By simply delegating your Ada with us, you are helping secure the Cardano network the reason why you earn rewards by doing so. Our Stakepool is a reliable server node that holds the combined stake of various stakeholders in a single entity. We are responsible for processing transactions, producing new blocks and are at the core of Ouroboros, the Cardano proof-of-stake protocol.
All pools have 1.25% fee – as they ALWAYS will! Cardano implemented a minimum pool cost of 340 ADA. There is no way around this for any stake pool. This amount is subtracted from the total pool rewards after each epoch (5 days on mainnet), and then the rewards are divided between the delegators.
If the total pool rewards for an epoch is 100,000 ADA, we first subtract 340 ADA as the pool cost. That leaves 99,660 ADA as rewards. Based on these 99,660 ADA, the pool takes 1.25% (1,245.75 ADA) and the rest of the rewards (98,414.25 ADA) are then distributed to the delegators. The total pool rewards for an epoch depends on the saturation level of the pool.
Daedalus wallet is a desktop, full-node hierarchical deterministic (HD) wallet for Ada cryptocurrency. Easy installation with one-click setup of bundled Cardano node. This means you can stake your Ada in our pool without your Ada ever leaving your wallet. You always remain in control of your own funds.
Download the wallet HERE
Once a pool is fully saturated, you can still delegate to it, but it will not earn more rewards for it. The rewards will simply be shared between more delegators, hence giving you less rewards. Always delegate to a pool that has NOT too much delegation or NOT fully saturated!
Whenever the needs of running the Cardano stake pools changes, our setup will scale with the requirements. We also made sure that our pool is securely setup, is fully automated and monitored 24/7. Our technology ensures that the pool will have the highest possible availability, so we never miss a block.
Trust BANK OF ADA to deliver great performance, and let us build your trust, so that you will never select any other pool. Besides ensuring you high rewards that are among the best-in-class of all stake pools available, our vast experience in ICT and Finance will assure you that we will deliver the best results for you.
Stakepool operation is our passion. Our roots started within the Shelley's Friends and Family Testnet. We are committed to providing top quality staking services to all of our delegates for many years to come.
Staking your ADA is about securing the Cardano network, and earning rewards for doing so. The BANK OF ADA believes that anyone should be able to earn great rewards from staking.
For this reason, we have dedicated ourselves to charge a maximum of 1.25% variable fee – ALWAYS! This is among the absolute lowest stake pool fees you will be able to find, and will ensure you the highest rewards from staking your ADA.
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"Thanks guys, keep up the good work! It fits our needs perfectly. You won't regret it. If you aren't sure, always go for Bank of Ada."
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