Special Offer

Issues

After finished the research about how network choose the Slot Leader - Staking In a Nutshell.

I realize that it does require 14 years per 1 block statistically if i put all my ADA to pledge ( about 1k ADA). We know that the pool need to get more delegation from community/network, however, the pending (no reward) duration is quite long for early adopters/delegators.

Delegators are more likely to quit the pool before it reaches 1M ADA to statistically produce 1 slot per epoch.

Ideas

VNA pool offers Pool Margin sharing to top-10-delegator in staked ADA.

The offer is suitable for the "whales" who do not run a Stake Pool by themselves. However, the maximum Pool Margin 1% -> treat small delegators fairly so they do not quit the pool.

Details

1. If you have a lot of ADA (>= 100k ADA) and delegate to VNA Pool
2. All the margin of VNA Pool will be share to top-10 in share delegators having >= 100k ADA
3. Stake Pool Margin will be adjusted by the total staked
4. If Active Stake < 1M ADA -> Margin = Active Stake /100k (max 1%)
5. If Active Stake >= 1M ADA -> Margin = 1%

Notes:

• Special Offer Reward will be snapshot at the beginning of every Epoch and paid in the next of Epoch.
  • Special Offer Reward is calculated and transfered in the epoch having reward only.
  • The higher the staked ADA amount, the better margin for sharing.
• Special Offer Reward is calculated on the share of top-10 in share delegators having >= 100k ADA
  • if top-10 delegators have the same stake -> each delegator get 10% of Stake Pool Margin
  • if one delegator contribute 91% of top top-10 delegator, the other has the same amount -> 91% of Stake Pool Margin -> 91%-contribute-delegator , other get 1% Stake Pool Margin
• This offer is valid until the pool is Saturated
• All VNA Pool operation and maintaince cost is based on 340 ADA Fixed Cost
• At >= 1M ADA staked -> VNA Pool statiscally produce 1 block / epoch.
• This offer is very suitable for big-hodlers who do not want to operate a Stake Pool

In a word, VNA Pool get only 340 ADA flat fee for maintaining and upgrading system -> the rest will be transfer to top delegators.

Example

Assume that the VNA pool specification is:

• Active stake : 15M ADA
• Margin: 1%
• Fixed cost: 340 ADA
• There are 10 big-delegators, each one delegates 100K ADA (Active Stake)

The reward estimation is:

• 15M ADA -> statistically produce 15 block / epoch
• Each block reward is about 700 ADA -> Total revenue: 10500 ADA
• VNA SPO take 340 ADA -> 10500 ADA - 340 ADA = 10160 ADA
• Total margin is 10160 ADA * 1% = 101.6 ADA -> each big-delegator gets a bonus reward of 101.6 ADA * 10% = 10.6 ADA
• Delegation reward is about 5% APY -> 0,0684932% / epoch -> each big-delegator gets a delegation reward of 100k ADA * 0,0684932% = 68,4932 ADA
• Total reward of a big-delegator is 10.6 ADA + 68,4932 ADA ~~ 79 ADA/ epoch -> Estimation APY is 5.7%
• Other delegators receive the delegation reward only.

Notes:

1. Each bonus reward Tx cost 0.17 ADA fee
2. big-delegator receiver addresses are based on their delegation addresses (fully anonymous)
3. big-delegator receiver addresses and active stake amount are snapshot at the end of the epoch having reward.

Contacts

If you have an interest in the special offer, please drop us a message.

• Telegram
• VNA adapools.org

Thanks!