What to consider when joining a stake pool?

  1. Default permanent fixed fees
    • To maximize rewards earned you want to choose a pool with low fees. There are two components to a pool’s fee: fixed fee and a percent of rewards. The minimum mandated fixes fee for a Cardano stake pool to be registered on the network is 340 ADA for each block produced. We have set our fixed fee to 340 ADA.
  2. Low pool fees
    • The average stake fees percentage for Cardano stake pools are around 2%-5%. We are have set our fees at 0.5%. It is also important that the stake pool is reliable and does not change stake fees and percentages after you delegate your stake. Sometimes some pools will change their stake pool fees just before the next epoc, so you need to find reliable stake pools that promises not to change fees. At Pleb Pool pool, we do not change the fee structure.
  3. Saturation equilibrium
    • You need to choose a pool that is not over saturated. The current implementation attempts to enforce decentralization by capping rewards at a specific limit to prevent pools from growing too large. Current state pool saturation threshold is around 64 million, so try to find a pool with a smaller pledge amount. At the Pleb Pool we will monitor saturation closely to make sure we are at high performance. We are setting up infrastructure to launch the second stake pool once we are about to be over-saturated to ensure maximum performance for the delegators.
  4. Stake pool performance
    • Consider pool performance. This is a bit difficult because the metrics displayed in the Daedalus can be wrong or at least misleading. The performance percentage is calculated by dividing the number of blocks produced by a pool by the number of times it was selected. Ideally this would be 100% which would mean the pool node was always online and in sync with the network when its turn came. If a pool is struggling with staying synced it may miss its turn and not get to produce a block and earn rewards. Additionally, small pools who my be performing just fine technically might have 0% performance since they simply have not yet been called upon to produce a block. The Cardano stake pool software is being updated frequently. Especially with the mainnet staking, pool operators may have to perform a few software updates every week both to the stake pool and to the pool nodes. Delaying to implement an update may reduce pool’s ability to mine blocks and to generate rewards. This is why at the Pleb Pool we monitor our server health, latency connections between the pool nodes and the blockchain and server up time. Our system administrators perform regular updates to both the stake pool and the pool nodes. We also have superior firewall, DDoS protection and three dedicated relays in America, Europe and Africa.
  5. Stake pool rewards
    • With the launch of Staking in July of 2020, there are about 14 billion ADA reserved as stake incentives for participants. Each epoch (5 days) the protocol distributes 0.3% of this total reserve pool between all active stakers. Therefore rewards are being distributed every 5 days and compound automatically.

Why delegate (stake) with Pleb Pool?

  • Superior performance: Check out the (PLBPL) performance in ADApools.com
  • High reward ratio: 99.5% of the rewards are automatically paid to delegators by the blockchain , 0.5% of the rewards are paid to support the pool server cost.
  • No extra requirements: No minimum ADA requirement to delegate.
  • Low-latency server: Hosted on a premium low-latency network with latency monitoring to ensure block generation.
  • Frequent updates: Our system administrators update the stake pool and the pool nodes with the latest Cardano builds daily.
  • Server specs: 8 Core CPU, 64GB RAM, 100% NVMe 1TB SSD. Low latency memory with blazing fast read/write performance for producer block.
  • Secure server: 10Gbps DDoS Protection from attacks.
  • Multiple relays: 2 dedicated relays in Europe, South Africa. All nodes are hosted on different major Cloud based high availability networks.
  • A pool pledge: initial stake pool pledge of 6000.000000 ₳
  • Support: contact our system administrators via email for further questions at stake@plebpool.com
  • Stake pool ticker: PLBPL
  • Pool id: 51120922fb9d7c0ecbb20378950da7880cb6dd9d3c9e06e17bff6aca
  • https://adapools.org/pool/51120922fb9d7c0ecbb20378950da7880cb6dd9d3c9e06e17bff6aca