GranADA
Staking Pool
INTRO
Welcome! We are very glad to have you here
Thank you for taking the time to learn more about our staking pool GranADA. If you were referred by one of our delegators or representatives, or if you are simply curious to know more about staking and the Proof-of-Stake consensus, we will provide you with all the information that you need. Don't hesitate to contact us if you require any kind assistance.
The basics
1
Why Cardano?
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Cardano is a modern 3rd generation blockchain founded by Charles Hoskinson (co-founder of Ethereum)
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It's peer-reviewed, highly decentralized, open-source and developed by experienced software engineers with PhDs
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Cardano is one of the most decentralized and ecological blockchain ecosystems (1.6 million times more energy efficient than Bitcoin)
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Cardano is currently being implemented by several African governments and it has been recently included in the blockchain curriculum of the Zurich University
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This ecosystem offers smart contracts, NFTs and an Ethereum adapter that allows Dapps built with Solidity to run on Cardano without changing the source code
2
What's staking?
It's the process of holding cryptocurrencies on a private crypto wallet in order to provide liquidity to a proof-of-stake (PoS) blockchain network, so that transactions can be validated.
ADA holders can delegate their wallets to registered staking pools to directly participate in the consensus and to contribute to the growth of the Cardano ecosystem without having to run a node.
As compensation, delegators automatically receive rewards in the form of Cardano coins (more than 5% per year).
Staking ADA is 100% secure and the assets are always available for trading.
3
What's Proof-of-Stake
Proof-of-Stake (PoS) is a decentralized consensus mechanism, which provides security, greater scalability and high energy efficiency.
PoS requires a so-called "stake", which is an amount of cryptocurrencies that the owner of a staking pool must provide, which serves as a guarantee to ensure that the transactions validated by this pool are trustworthy. This "stake" is subject to permanent loss in case that the validator is trying to create fake blocks on the network. PoS works very similarly to a lottery system: the more stake a pool has, the more opportunities it has to be chosen by the blockchain algorithm to validate transactions. In exchange for each validated block, the pools earn rewards, which will then be distributed among delegators in proportion to their delegated capital. For instance, if a delegator has 50k ADA in a pool with a total stake of 100K ADA, this delegator will always receive 50% of the obtained rewards.
Staking pools need delegators to improve their ability to validate transactions, and delegators need staking pools to be able to participate in the consensus and to profit from staking rewards.
4
Where do staking rewards come from?
The Cardano ecosystem has a reserve of approximately 12B ADA. There is a rewards pool where, each Cardano epoch (5 days), 0.3% of the reserve and all the fees of the validated transactions are deposited into the pool.
20% of the pool goes to the treasury to support the development of the ecosystem and 80% goes to staking rewards.
Our referral program
To incentivate the growth of our staking pool GranADA, we are offering a referral program to our delegators. We will give a referral bonus of 1% of the delegated amount in staking to the person that referred the new delegator. New delegators in our pool will get a welcome bonus depending on how much ADA they are staking:
5₳
500-999₳
10₳
1000-4999₳
20₳
5000-9999₳
30₳
10000-14999₳
50₳
15000-19999₳
80₳
20000-29999₳
100₳
30000-29999₳
150₳
30000-49999₳
?₳
In case of >50000₳, please contact us.
NOTE: This bonus will be paid after 6 epochs in staking (30 days) and this will financed with our private capital (not part of the official staking protocol). Remember to send us your ADA address after registering your wallet.
In a nutshell
Delegate
Register your private wallet with our staking pool GranADA to start receiving staking rewards
Contact us
Send us your ADA address of the wallet that you are delegating so that we can send you your bonus
Profit
Earn staking rewards and after 6 epochs in staking, we will send you your welcome bonus to your address
Recommend
Do you have friends or family who also own ADA? We greatly appreciate your referrals to help us grow. Let's us know that you referred someone!