2% Fee - 340₳ Fix
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Cardano Mission Driven Pools
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SPEC Projects 2021:
When delegating to Spectrum Pool you not only grow your Ada, you also indirectly fund development of Cardano technology. eg:
SPEC Donation Strategy 2021:
SPEC will donate 40% of pool fees to charity! The rest of the rewards will be kept in pledge to allow for more blocks and better rewards each passing epoch. We will keep this initiative going untill either of the following happens:
- Pool gets over 90% saturation (Donate 75% to charity)
- Pool pledge reaches 400kAda
- End of year 2021 (at which point we will release the 2022 donation strategy)
The blocks are rolling and so are our donations! Check out the donations page on kindstudios!!!
Why you should delegate to SPEC:
- Great ROS performance, never missed a block, high end setup, etc...
- Spectrum Pool contributes tools to the Cardano ecosystem like slot-leader-docker and Ouroboros RUST implementation.
- Spectrum Pool operates and maintains Wen.PM
- Big part of the pool fees goes to charity, over 800$ already went to Pencils of Promise!!
What is this Pool made of?
Spectrum Pool is built from source on Debian and Nix docker images. The operation is hosted around the globe.
Relay nodes are sourced from Linode, AWS and Digital Ocean (and some undisclosed hosting providers). Nodes are located in San Francisco, Ireland, Singapore, Tokyo. We do also operate dark nodes in undisclosed locations.
The Core Nodes (Block Producers) are running on bare metal servers in home locations with Gb/s connectivity. Currently those in are Germany and Greece. Core Nodes and Relays communicate via a dedicated VPN network. There is a hot-standby block producer in the cloud which takes over in case all primary block producers get disconnected.
Block Producers and Relays are continually deployed following CI/CD best practices for web scale applications. see How Spectrum Pool Gets Deployed
If you want to learn more you can contact me via the spectrum pool twitter, my personal twitter account. Or just come and speak to me on one of the meetups and hackathons I help organize!
Long term the intention is to have most of this set up (ansible roles, docker files, ops scripts, etc) open sourced on the SPEC github account.
What do I get for delegating with SPEC?
98% of the rewards this pool produces will be distributed amongst the stakers. Minus the fixed cost of course. But that is held as low as possible at 340₳. The fixed cost money will primarily go into server bills, maybe an external security audit if possible. Generally I commit myself to to price-match the current market regarding Pool fees, as long as the bills can get payed without cutting back on security. But that is just about keeping the lights on. If this Pool turns a profit, I commit myself to use 100% of my profits for charitable purposes! This could either be charity or to organize and run events with a social cause (as a serial organizer of hackathons and meetups this last one comes quite naturally).
What do You get out of running SPEC?
Well for one I know which pool I am going to be staking my ADA with :-)
On the other hand I do also plan on participating in Hydra projects
and Oracle Pools once that functionality comes online!
Should any money be made of this I am interested in investing it in inclusivity projects and getting the technology to people that have not been given the best chances.
Long term I want to turn Spectrum Pool into a German Non Profit that invests all its income into projects for education and integration, inlands or abroad.
Other Pools you should definitely check out!
- FARM (20% Profits go to Social Causes) Donations
- LIV (20% Profits go to Social Causes)
- AIR (10% of the profits go to social causes)
- BRTHE (10% of the profits go to social causes)
- LIFT (Profits go to Social Causes)
This is to be a very open project and I'm thinking of ways to open up the live monitoring of these systems to the public without increasing the attack sourface too much. Other than that, the focus lies very strongly on automation and utilizing the blockchains data. There was a longer discussion some days ago about interconnecting relays. Currently a lot of operators currate their relay node's topology files manually. Spectrum does so via scripts. Currently it is still dependent on the adapools.io topology tool but in the long run the intention is to read these things out of the blockchain itself (the data is in the pool registrations alrady).
Node stats, etc comming soon-ish!
OK, now I want to watch that fancy background