Categories
#Shelley Mainnet

Bonus ADA Campaign Extended With Two Extra Epochs

Because of an epic epoch 217 with a 16,24% ROS according to pooltool.io although adapools.org corrected this to 15.54%. We produced 5 blocks and we decided to extend our bonus ADA campaign with two extra epochs. Our terms & conditions are adjusted, they are favorable to earn even more bonus ADA. In case you join our stake pool before epoch 219 or 220 you would be eligible to earn bonus ADA .

People who are still doubting on our pool performance, are able to judge themselves on basis of the results in epoch 218 before committing themselves for 5 epochs.

We are confident that our stake pool JUNO ticker A4PEU will do just fine, hopefully we will be able to replicate our success in epoch 217 also in the coming epochs.

In short, we are in search for 10 mln extra ADA to be staked in our pool. Main reason for this is we want to grow our small stake pool.

We like to be competitive and produce blocks on a regular basis during an epoch and be less dependent on the randomness of the lottery.

Our goal is to see our stake pool produce multiple blocks within an epoch like it did in epoch 217. This will help to improve the decentralization and security of the Cardano network.

An additional 10 mln ADA staked in our stake pool will help us to achieve our goal.

Below you will find the distribution of stake over stake pools.

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Majority of the stake is concentrated with a few stake pools which is not good for the decentralization and the security of the network. It would be better for the network that delegators to these large pools would switch to smaller stake pools.

Bonus ADA campaign

We started our bonus ADA campaign in epoch 217 to attract new stake to our stake pool for epoch 218 and are now continuing it for two more epochs. Delegate your stake with us and receive bonus ADA. Your stake needs to stay in our stake pool for five consecutive epochs starting from epoch 219 or epoch 220.

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Earn free ADA for a period of 5 epochs by delegating your stake with us before epoch 219 or 220. These free rewards are on top of the existing pool rewards and our stake pool terms & conditions that favor our delegators. Your bonus ADA will be airdropped by us to your communicated wallet address at the end of the fifth epoch.

Terms & conditions campaign

Following terms & conditions do apply to our campaign:

• You need to delegate your stake for a minimum of 5 consecutive epochs with us.

• Bonus ADA rewards are only applicable for a minimum of 5 consecutive epochs starting from epoch 219 and 220.

• We will distribute the bonus ADA rewards at the end of the 5th epoch, thus epoch 223 or 224 depending on your entrance.

• You need to delegate your stake with us before the start of epoch 219 or 2020.

• Delegate 100K ADA or more with us and you get 20 bonus ADA per epoch (maximum 100 ADA plus an extra bonus of 12 ADA).

• Delegate 250K ADA or more with us and you get 45 bonus ADA per epoch (maximum 225 ADA plus an extra bonus of 26 ADA).

• Delegate 500K ADA or more with us and you get 90 bonus ADA per epoch (maximum 450 ADA plus an extra bonus of 52 ADA).

• Delegate 1M ADA or more with us and you get 200 bonus ADA per epoch (maximum 1000 ADA plus an extra bonus of 115 ADA).

• A combination of the above is also possible. For example you are delegating 355K ADA with us. In this case you insure yourself of 20 plus 45 ADA = 65 bonus ADA per epoch plus an extra bonus of 38 ADA.

• Everyone that is delegation 20K or more is going to be part of a raffle. We are giving away 250 bonus ADA, that will be shared equally between two winners. The raffle will take place at the end of the fifth epoch starting from epoch 219 and 220.

• For our existing delegators the same terms & conditions apply.

• In case you like to increase your stake, this stake will not be eligible for bonus ADA in case epoch 219 or 220 is already started.

• Decreasing your stake after the start of epoch 219 or 220 will disqualify you from bonus ADA. We need your stake during a period of 5 consecutive epochs to produce more blocks and grow our stake pool. Removing your stake will be counter productive and as such will be penalized

• We have a max cap of 20M ADA for this action on a first come first serve basis. In case our new stake would exceed 20M we are not paying any bonus ADA over this exceed.

• New and existing delegators should provide us with proof of their delegation. You should provide the following information to us. Source address from which the delegation took place, transaction id and the amount of ADA delegated. You should provide this information as soon as possible to us. We will verify this information.

Airdrop

We guarantee the airdrop at the end of the fifth epoch to everyone complying with the above terms & conditions. We will only airdrop to delegation source addresses to avoid scamming.

