Categories
#Shelley Mainnet

Redeem Your ITN Rewards Now

For the ones who didn’t do so yet, with the latest Daedalus Mainnet wallet you can now redeem your ITN rewards.

Once you have redeemed your ITN rewards, consider staking them with us.

We provide our delegators with a professional stake pool operation. Our stake pool operation consists of ten nodes in different data centers, spread over two geographical regions.

Our stake pools are operated by an experienced team of IT experts with a background in cryptography, security and enterprise cloud native solutions.

We are looking forward to serve your delegation. We will make sure that your delegation will be treated with the greatest care to generate the best possible ROS.

Categories
#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 !

Categories
#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.

Categories
#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.

Categories
#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.

Categories
#Shelley Mainnet

Demystifying The Myth For Delegators

Most delegators think that low stake pool fees will deliver them a better return on stake. But is this true?

That is not exactly how it works. The stake pool performance will deliver delegators better rewards, not a lower stake pool fee percentage. The amount of pledge, delegation and the infrastructure of the stake pool plays and important role in this.

Many pool operators are taking advantage of the limited understanding of the delegators. They are running a stake pool at the start with very low pool fees, 1 – 2%, to attract delegators only. In fact a pool fee of 1 or 2% is economically not viable for a professional run stake pool with many relays.

Delegators who are not aware of this are delegating blindly into these low fee stake pools in the hope for more rewards on their stake. In fact they are staking with a bad actor. A pool operator can change the stake pool fee at any time, so it is not even said these stake pools keep their fees this low in the future.

Another thing we noticed is, there are many stake pools with a high pledge but in fact these stake pools did not pledge that amount of ADA at all. By having a high pledge in their stake pool configuration they suggest they have pledged that amount of ADA in the hope that delegators fall for this trick and delegate with them.

There is a saying when things seem too good you better keep your fingers from it, since they might get burned.

Do not get tricked by stake pool operators that are not playing a fair game and just want to get hold of your ADA in delegation, to grow their stake in the network unethically . If you can, verify the amount of pledge they really added to their pool or ask someone that can do this for you.

Be mindful choose trusted stake pool operations that are open in their communication and transparent about their plans, now and in the future. Stake pools that have locked their pledge for multiple years and take a fair share of fees to be able to finance their stake pool operation. After all you want the operation you are delegating to not to go out of business.

Categories
#Shelley Mainnet

First Delegations Are In

It is finally happening, we have our first delegations in. We like to say a thank you to the delegators that put their trust in our hands by choosing to delegate with us.

But to me personal the amount of delegation after two days is kind of disappointing. Especially when compared to other stake pool operations who were able to collect already millions of delegation in the same time frame.

Not only over the last 3 months i put all my energy and effort in this project, i was also involved in the Incentivized Test Network. Unfortunately due to the instabilities of Jormungandr this was not very successful.

I got involved in the ecosystem and was invited to other stake pool operator groups and had a chance to talk to other professionals. From this i gained a lot of knowledge but also trust and direct private connections which were valuable to extend our network connectivity on the Cardano Shelley mainnet.

Also i did help out a lot of other people in trying to setup a stake pool operation. Due to this i was able to detect that many people really should not run a stake pool operation because they simply lacking the skills for it. There is only so much you can learn in a short time frame of 3 months, it is definitely not compensating for the lacking experience and linux skills needed to maintain an enterprise grade solution.

As ADA4PROFIT we are providing our delegators with the skills and expertise needed to run and maintain complex enterprise environments like a stake pool.

We have over 25 years experience with complex software solutions, are running our own software development company and as such we are backed by our own development team.

We are planning to build our own blockchain based solutions on top of Cardano. Something we have already done before on Ethereum, on which we have several solutions running for our clients.

We committed ourselves to this project because of the many unique aspects of this project.

Our stake pools pledge is locked for the coming three years to show our commitment.

We are currently maintaining 10 cloud server machines in different locations around the world. The majority of them are bare metal servers, to achieve the best results in forging blocks for our delegators.

We opened our own Youtube channel to inform you about Cardano and blockchain related topics. We produced our own content and made a delegation guide for the community and many more things to come.

Unfortunately we can not do this alone. We need your support, the support from delegators to achieve our personal goals. Delegators who are in search of a stake pool operation, that can guarantee them with good return on stake.

We will not disappoint you. Our infrastructure is in place and we are providing the expertise required to run and maintain complex enterprise environments.

Our infrastructure was battle tested over the last months, now it is ready to work for our delegators to provide them with an excellent return on stake.

If you are also as committed as we are, you should consider us together we can dot this. Delegate your stake with us to achieve the best results on your stake.

Categories
#Shelley Mainnet

It Is Time To Delegate

In our previous post “Delegation Guide” we mentioned that we would inform the community about the availability of the new Daedalus Mainnet wallet.

Yesterday we had the launch of Shelley at 22:45 PM UTC, the Cardano network became fully decentralized. A moment we all looked forward to.

As pool operators and owners we worked hard to have our infrastructure in place for this moment where users can start delegating their stake to stake pool.

