MELBOURNE STAKE POOL

MELBOURNE'S ONLY DEDICATED CARDANO STAKE POOL

"The greatest advantage in gambling lies in not playing at all."

Gerolamo Cardano
 

WHY CARDANO?

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The cryptocurrency Cardano or ADA is an open-source project, with a large and growing network, which runs third-generation blockchain platforms for smart contracts.

WATCH THIS EXPLANATORY VIDEO!

WHAT IS STAKING?

A blockchain requires a method for determining consensus. Bitcoin uses proof of work - which is slow and requires an extraordinary amount of energy. Cardano uses proof of stake instead. At random, a staker or stake pool like ours will be awarded the opportunity to validate the block or epoch. This is much more equitable as well as much more environmentally friendly.
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STAKING WALLETS

There are many wallets you can use to stake with us. We recommend Yoroi, but Daedalus or Adalite are good alternatives.
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  • Easy installation with one-click setup of bundled Cardano node
  • Locally stored wallets and encrypted private keys, not shared with third-party servers
  • Trustless operation with locally running full Cardano node which independently validates full transaction history of the blockchain
  • Supports Cardano network by participating in Cardano protocol
  • Wallet backup and restoration using mnemonics phrases
  • Support for staking coming with Shelley release
  • Complete autonomy without reliance on third-party servers and services
  • Paper wallet generator for offline storage of funds

May 28

Cheesecake, figs, and pinot noir.

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  • Instant initial setup
  • Locally stored wallets and encrypted private keys, not shared with third-party servers
  • No blockchain synchronization needed for quick and easy operation
  • Wallet backup and restoration using mnemonics phrases
  • Low system resource consumption, minimal usage of storage space and bandwidth
  • Support for staking coming with Shelley release
  • Paper wallet generator for offline storage of funds

OUR FEES

Fixed fee (cost per epoch): 340 ₳
Pool margin fee: 1.50%
Our minimal fees ensures you are properly rewarded for placing your trust in our pool.
N.B.- Fixed fee (cost per epoch) is min mandatory fee as per IOHK.
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