rabitlabs retweeted
Shame to see this - pool has been around for nearly 6 years and still has ~1.3 M in stake - steady block production with 795 blocks minted - I don't know the reason for this but the system should never have been designed that small pools cannot be sustainable
@IOGroup - do something to protect smaller pools or are we only ever going to be happy with 500 large early adoptor pools with no growth and change in the system.
@IOHK_Charles
Some special thanks (this is by no means an exhaustive list):
@earncoinpool @Cerkoryn @KpunToN00b @OystrPool @Star_Forge_Pool @BBHMM_Stake @benohanlon @sergiu_cazan @4ward_pool @MicheleHarmonic
Thank you all for making my #cardano journey a great one🙏
rabitlabs retweeted
📍 Reduce minPoolCost to 75 ADA:
Vote: YES ✅
As Cardano’s block rewards continue to decline, the current 170 ADA fixed minimum cost places increasing pressure on smaller stake pools and their delegators.
Reducing minPoolCost to 75 ADA gives smaller operators greater flexibility to remain competitive without forcing any SPO to lower their fee. The previous reduction from 340 to 170 ADA also did not result in the widespread “race to the bottom” some had feared.
I view 75 ADA as a measured interim adjustment while Cardano continues developing more sustainable long-term staking incentives.
rabitlabs retweeted
Cutting minPoolCost does not cut monthly earnings, it cuts the minimum wage.
Pools can freely set their own monthly earnings.
This argument is a strawman.
rabitlabs retweeted
You stole the committee's work and twisted the result interpretation to suit your desired outcome.
The established CIP-1694 semantics don't require an SPO vote at all. Ours was an attempt to go above and beyond.
rabitlabs retweeted
At the very least you should have waited until they posted theirs and *then* posted yours. If your intentions were as pure as you state, this would have been a clean way to acknowledge their work and allow it to land with the weight of the effort they put into it.
🚨MY DREP IS NOW RETIRED🚨
Please redelegate your voting power
Thank you
@sergiu_cazan
rabitlabs retweeted
Worth noting also that the Ekklesia voting process was absolutely top notch using calidus keys
rabitlabs retweeted
@adamKDean and @MadOrkestra did a great job bringing that together for this ballot.