In below scheme you can see that you can start delegating your stake to the stake pool of your choice. Your delegation will become active on the 8th of August and the first rewards will be delivered on the 18th of August to your wallets.

In order to delegate you have to download the new Daedalus Mainnet wallet for your operating system.

Click on the image to go to the Daedalus download page

The new Daedalus (Shelley) Mainnet wallet will automatically import your wallets from the Daedalus Byron Mainnet wallet.

Once the chain is checked and synced up, your Byron Mainnet wallets will appear.

In order to delegate to one or more stake pools, you have to create one or more new Shelley wallets. Please be careful! Write your passphrases (now 25 words) down and double check them. Assign a spending password and save both your passphrase(s) and spending password(s) in a safe place, don’t loose them !

After this you can move your ADA from your Byron Mainnet wallet(s) to the newly created Shelley Mainnet wallet(s). For this you need your Byron Mainnet spending password at hand.

Once you have your ADA in your new Shelley Mainnet wallet(s), you can start the delegation process. In case you like to know more about this process or how to choose a stake pool, download our Delegation Guide. (Note: The delegation guide is based on Haskell Testnet 3, but the delegation process is exactly the same. We will do our best to update this guide on basis of the new Daedalus Mainnet wallet shortly.)

We would love to see you joining our stake pools A4PEU (JUNO) or A4PUS (SATURN). Our stake pools run on cloud-native infrastructure provided on bare metal servers in the US and Europe. ADA4PROFIT is operating in total 10 servers, 6 public relay nodes, 2 hidden relay nodes and 2 stake pools, to guarantee an excellent return on stake for our delegators.

Categories
#Shelley Mainnet

Shelley Is Here

To the whole team of IOHK and the community a big thumbs up. From the successful Incentivized Test Network into a fully decentralized network Shelley. These were great achievements made in the past few months months.

Where many people were very skeptical about this project because of the “slow process”, they will be proven wrong. Cardano is here to stay and will start gaining traction on basis the launch of Shelley mainnet. It will outperform most of the other projects because of their formal methods and scientific approach. Reason for this is a solid foundation for the future and the hard work that they put into this project. Instead of rushing out functionalities, or simply forking from another blockchain. Specifications are being reviewed, by the smartest people in the industry.

Past months were exciting and sometimes tiring, because of the pace in which the updates came to us as stake pool owners and operators. Looking back it was worth all the effort. IOHK delivered according to plan that was communicated to us. A great achievement.

We are thrilled to be a part of this experience. We are looking forward to all the great things that’s still to come from this amazing team and community.

ADA4PROFIT is live on the Mainnet thanks to a great achievement of the Cardano project team. Also, because of the many contributions that came out of the community.

Shelley Mainnet Wallet

The whole experience was, in one word, great! From the preparation to get our nodes up and running, to the collaboration between different stake pool owners and operators, and the release of the new Daedalus Mainnet wallet after the hardfork.

We are looking forward to the journey we are going to make together with Cardano, hopefully you do to.

Join us in this journey by delegating your owned ADA to our stake pools JUNO (ticker A4PEU) and SATURN (ticker A4PUS). We will take care of a flawless operation and excellent return on stake.

Categories
Shelley Mainnet Candidate

Shelley Is Close To Launch

Shelley is close to launch, according IOHK things are looking pretty good. IOHK is pretty confident that they are going to make the deadline for Shelley.

Read about the news above, in following update article of IOHK https://forum.cardano.org/t/here-s-a-brief-shelleysaturday-update/36382

MC4 (Mainnet Candidate 4) is most likely the last version for Shelley Mainnet lauch. Cardano will become a fully decentralized network. Already there are over 200 stake pools registered on MC4.

We registered our stake pools JUNO (ticker A4PEU) and SATURN (ticker A4PUS) on MC4 this morning 8 AM UTC.

The launch of Shelley will make Cardano one of the most decentralized open source blockchain networks. It will be at least 10 times more decentralized than Bitcoin, and this is just the start. The majority of stake pools still have to register themselves on MC4.

Today or tomorrow, we are expecting a new Daedalus Shelley wallet. This new wallet works with MC4 and it will be Shelley compliant. Everyone will be able to import their Byron wallets from the Byron Mainnet and transfer their tADA (test ADA) from last weeks snapshot to a Shelley compliant wallet.

Pool operators can pledge to their pools. regular users and pool operators can delegate to any stake pool.

Everyone can participate in testing with their snapshot tADA by delegating to stake pool.

Get yourself familiar with the procedure in anticipation of the Shelley Mainnet launch coming month . You will be able to earn return on stake on your ADA ownership. For this you have to delegate it to a stake pool. With your delegation you are helping to secure the Cardano network.

In our previous post, we provided a very detailed delegation guide that was based on STN2 (Shelley Testnet 2), this network will be shortly taken down by IOHK. We will rework this document on basis of MC4 shortly once the new Daedalus Shelley wallet is available for us.

Please subscribe yourself to our social media channels so you will notified about the latest version of our delegation guide.