EBS stake pool
Cardano is a third-generation blockchain platform developed through a scientific evidence-based method and peer-reviewed research.
ADA (₳) is its native cryptocurrency!
Using the Ouroboros, an innovative proof-of-stake consensus protocol, the network reaches an agreement about the transactions recorded in the blockchain with much less electricity and computing power.
The consensus is based on the stake (wealth), used to determine the participant’s power in the system. To guarantee the security of the network, the Ouroboros needs a good number of ADA holders to be online at any given time.
The stake pools are operational nodes committed to run the protocol 24/7, combining the stake of a group of stakeholders in a single entity.
All ADA holders have a right to participate in consensus, but staking requires technical skills and the ability to run Cardano nodes for 24/7.
As a regular ADA holder, you can simply participate in the consensus through stake delegation.
For delegating to a stake pool, you receive rewards in ADA proportionally to your stake each epoch the pool creates blocks.
Support the network
Stake pools with a greater amount of stake have a higher chance of producing blocks. You are delegating your stake power in Cardano.
Delegating does not require any special knowledge. If you are already a ADA holder, you can delegate easily just a with a few clicks.
When you delegate, your coins never come out of your wallet or get locked up. You keep having absolute control of your assets.
Why delegate to EBS?
We are not just a stake pool, we are a startup building disruptive applications in the Cardano network.
Our understanding is that running a stake pool is merely an operation to support the network, allowing us to connect with future users of our solutions and sharing from now on the earnings we obtain.
Pledge: ₳ 16.3k
Cost: ₳ 340
Our Cardano nodes run 24/7 to provide outstanding performance for your stake
We’re currently utilizing VPS services to sustain a low-cost operation. As we grow, our aim is to provide a mix of cloud solutions and bare metal setup to guarantees resilience and have better control of our nodes.
We are operating a total of 4 servers, one block producer isolated, connected only with our three public relays, hosted in Canada and Singapore for better connectivity, each server having 4vCPU + 8GB RAM + 160GB SSD.
We utilize Prometheus and Grafana on a separate server, exclusive for monitoring. This way, we can track the health of our nodes 24/7, including mobile notifications, without compromising performance.
How to delegate to EBS?
Press the delegation button on the left menu. Enter the “Stake Pools” tab, search for EBS and click on “Delegate to this pool”.
Follow the 3 steps on the screen: select the wallet, check the stake pool selection and finally confirm your delegation. Wait for the confirmation message and that’s it!
Select the wallet you want to delegate. Enter the “Delegation List” tab, search for EBS and click on “DELEGATE”.
Confirm your payment password and click on the “DELEGATE” button. Wait for the confirmation and that’s it!
Because there is no free lunch. Operating a stake pool involves fixed costs for server maintenance, which we choose to follow the minimum established by the protocol (₳ 340).
In addition, we charge a fee of 3.5% of the total rewards received in a epoch zero margin fee (0%) throughout the year 2021. This amount helps to fund our projects.
Rewards are proportional to your stake and vary according to many factors, such as the fees charged and the performance of the stake pool. You can use the rewards calculator to estimate your earnings, but in general, it is around 4.5%-5.5% per year.
No. Fees are charged only when the stake pool is elected to generate blocks in an epoch (5-day window). If it did not produce blocks, the fees are not collected at all.
No. The fee is charged only for the total amount of rewards received by the stake pool in an epoch. You, the delegator, will never pay anything.
The rewards come from two sources that constitute a pot of rewards of the epoch:
- from the Cardano project reserves, which are deducted at a rate of 0.3% each epoch;
- from the total transaction fees charged by the protocol, accumulated over an epoch.
For more details, check out our post “Where do the rewards come from?”.