Why Stake with a Cardano Stake Pool
Decentralisation
Decentralised Finance (DeFi) is a bottom-up innovation that replaces the legacy financial system, which is heavily influenced by centralised forces, with a universally agreed system of robust algorithms that anyone can take part in. DeFi is designed to be faster, cheaper, more secure and most crucially, fairly and equitably governed.
Scalability
Designed from the ground up in a rigorous, open and peer-reviewed process, the Cardano blockchain is already equipped to handle huge volumes of global transactions at very low cost in fees and also in energy consumption. With the large number of technical innovations and upgrades being released in the coming months, Cardano is designed to become the financial operating system for the world.
See how we’re scaling
Security
The design for the financial settlement layer in the Cardano blockchain has come through formal mathematical theory, to give us provably secure transactions. In combination with this, game theory is built-in to ensure good actors in the ecosystem are financially incentivised and rewarded, whilst bad actors would have to secure an inconceivably large volume of ADA in order to attack it, currently valued at 13B USD. This combined with the fact that we have over 3,000 Stake pool operators spread over every continent makes coercion of the blockchain extremely unlikely to succeed … a bit like herding cats!
What is Cardano Staking
Cardano is a 3rd generation “Proof-of-Stake” blockchain that has:
- Low power consumption
- Fast, cheap transactions
- High stability and security and a
- Safe, steady reward mechanism through “Staking”
Stake Pool operators run the servers supporting the network 24/7 ensuring the blockchain is processing transactions smoothly at all times. As a reward for running the network, they are given the opportunity to “Mint” new blocks which are valuable. They get to keep some of the ADA rewards from minting and the blockchain pays the rest to the stakers in their “Stake pool”.
By holding ADA, the native coin for the Cardano blockchain, and staking with a Stake pool, you have the opportunity to earn those staking rewards worth 3-5% APR compound interest. You do this by choosing a Stake Pool operator who you trust to be serving the best interests of the blockchain.
Criteria to think of when choosing a Pool operator:
- Proven to be technically competent
- Improving decentralisation by operating one single pool
- Shown they have “Skin in the game” by committing a large Pledge
- Taking a sustainable yet competitive amount of fees for their service
- Offering additional rewards
- Have a purpose or mission that you align with
Why choose FLUID Pool
- FLUID7 Ltd has been hosting dedicated web servers since 2010
- We are a member of the Cardano Single Pool Alliance publicly committed to only ever running one Stake pool
- We have 60,000 ADA pledged to the pool
- Low fees of 170₳ + 2.9%
- We reward delegators with bonus CNCT | LMN | NTX | GMBL tokens
- We are an Impact Staking pool…
How to Get Started
- Purchase ADA from your favourite Exchange
Binance | Crypto.com
- Withdraw your ADA to a Cardano wallet
Eternl | more options
- Stake to FLUID Pool from your new wallet!
Ticker: [FLUID]
Pool ID: 38c2ea35c92392314b84f70535632b1b8ac3d3bd99fa7786296b160c
Please Join our Discord community for hands on help with any of the above! We meet weekly on
Fridays live at 08:30 UTC
Latest News
- Cardano Q&A 8th December, 2023Our weekly discussion and demonstration of projects in and around the Cardano ecosystem. Practical answers and How-to guides on all things Catalyst and Cardano. … Read more
- Cardano Q&A 25th August 2023Our weekly discussion and demonstration of projects in and around the Cardano ecosystem. Practical answers and How-to guides on all things Catalyst and Cardano. … Read more
- Cardano Q&A 18th August 2023Our weekly discussion and demonstration of projects in and around the Cardano ecosystem. Practical answers and How-to guides on all things Catalyst and Cardano. … Read more
- Aggregate your Vote powerIf you have participated in Project Catalyst voting in any of the first 9 funds, you may well have suffered the pain of creating … Read more
- Catalyst Voting PowerProject Catalyst is a community-driven initiative within the Cardano blockchain ecosystem that empowers ADA holders to propose and vote on platform improvements and projects. … Read more
- Aggregate your Vote power
- Catalyst Voting Power
- Building Trust, Transparency, and Social Impact: Revolutionizing Stake Pool Selection on Cardano
- Project Catalyst Fund 10
- Nunet airdrop available for qualifying FLUID Pool delegators
- Partnering with Astarter
- Machiavellic
- Meet me at the Summit!
- FLUID7 Newsletter
- Our 30 minute guide to Cardano Staking
- Catalyst Fund 9 Voting Snapshot