Welcome to our ADA stakepool site
Why choose ORKA
Like many of us stakepool operators I got intrigued by the vision of Charles Hoskinson in late 2017. Since I truly believe in this project I wanted to help. So I thought to myself, why not put my system management skills to work to help with the decentralization part of the project by running a stake pool! As we are ‘yet another stakepool’ we don’t aim to be the biggest but rather be part of a big stakepool community and make a stable, decentralized, unstoppable(wink) network.
I don’t believe we shall ever have a good money again before we take the thing out of the hands of government, that is, we can’t take it violently out of the hands of government, all we can do is by some sly roundabout way introduce something that they can’t stop.Friedrich Hayek 1984
Pool Fees 1%
Our pool has a 1% variable fee, this to overcome the minimum fixed cost compared to the pools with a bigger total delegated stake. In future we might consider increasing this but it will never be higher than 2%. Changes in pool fees will be announced with a minimum of 90 days upfront via this site.
We are not planning this for the near future but if we do we will make sure to make it a big banner on this site!
See more at cardano.org
- An Epoch in cardano is 5 days long. Any change in Delegation is captured in snapshot at end of the epoch (at 1st epoch transition).
- The snapshot captured is considered live at the next (2nd) epoch transition. This means the pool you delegated to would reflect your delegation in n+2 epochs, to qualify for chance to make blocks proportional to its stake (which would now include your delegation).
- The blocks made by pool qualifies for rewards, which is calculated at next epoch transition (thus, calculation occurs at n+3).
- Finally, The rewards are then paid out at the end of next epoch n+3. Thus, if you delegated in epoch n your rewards will be with you by the start of epoch n+4 (technically, it will be at the end of epoch n+3). The visual representation of the above explaination is as per below (using n=213 in the example):