delegate their stake in a convenient way via their wallet into a stake pool and claim there stake back at any moment.

Currently there is only one way to interact with the Cardano blockchain on Shelley testnet, this is via the Cardano-cli (Command line interface).

Via the Cardano-cli a user can create a payment and staking address, both addresses come with a signing and verification key and the staking address comes with a owner staking certificate.

Before the staking address can be registered on the Cardano blockchain the payment address needs to have some funds to be able to facilitate a transaction. For this a faucet is in place where the user can request free tADA.

Faucet requests can be made using the following command:
curl -v -XPOST “<payment address>

Once some tADA has been received on the payment address the staking address can be registered on the Cardano blockchain making use of the funds on the payment address to facilitate the transaction.

Next step is to generate a delegation certificate for the staking address, to delegate the staking address to the stake pool

This is about all there is to do to get your stake address working on the chain and earn worthless tADA. Your amount of rewards will be dependent on your total ownership of tADA. The pool fixed and variable rewards, the total delegation and a lottery on basis of these factors, the stakepool gets a block with transactions assigned. Once the outcome of the verification is correct and agreement upon this is achieved by other nodes, the pool will receive a reward for minting the block successfully.

The delegator will receive a percentage of this reward, based on its total ownership of tADA delegated to the pool, minus the pool operational costs and the pool rewards percentage.

If you like to try this process yourself, you can download the source code and install the Cardano-node, by compiling the sources via the haskell compiler, cabal and some additional libraries. You can find more details about this process on the github page of IOHK.

The outcome of the build process is a Cardano-node and Cardano-cli. The Cardano-node is required in order to run your own stake pool and relay(s) and the Cardano-cli is required start transacting on the Cardano blockchain.

If you are interested in experimenting with the Cardano blockchain, you are invited to join our Telegram group. There we can openly discuss the topics that you are interested in about the Cardano blockchain. Either running a stake pool or delegating your stake.