It has been a while since my last post. I wanted to give a few updates on pool status, a decrease in margin fees, and relevant Cardano news.
Pool status
As we stand now, VoltPool has over 30 million ADA staked from more than 2,000 delegators — thank you for making this happen. VoltPool values every delegator, large and small. It took the collective to make VoltPool a success, and each delegator rightly expects rewards. Rest assured, our primary mission is validating blocks on Cardano, and we can't do it without you.
Performance has been around 99%. A few blocks have been ghosted or stolen — a ghosted block means propagation issues left the producer out of sync, and a stolen block is a slot battle where two pools were assigned the same slot. Neither is in a pool's control. With almost 3,000 blocks signed since inception and performance over 99%, we're doing fantastic and remain a top-100 pool.
Decrease in margin fees
Here at VoltPool our costs are low enough that a variable fee of 0–1% plus a 340 ADA fixed fee covers them. We're pleased to announce lowering the margin to 0%! Times are rough, and while we have ongoing development and server costs, we wanted you to receive a little more during the holidays.
Margin will eventually return to 1% because we are a 0–1% variable pool. In the future, IOHK plans to remove the fixed fee and implement a different reward mechanism, though no timeline has been announced.
Cardano updates
- Cardano wallets hit an all-time high.
- Another ATH of over 23 billion ADA has been staked, out of ~32 billion in circulation.
- Hydra development continues — the update will bring scalability and thousands of transactions per second.
If you have any questions, please reach out: info@voltairera.com.
Validating blocks faster than lightning,
Drew