To compliment our current policy of giving back the 340 ADA Fixed Pool Cost to our Delegators we plan to up the ante and also share a fixed sum of 340 ADA during Epochs where no blocks are minted.
Starting from Epoch 416, we commit to sharing 340 ADA per Epoch each time we fail to mint a block to ensure a steady flow of rewards for our Delegators.
We intend to uphold this commitment for a span of 10 empty Epochs. Given that we cannot predict the number of Blocks allocated to us in the coming months, it is impractical for us to specify how long this period will last. Nevertheless, if we consider our current stake of approximately 600k (as of 5 June 2023), we estimate that it would take around 20 Epochs (~3.5 months) to encounter 10 empty Epochs. It is important to note that this estimation could differ significantly, yet we pledge to distribute a proportionate share of the 340 ADA to our delegators for 10 distinct empty Epochs.
TERMS AND CONDITIONS
- We reserve the right to discontinue this offer at any time, should any technical and/or other failures of our Stakepool make it impossible to operate our nodes and mint blocks.
- The reward payments will be based on a snapshot of current delegators contributing to the live stake at or near the Epoch transition, and can be taken from either side of the transition.
- Although delegators are eligible for rewards immediately upon staking, we reserve the right to withhold payment if we judge that a delegator has placed their stake momentarily for the purpose of collecting these rewards.
- GNP1 can cancel this offer at anytime should the operational requirements of the Stakepool require this.