Can you stake your ADA and forget about it?

Yes, and it suits anyone holding ADA for the long term. Your ADA never leaves your wallet, and every epoch your rewards are added to your stake, so they go on to earn rewards of their own.

The part worth getting right is the pool. You want one that will still be producing blocks and charging the same fee years from now, and on Cardano you can check a pool’s history on chain before you choose.

Ours starts on 30 July 2020, the day after the Shelley upgrade brought staking to Cardano, when we registered our first pool with a 1% margin and a 340 ADA fixed fee. If you delegated to us in those first months, you were taking a chance on a pool with no track record, and we’re grateful you did. We really appreciate the fact that two thirds of the wallets delegated to us have been here for four years or more.

That November we cut the margin to 0% as a promotion, and it stayed there until August this year, when it went back to 1%. It was worth most in those early years. Rewards are paid mostly from a reserve that has roughly halved since 2020, and the network’s staking yield has fallen from over 5% a year to a little over 2%.

The fixed fee has been 340 ADA on all four of our pools throughout. Keeping the pools running gets the same care, and we rehearse our disaster recovery every quarter so they can keep producing blocks even if our main site is lost.

We will never charge more than 1% and 340 ADA, and you can hold us to that.