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You can delegate your stake with us via Daedalus, ADAlite or Yoroi wallet. The last two wallets also support cold staking via ledger or trezor hardware. See tutorial videos on our YouTube channel for cold staking.

Responsibilities

ADA4Profit is not responsible for possible wrong provided information by the delegator. So please check your information carefully before handing this information over to us.

Contact us

Contact us via direct message or via our telegram group if you like to be part of this campaign. We like to come to an agreement with you to grow our stake pool.

Hurry up if you want to reserve your spot and support small pool operators in achieving their goals. First come first serve.

We are looking forward for your stake contribution, we won’t disappoint you.

Thank you, John & Ron

Categories
#Shelley Mainnet

Join Us And Earn Bonus ADA

Promotion campaign

We are in search for 10 mln ADA stake before epoch 218. Main reasons for this search is to grow our small stake pool. We like to be competitive and produce blocks on a regular basis during an epoch.

Our stake pool JUNO ticker A4PEU is at the moment too small to produce more then one block per epoch. We have produced 4 blocks since epoch 210 and have not been very lucky in the lottery.

Our goal is to see our stake pool produce multiple blocks within an epoch. This will help to improve the decentralization and security of the Cardano network.

An additional 10 mln ADA staked in our stake pool will help us to achieve our goal.

Below you will find the distribution of stake over stake pools.

Majority of the stake is concentrated with a few stake pools which is not good for the decentralization and the security of the network. It would be better for the network that delegators to these large pools would switch to smaller stake pools.

Bonus ADA campaign

We started this campaign to attract new stake to our stake pool. Delegate your stake with us and receive bonus ADA. Your stake needs to stay in our stake pool for five consecutive epochs starting from epoch 218.

Earn free ADA for a period of 5 epochs by delegating your stake with us before epoch 218. These free rewards are on top of the existing pool rewards and our stake pool terms & conditions that favor our delegators. Your bonus ADA will be airdropped by us to your communicated wallet address at the end of the fifth epoch.

Terms & conditions campaign

Following terms & conditions do apply to our campaign:

• You need to delegate your stake for a minimum of 5 consecutive epochs with us.

• Bonus ADA rewards are only applicable for a minimum of 5 consecutive epochs starting from epoch 218.

• We will distribute the bonus ADA rewards at the end of the 5th epoch, thus epoch 222.

• You need to delegate your stake with us before the start of epoch 218.

• Delegate 100K ADA or more with us and you get 10 bonus ADA per epoch (maximum 50 ADA).

• Delegate 250K ADA or more with us and you get 30 bonus ADA per epoch (maximum 150 ADA).

• Delegate 500K ADA or more with us and you get 65 bonus ADA per epoch (maximum 325 ADA).

• Delegate 1M ADA or more with us and you get 150 bonus ADA per epoch (maximum 750 ADA).

• A combination of the above is also possible. For example you are delegating 355K ADA with us. In this case you insure yourself of 10 plus 30 ADA = 40 bonus ADA per epoch.

• Everyone that is delegation 25K or more is going to be part of a raffle. We are giving away 250 bonus ADA, that will be shared equally between two winners. The raffle will take place at the end of the fifth epoch starting from epoch 218.

• For our existing delegators the same terms & conditions apply.

• In case you like to increase your stake, this stake will not be eligible for bonus ADA in case epoch 218 is already started.

• Decreasing your stake after the start of epoch 218 will disqualify you from bonus ADA. We need your stake during a period of 5 consecutive epochs to produce more blocks and grow our stake pool. Removing your stake will be counter productive and as such will be penalized

• We have a max cap of 20M ADA for this action on a first come first serve basis. In case our new stake would exceed 20M we are not paying any bonus ADA over this exceed.

• New and existing delegators should provide us with proof of their delegation. You should provide the following information to us. Source address from which the delegation took place, transaction id and the amount of ADA delegated. You should provide this information as soon as possible to us. We will verify this information.

Airdrop

We guarantee the airdrop at the end of the fifth epoch to everyone complying with the above terms & conditions. We will only airdrop to delegation source addresses to avoid scamming.

You can delegate your stake with us via Daedalus, ADAlite or Yoroi wallet. The last two wallets also support cold staking via ledger or trezor hardware. See tutorial videos on our YouTube channel for cold staking.

Responsibilities

ADA4Profit is not responsible for possible wrong provided information by the delegator. So please check your information carefully before handing this information over to us.

