ABOUT

The main goal of our pools is to support the Cardano community, ecosystem and decentralization. We are offering a low staking fee, without compromising on performance and support.

The delegation of your ADA to our Cardano pools DOES NOT require you to send us your ADA; the delegation is a totally different operation and can be done in the following wallets:

  • Daedalus Wallet

    Daedalus is a full-node wallet which means that it downloads, stores and validates the full copy of the blockchain. It can operate in a trustless manner and it does not rely on centrally hosted servers.

  • Yoroi Wallet

    Yoroi is a light wallet, which means it does not download the full copy of the blockchain. It connects to trusted servers which have the full copy of the blockchain.

Cycle

The delegation/reward cycle is the following:




Once you delegate, you will have to wait between 15 and 20 days to get first rewards from chosen pool, provided the pool has signed blocks. After that, you would get rewards every 5 days.

Delegation A, in the diagram, would take 18 days from delegation to rewards.

Mainnet

Ticker: ANGEL
Pool ID: 00004614332ac81201d8302d4cb8262502af229256e143dc2156156e


  • - Pool specifications -

    OS: Ubuntu server 20.04 LTS
    Availability: 99.99%
    LOCATION: Nodes distributed in several locations, across Europe and USA
    SETUP: 6 Servers:
    1. Angel BP node
    2. Relay 1
    3. Relay 2
    4. Relay 3 (private/backup BP)
    5. Monitoring & Alerts
    6. Relay 4 & 5 (Unregistered with pools)
Ticker: SION
Pool ID: 0000558092d1645b110130bb1b9d449dced79bfccf313e2880e6cf38


  • - Pool specifications -

    OS: Ubuntu server 20.04 LTS
    Availability: 99.99%
    LOCATION: Nodes distributed in several locations, across Europe and USA
    SETUP: 6 Servers:
    1. SION BP node
    2. Relay 1
    3. Relay 2
    4. Relay 3 (private/BP backup)
    5. Monitoring & Alerts
    6. Relay 4 & 5 (Unregistered with pools)

LIVE STATS

The following websites list available pools in Cardano and provide a live comparison in terms of several factors such as live stake, epoch fee, variable fee, pool pledge, lifetime blocks, etc.

https://pooltool.io

PoolTool is an excellent website that has been developed by PapaCarp. It basically offers anything that a pool operator or delegator might need.
The information when you click on a single pool is very extensive. It basically list all the relevant metric epoch by epoch, with a supporting graphic interface. It also shows the history of blocks and list of delegators. For delegators, it shows the rewards history epoch by epoch, as well as the equivalent value in different currencies (USD, BTC, EUR, etc)

It has available a telegram bot (https://t.me/PoolToolBot) that allows operators and delegators to follow certain pools and be notificed in real time of changes of stakes, minted blocks, pool fees, etc.

https://adapools.org

Adapools is another excellent website for pools monitoring which boasts of an impressive graphic interface. It can be used by both pool operators as well as delegators. This website has suffered a massive overhaul for shelley mainnet. It allows to sort out pools according to different parameters such as share/stake, 30 day ROA, BPE, fees, Pledge, etc.
Adapools has implemented their own smart ranking calculation that takes a large number of parameters into account (ROS across several epochs, number of delegators and their stake variance, difference between active & live stake, etc). This ranking is used by Yoroi app.

It also has available a telegram bot (https://t.me/AdaPoolsOrg_bot) to notify anyone subscribed, in real time, every time a pool (s) signs a block. It also has other features such as a delegation newsletter.
Similar to pooltool, when you click on a single pool you get a list all the relevant metric epoch by epoch.

Other tools that can be used to monitor pool stats are Daeadalus wallet and Pegasus Tool for smartphones

DELEGATION GUIDE

You can download and install Daedalus wallet or Yoroi Shelley.

Once you accomplish that, you can proceed to delegate your ADA in either Daedalus or Yoroi

- Daedalus Delegation -

  1. Click on delegation tab
  2. Click on Stake pools tab
  3. Type in ANGEL or SION in the pools search box
  4. Click on the result and you should get a popup window like the one to the right
  5. Click on "Delegate to this pool" button and follow the instructions to enter your spending password
  6. Verify your delegation transaction, and as soon as you see LOW confirmation you are done

- Yoroi delegation -

  1. Select Delegation List in the top right corner
  2. Enter ANGEL or SION into the search field and click SEARCH
  3. Make sure you select the right pool and Click on DELEGATE. You then get a popup window that will guide you through the next steps of the delegation process
  4. Click on Transactions to verify that delegation transaction went through, the status of the transaction should change to LOW (then MEDIUM and last HIGH)

- Note -

The cost of delegation should be ~2.18 ADA, 2 ADA the delegation certificate and ~0.18 ADA the transaction fee.

