Key features of our pool
We are professional pool operators, and we here to contribute for a better blockchain ecosystem
We want to be part of the next technology revolution, that's why we're 100% commited to Cardano
Staking your ADA with 🔥FOX🔥 is about securing the Cardano network, and supporting decentralization
We're commited to 1.9% fee + 340 Fixed cost
The ones who runs 🔥FOX🔥 Pool
These are network participants with the skills to reliably ensure consistent uptime of a node, which is essential in ensuring the success Cardano network as a whole.
The protocol uses a probabilistic mechanism to select a leader for each slot, who will be expected to create the next block in the chain. The chance of a stake pool node being selected as slot leader increases proportionately to the amount of stake delegated to that node. Each time a stake pool node is selected as a slot leader and successfully creates a block, it receives a reward, which is shared with the pool proportionate to the amount each member has delegated. Stake pool operators can deduct their running costs from the awarded ada, as well as specify a profit margin for providing the service.
Saturation is a term used to indicate that a particular stake pool has more stake delegated to it than is ideal for the network, and once a pool reaches the point of saturation it will offer diminishing rewards. The saturation mechanism was designed to prevent centralization by encouraging delegators to delegate to different stake pools, and operators to set up alternative pools so that they can continue earning maximum rewards. Saturation, therefore, exists to preserve the interests of both ada holders delegating their stake and stake pool operators. The goal is to avoid any single pool becoming too large – thereby disincentivizing delegation to other pools – and receiving a disproportionate amount of the rewards. The health of the network is partly determined by having a high number of active stake pools with a balanced amount of stake delegated to them. The more numerous and geographically diverse the network’s pools, the better.
The performance metric is an indicator of how well a stake pool is performing. It is given as a percentage, and is measured by how many blocks the stake pool has produced compared to how many it was expected to produce. For example, if a pool only produces half the number of blocks that it was nominated for, its performance rating is 50%. This could happen because the pool has a poor network connection, or has been turned off by its operator. Performance ratings make more sense over a longer period of time. If a pool has not yet been selected to produce a block in the current epoch, its performance rating will be 0%, even if it is likely to produce blocks later in the epoch. Performance ratings of over 100% are possible if a pool creates more blocks than it was nominated to produce. In Daedalus and Yoroi, performance contributes to a stake pool’s ranking.
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If you select a bad pool operator. The pool could fail, blocks be missed or it could completely go out of business. This means missing out on your staking rewards. We offer high rewards, because we're commited to charge low fees and because our nodes are always running and monitored 24/7
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