Contact us

Contact us via direct message or via our telegram group if you like to be part of this campaign. We like to come to an agreement with you to grow our stake pool.

Hurry up if you want to reserve your spot and support small pool operators in achieving their goals. First come first serve.

We are looking forward for your stake contribution, we won’t disappoint you.

Thank you, John & Ron

Categories
#Shelley Mainnet

Updated Stake Pool Setup

Ten days ago we retired our stake pool SATURN to focus on just one stake pool JUNO. Since this decision we kept our existing infrastructure intact.

Due to lack of interest of investors to stake with smaller pools and bad luck in epoch 215 we decided to scale down. By scaling down we can safe some on cloud hosting costs.

Does scaling down mean that we compromise on our stake pool infrastructure? No we didn’t, in our opinion we a first class stake pool setup that is more robust then most of the top 100 stake pools. But please convince yourself of this.

To summarize:

• 4 public relay nodes in three different geo-graphically located data centers to provide redundancy.

• A hidden relay node that ensures that our pool node is always connected to the network. In case someone is planning for a denial of service attack on our public relay nodes we are still able to produce blocks.

• One pool node (ticker A4PEU pool name JUNO) with a hot standby in two different geo-graphically located data centers. In case of a problem in one data center we can switch quickly over to the other one so we are not missing out on block production.

Next to the above we have severe security measures implemented to keep our personal pledge and stake safe.

Long term commitment

We are thinking long term, this is the only reason for the above mentioned infrastructure setup.

It would have been very easy for us to spin up just one stake pool with limited pledge and one or two relays. We decided against this. Our reasoning: we wanted to provide our delegators with a stake pool service level where they don’t have to worry. Next to this we want to contribute to the overall security of the Cardano network.

Lottery first class ticket required

The Ourobouros Proof of Stake protocol is working on basis of a lottery. A stake pool with a lot of stake gets a ticket with a high chance (first class ticket) to produce one or multiple blocks during an epoch.

The majority of the delegated stake is concentrated in large stake pools. These pools are earning the majority of the rewards since they get blocks assigned.

This made many of these pool owners decide to spin up even more stake pools with little or no pledge and very low margins just to receive the fixed costs per epoch.

Many delegators are not aware of this when they choosing for these stake pools because of their low fees.

These delegators are ruling out smaller stake pools to produce blocks and they are indirectly undermining the security of the Cardano network.

For delegators it would be better to spread their stake over smaller stake pools, this would contribute to the decentralization and security of the network.

Since the Ourobouros block assignment lottery is developed so that blocks are spread evenly over time to equally staked pools. This should bring the delegator similar or even better rewards than delegating their stake to a large pool.

Beside the system was never designed to make a few stake pool operators filthy rich from the stake pool margin and pledge.

By delegating your stake to smaller pools like ours, these stake pools can also reach the level of that first class ticket. This would support a better decentralization and security of the network

Goal

Our goal is to reach a minimum stake of 10 million ADA . With this goal reached, we can produce blocks every epoch (a first class lottery ticket is required for this) and are not dependent anymore on randomness of the lottery.

We need your help to reach this minimum stake target of 10 million ADA, please delegate your stake with A4PEU.

Our current delegators are very loyal towards us and enjoying the discussions in our telegram channel. Another good reason to join us.

We won’t disappoint you, we have already proven that our stake pool is able to produce blocks.

Categories
#Shelley Mainnet

Using The Correct Terminology

As stake pool operators and Cardano enthusiasts we are often using the wrong terminology when communicating to our target audience.

So hence it is good to make clear to everyone what terminology to use when talking about staking and delegation.

Staking and delegation are different concepts.

Someone who does not run a stake pool is delegating its right to stake, known as “stake delegation” to a stake pool. Therefore you’re not actually staking but you are passively participating in the consensus protocol of the network. Basically you’re handing over your right to stake to the stake pool owner.

Stake pool owners are “staking” on behalf of their delegators and are actively participating in the consensus protocol of the network. The stake pool owner is actively participating in the network via and infrastructure of nodes. These nodes can run in the cloud or on local machines.

There are three types of nodes in the Ouroboros Proof of Stake algorithm:

1. Core nodes also know as “block producing node” . These nodes can only be slot leaders and create blocks of a period of time known as epoch. Core nodes should only communicate to a stake pool own relay nodes and not be publicly exposed. The task of the core nodes is to forge blocks and secure the network against bad actors by validating the block and the individual transactions within the block on basis of cryptography. Core nodes cannot create currency transactions.