FAQ

Q1. What is Cardano?

A. Cardano is a decentralized, Proof of Stake (PoS) blockchain-based system based on the Ouroborus algorithm.

It is a smart contract-based system that can be used to run Decentralized Apps (called DApps). The smart contract functionality is in development and will be soon implemented in the Goguen phase.

Cardano was designed as a layered system, so it has a settlement layer (CSL) used for ADA exchange and a computing layer (CCL) to runs the Smart Contracts. Cardano is the first cryptocurrency which runs on a scientific peer review, so its safety is mathematically proven.

Q2. What exactly is the Cardano coin ADA?

A. ADA (₳) is the digital currency of Cardano. It was named after Ada Lovelace, a 19th century mathematician and daughter of the famous poet Lord Byron. Its primary use is to provide a quick and safe currency exchange and to allow users to operate various Smart Contracts and applications seamlessly.

IOHK, along with Japanese company Emurgo, began developing Cardano in 2015, and its first phase, Byron, was released in 2017. The 2nd phase Shelley was released in July 2020; this phase implemented the needed decentralization, so community pools are now involved in the creation of blocks for the Cardano blockchain. This decentralization is being carried out in a controlled manner with the use of the parameter d. This parameter decreases a certain amount in each epoch, so that the ratio of blocks produced by community pools vs blocks produced by shelley genesis nodes will continue to increase, until d reaches 0, the full decentralization.

ADA is pre-capped at 45 millions with ~32 millions currently in circulation.

Q3. What is a staking pool?

A. A staking pool is an active (BP or Block Producer) node in Cardano's blockchain.
It secures the network and produces blocks for Cardano's blockchain proportionally to the delegated ADA. This process earns rewards which are automatically distributed to the delegators by the protocol.

Q4. Why the need for staking pools?

A. Cardano BP (Block Producer) nodes are randomly chosen to produce blocks for Cardano's blockchain, according to the Ouroborus protocol. These blocks essentially pack all the transactions of the Cardano blockchain for a certain time frame.

At the slot assignment, the BP node must be well-connected and in sync with the blockchain in order to produce and propagate the block.In exchange for the blocks, pools get rewarded, and these rewards are automatically distributed by protocol to delegators accorting to the delegation/reward cycle.

In summary, Cardano pools guarantee the decentralization, stability and block production of Cardano blockchain.

Q5. Do I need to delegate my ADA to a staking pool?

A. No. This is not required, but it is HIGHLY recommended if you do not run a full node 24/7.
Delegating your ADA also helps secure the Cardano blockchain, while earning you rewards.

Q6. How to select a pool?

A. Delegating to pool farms or those pools ran by exchanges IS NOT RECOMMENDED, most of all in the spirit of decentralization, but also because this could lead to unevenly distributed power in the blockchain or open the possibility for bad actors trying to take over Cardano with Sybil attacks. Another very important factor is that the blockchain density would dip badly if a whole pool farm or exchange pools were to go offline (it has happened before with 60 binance pools).

We also have the concept of saturation in Cardano, which is used to prevent centralization [or at least this was the original idea]. Basically, once a pool passes the saturation point (~64M with k=500 on mainnet), the returned rewards could be GREATLY diminished, proportionally to the amount of over-saturation.

Q7. What is pledge of Cardano pools?

A. Pledge (in ADA) is the commitment of the operators/owners to the Cardano pools. It gives an indication of financial resources that operator/owners allocate to the pool(s).

Q8. Why do you have 2 pools: ANGEL and SION?

A. We have been running ANGEL and SION since the ITN (Incentivized Testnet), as the ITN tickers validation show (can be verified on pooltool.io or adapools.org). So, these 2 pools have been functioning on mainnet since day 0

Q9. Do I need to Send ADA to pool in order to get rewards?

A. No. You should NEVER EVER send your hard-earned ADA to any staking pool. To earn rewards, you ONLY NEED TO DELEGATE your wallets to your selected staking pools (hopefully ANGEL or SION) by using your Daedalus Wallet or Yoroi Wallet.

Referrals

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Please, install Brave from https://brave.com/ang431 , thus taking advantage of what this browser offers and, at the same time, supporting our website/pool(s) in this way.

COINTRACKING.INFO

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Please, use this referral code https://cointracking.info?ref=E254450 for 10% off in your purchase.

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You can join Blockfi using this referral code https://blockfi.com/?ref=9809b7ec when signing up and earn a BTC signing bonus (different tiers that usually change in time).

Thank you very much for your support