Early Adopter Bonus Campaign: First come, first served, with a total of 8,888 ADA+10% returned! Maximum cashback of 2,500 ADA per person.
The CAMP pool is a new pool that started in January 2023.
We have achieved the generation of the first block within a few epochs of launch!
Unfortunately, we just launched and don’t have enough delegators yet.
We are implementing a large ADA return campaign to gather delegators.
We have researched past campaigns and set the highest return rate and upper limit in history, surpassing those.
We will distribute a substantial amount of ADA, so please consider delegating!
It’s first come, first served, so please consider it as soon as possible! The campaign will end when the planned number of participants has been reached.
We will give a gift of ADA according to the reward amount to the initial delegators who delegated for 18 epochs (approximately 3 months).
After the gift distribution, if you continue for 72 epochs (1 year), we will additionally distribute an additional 10% of the reward amount (determined based on the delegation amount at the 72nd epoch).
During the early stages when the pool’s delegation amount is low, block generation may not be possible every epoch. However, if you continue to delegate for a certain period of time, the reward rate will become the same for all pools, and you can get a large return by continuing to participate.
|Amount of a delegation||Amount of compensation|
|After distribution, 72 epochs continued||+10% (Determined by the amount of delegation at 72 epochs)|
How to apply
Please fill out the necessary information, such as “Delegation Amount”, “Twitter or Contact Information”, “Receiving Address of the Delegated Wallet”, etc., on the Google Form at the following link.
Conditions and Notes
- Payment in full after 18 epochs (3 months) from the appointed epoch.
- If there is an increase or decrease in the delegated ADA, the minimum value will be deemed as the delegated amount.
- One person, one time, one wallet only.
- If the receiving address is incorrect, resending is not possible (please make sure to double-check).
- During the campaign, delegation up to 1 million ADA is eligible for 0% pool fee. The 0% fee will continue even after the campaign period. After the campaign, pool fee will be 1% for delegation over 1 million ADA.
- If the delegation is revoked in the middle, it will become invalid.
- Amounts less than 1ADA are rounded down.
- The +10% additional gift will be determined based on the delegation amount at the 72nd epoch.
Camp Fire Stake Pool
[Name] Camp Fire Stake Pool
WHY THE CAMP FIRE STAKEPOOL?
Donate 10% of pool profits to child education and welfare, mainly in Africa
Donations will be made from the pool’s profits without affecting the staking rewards of delegators.
By staking with [CAMP], you can indirectly participate in our social contribution activities.
As more delegations are received, the amount of donation will increase. If you agree with our mission, please consider delegating to our pool.
STAKING Q & A
What is Cardano (ADA)?
Cardano is a third-generation, decentralized proof-of-stake (PoS) blockchain platform, and ADA is the token of the Cardano blockchain. Cardano is the first blockchain platform to take a scientific philosophical and research-driven approach. Cardano is built through the review of prestigious academic institutions worldwide.
To learn about the world that Cardano aims for, it is recommended to watch a video by the founder, Charles Hoskinson, who has Japanese subtitles, so please take a look.
What is Cardano (ADA) Staking?
Staking is the act of delegating your ADA to a staking pool, which operates a network node. The staking pool can validate Cardano transactions and generate blocks on your behalf, in return for rewards.
Staking in Cardano only delegates your “rights” to the staking pool while keeping your ADA. This means that your ADA is not locked, and you can still use it at any time.
Staking with an exchange, on the other hand, carries the risk of being unable to withdraw your ADA and could lead to centralization of ADA in one place, reducing the decentralization of the Cardano network.
If you are asked to “send an ADA” or “give a seed phrase,” please be aware that this is a scam.
Where can I start staking?
When will I receive my reward after I delegate? Do I always get paid every epoch?
Rewards are paid after three epochs (15-20 days) after the initial staking epoch has ended. The following example shows the events that occur at the time of staking:
Rewards are not guaranteed to be received every epoch, and rewards are given to pools that have generated blocks based on the algorithm calculation based on the pool delegation amount. Pools with more delegations tend to receive stable rewards every epoch, while pools with fewer delegations and lower rewards tend to receive fewer rewards, but the reward amount is greater in one-time rewards. Over a certain period of time, the reward rate converges to the same value.
If delegation of ADA is biased towards places with high delegation amounts, it is not distributed and is not secure, which is not good for the long-term value of ADA. Please delegate to pools with less delegation for the long-term value of ADA.
Epoch snapshot (record ADA delegated here)
Block generation (if pool has allocation)
Calculation of rewards for block generation
Payment of compensation
What are the pool fees?
There are two types of fees: “Margin fee” and “Fixed fee.” From now on, the pool will receive its reward from the total reward of the pool and distribute the remaining ADA to the delegators.
- Margin fee
This is a fee set by each pool between 0-100%; 1-5% is common. The Pool sets the rate of return at 0% until 1 million ADA mandates are collected for diversification purposes.
Please be aware that the fee is not too high, such as 99%, and that the fee is not quietly raised in the middle! In this pool, the fee is 0% for less than 1 million ADA and a guaranteed 1% for anything above that.
- Fixed fee
The fixed fee has a minimum value of 340 ADA. There are no plans to change this minimum value of 340 ADA in this pool. Please always check the fixed fee when delegating to other pools.
Is there a cost for staking?
Staking incurs a deposit fee of 2 ADA and a transaction fee. When you un-stake, the deposit fee of 2 ADA will be refunded.
Is it necessary to re-configure if there is an increase or decrease in ADA after staking?
It is automatically reflected, so no additional operation is required. Cardano staking allows for free sending and receiving even after staking.
Of course, if you leave the rewards earned from staking in your wallet, they will be reinvested.
Is it disadvantageous to delegate to a pool with fewer delegations?
Whether there are many or few delegations, the average reward rate is about 4% in the long run (as of 2023).
Pools with many delegations have stable rewards every epoch (5 days), while pools with fewer delegations may have waves of non-rewards every epoch, but their reward rate will converge to the same average rate when their one-time reward is high.
For the security of the Cardano blockchain, it is important to have a wide distribution of ADA, so please consider decentralizing your delegation even to pools with fewer delegations in the long run.
Note that the 4% annual reward rate is gradually decreasing, just like the halving in Bitcoin.
Yes, similar to the halving of Bitcoin, the reward rate in Cardano is also gradually decreasing over time. The reward rate of 4% per year is not a constant and is subject to change as the Cardano blockchain evolves.
What is the minimum amount of ADA required for staking?
You can start staking with 10 ADA.
What is pool saturation?
The saturation of one pool is 64 million ADA as of January 2023. If you continue delegating to a pool that exceeds this amount, the rewards you receive from staking in that pool will decrease because the rewards from one pool will not change, even though the number of delegators will increase.
This system ensures decentralization as holders seek profits and naturally delegate to different pools.
Can staking be unstaked?
Yes, staking can be unstaked at any time. If you want to delegate to a different pool, you can simply delegate again without unstaking. If you unstake, the original 2 ADA deposit that you paid will be returned, but a small transaction fee will be charged.
How can I check my remuneration?
There are two ways to do this
- Check the Wallet for Cardano page
- Enter the receiving address on the Cardano Explorer site to confirm.