Forging is the process of creating new blocks based on the Proof of Stake algorithm with an opportunity (lottery system) to receive a reward in ADA.

2. Relay nodes. You can think of relay nodes as a proxy between core nodes and the public internet. Since relay nodes are not isolated they can be attacked. Relays are stateless and have no stake, they can be moved and the number can be increased or decreased. In case they are taken down, this does deny service but it does not harm the integrity of the core nodes. Relay nodes do not have stake, cannot be slot leaders or create currency transactions. Relay nodes can communicate directly with other relay nodes, edge nodes and its own core nodes.

3. Edge nodes. Only these nodes can create currency transactions and can run basically run on any computer. Edge nodes do not have stake and cannot be slot leaders. Edge nodes can only communicate directly with relay and other edge nodes. A sample of a edge node is Daedalus wallet.

So instead of using “Why not stake with us?” or “Stake with us” we should consider communicating to our audience in the correct terminology: “Why not delegate your stake with us?” or “Delegate your stake with us”.

We hope this article is contributing to a better understanding and communication towards our target audience.

Categories
#Shelley Mainnet

A4PUS Was Succesfully Retired

With the end of epoch 2013 our stake pool A4PUS – SATURN was successfully retired.

In case you didn’t re-delegate yet your stake on basis of our announcement, your ADA was automatically released and will be available for delegation through Daedalus, ADAlite and Yoroi.

We like to thank our delegators for their trust in us.

Unfortunately due to the market circumstances and not enough delegation we were not able to fulfill what we promised and had give up on our pool A4PUS – SATURN and merge it into A4PEU – JUNO.

Hopefully we see you back in A4PEU -JUNO under the same conditions, if not we wish you all the luck in staking with another stake pool.

We wish for all our delegators a high return on their stake, something we cannot guarantee if the lottery is not favoring us even though the probability calculation says something else.

We can only continue our efforts and do all that is possible for our delegators, by attracting more delegators. Since the protocol will only reward pools with enough stake. (The probability becomes higher to forge a block)

Despite dedicated hardware, fail-over, different datacenters, ddos protection, network connectivity, security, linux skills, experience and pledge, this all seems to have zero influence.

But we have enough points left where we differentiate from other stake pools and why you should stake with us, curious what these points are? Join our Telegram group

Categories
#Shelley Mainnet

Retiring A4PUS Merge Into A4PEU

Last night we took an important decision in which our existing delegators had an important voice.

We made the decision to retire our pool A4PUS [SATURN] and merge it with A4PEU [JUNO] so we can fully concentrate our efforts on A4PEU [JUNO].

Since the chances are very low for A4PUS [SATURN] to forge a block with the current delegation, we think it is better for the existing delegators to move over to our pool A4PEU [JUNO].

Merging and retiring A4PUS [SATURN] will have no consequences for current delegators. Pool parameters and conditions of the stake pool A4PEU [JUNO] are identical. You will still have a lucky shot during epoch 213 to forge a block with us in A4PUS [SATURN] and earn rewards.

Your delegation will have better chances for rewards in our pool A4PEU [JUNO] . Prove for this was delivered during epoch 212, see link here. Also you can see here that our delegation in A4PEU [JUNO] is still growing on the basis of our continuous efforts.

We ask delegators to stop delegating to A4PUS [SATURN] and choose for A4PEU [JUNO] instead to delegate their stake.

Thank you for your understanding, we think this decision will be in favor of you. We like to thank you for supporting our A4PUS [SATURN] initiative and we are looking forward to see you back in our A4PEU [JUNO] pool. In case you have any further questions, join our telegram group https://t.me/ada4profit_stakepool were we can explain the procedure in more detail.

Merge of the two pools into one A4PEU [JUNO] will take place tomorrow at 8 pm UTC, so try to re-delegate your stake before that time into A4PEU [JUNO].

Our first target for A4PEU [JUNO] is now 7 mln delegation, next 10 mln and after that to take the next leap to 20 mln. For this we need all the support we can get. We will do all that is in our power to reach these targets, many plans are already thought out for this.

Once we reach our target of 20 mln we might reconsider together with our delegators to re-open A4PUS [SATURN] again.

Cheers Ron & John