Ada Point Pool

APP fee

APP staking pool has a margin fee of only 2%! No other fees. ADA Point Pool staking pool fee is one of the lowest among professional and high quality Cardano staking pools.

Delegating

Our staking pool is LIVE. Search for the ticker "APP" or "Ada Point Pool" in your Daedalus or Yoroi wallet.

ID of the APP pool is aeb2a8584c15e4272fd2b9141f77fb5e3da633506e08f6a8097e41176e6470b1. If you need some help with staking see our instructions for Daedalus or instructions for Yoroi.

Why us

Overall goal of our pool is that people have a HIGH QUALITY / LOW FEE pool to delegate to which provides max return on investment (ROI) every EPOCH. We also spread knowledge about the whole Cardano ecosystem.

Any money that will be a surplus, and not used maintaining the servers, will go into developing Emurgos' Yoroi Cardano wallet and some other custom tools that we are planning.

Currently we are mining ~ 97% (weekly avg) of the blocks which is among the highest of all pools! Consistent block creation is crucial to higher overall rewards for our users. ROI is well above the overall average of all the pools and should further increase with new versions of Cardano node software (especially issue #1472).

Security

Our servers are currently in Germany, Europe.

The servers are virtualized and hardware is added only on a need to basis. Therefore we can pass all the savings on to our users. Because of virtualization if the need arises for a different location or upgraded hardware we can quickly do that without any downtime.

uptime of 99.99%
monitoring tools 24/7
DIN ISO / IEC 27001 certification for information security for IT systems
failsafe procedures
firewall
virtualized environment
industry standard hardened linux server distribution
disk encryption
automatic backups

We provide transparency so our users see what we do and we also help other pool operators or future pool operators to learn something new and further improve their pools. You can read about our current server architecture here.

Who are we?

We are a group of professionals with decades of programming experience. We are interested in functional programming, web programming and science in general.

When?

First staking network - incentivezed testnet went live 16 December, 2019. Our "Incentivized testnet" APP node has been live live from 15 December, 2019. We were running a beta version of the node (nightly build) before for server testing purposes.

What is staking?

Staking is a process where ADA holders delegate their ADA to a staking pool. It enables ADA holders who do not have the skills or desire to run a full node to be part of the network and be rewarded proportionally based on the amount of staking that is delegated.

There is NO security risk for the user as you are not sending any funds to our pool, just delegating your account.

Staking calculations

You can calculate how much ADA you will get with the official Cardano staking calculator.

Articles

How to delegate, stake your ADA with Daedalus.

How to delegate, stake your ADA with Yoroi.

Status APP

Server
Network
Cardano node [version 0.8.9 - custom build]

Issues

1. February 2020 (Epoch 49) APP node: After node restarts it immediately stops syncing.

[UPDATE] Fixed. Seems a similar issue as in the beginning of the month. We quickly resolved it tweaking params and switching the server. Cardano already has a working fix for (should be released next week) so we are also trying a pre-release binary. This is just so we have more options available.

8-9 January 2020 (Epoch 26, 27) APP node: After node restarts it immediately stops syncing.

[UPDATE] Solved. After a long time of searching for the issue(12h) we found a solution, a node config param, that solved the problem. This issue will be fixed in the next versions of the Cardano node software.

24 December 2019, 08:34:13 UTC (Epoch 10) - APP node: Network has some issues that started 9 hours ago. We are seeing other pools having similar problems. We are still investigating this.

[UPDATE] Solved. Looks like IOHK had problems synchronizing a number of trusted peers. This has resulted in intermittent connectivity issues for some stake pool operators and Daedalus users.