The Dilemma

Delegate stake to a small pool is not an easy choice from a delegator perspective. Bigger Pools provide better returns because the fixed cost splits across multiple delegators. Additionally returns come in very infrequent. Anyways centralizing to a few big operators like exchanges is against the decentral vision of Cardano. We understood this dilemma and want to compensate it with an unique offer.

The Offer - Best Rate Commitment

We want to pay the same ROA like the average top 100 saturated pool! Additionally we add 5% on that rate.

Benchmark Rate

We calculate a benchmark rate. It is defined as the average ROA of the top 100 saturated pools + 5%

Fixed Cost Sharing

To achieve the benchmark rate we share the fixed cost. A remaining part of 0-100 ADA stays with the operator

Grow together

You get over average rewards and we get a fair chance to mint a constant amount of blocks earlier. Let's grow together!

Rewards flow in detail

Details

  • Starting from Epoch 273 we share fixed cost in every Epoch which generates Rewards (at least one block)
  • With the current saturation of ~500k ADA the payout will happen 2-3 times / month on average. This can vary based on luck.
  • Between 0-100 ADA of the fixed cost stays at the operator. The rest is distributed based on active stake. The exact ADA which stays at the operator is calculated to match the benchmark rate. With the current saturation (500k) the fixed cost will be 19 ADA. From there it's increased to a maximum of 100 ADA at a saturation of roughly 5.5 million. The calculation example chart below shows how the fixed cost defined based on active stake. The current rate can be seen on the Stats Page
  • You can find a detailed calculations of your rewards in the App, or in the online google sheet.
  • The offer is active until 30.9.2021 or until we reach a saturation of 3 million. Our commitment to max 100 ADA fixed cost stays active even after this offer finishes.

Terms

  • No legal claim.
  • Rewards can only be shared if a block is generated. This depends on luck in the Cardano network. On average 1 block is assigned per epoch with 1 million active stake.
  • If the benchmark rate is not achievable even by sharing all 340 ADA of fixed cost we are sharing the full fixed cost but are not adding additional rewards.
  • The payout is timed in alignment with Cardanos Delegation cycle explained here
  • If you move to a different pool open fixed cost sharing payments loose validity. This does NOT affect native Cardano Rewards which are anyways paid out.

Calculation Example

The following example shows how we set our rate. Up to 5.5 million active stake the fixed income is used to achieve the Benchmark rate. Over 5.5 million the fixed income is capped at 100 ADA which increases delegators ROA. At any time the average rewards are 5% higher than the average top 100 saturated pool in a 100% luck scenario.

Step by Step guide on how to stake Cardano with the Yoroi Wallet