Australian Owned and Operated Cardano Pool.
All our servers are located in Australia which improves decentralisation of the Cardano network and reduces the risk of network outages.
Pool ID (AOAUS): 5b9a5633289c52003d359bce18f77f571a701fd3942a52bde3262558
ADA Ocean Australia servers are located across three different Australian regions and has redundancies across two of them. Unlike many pools that have relays across several locations, but only 1 block producer (or the backup block producer is in the same location), ADA Ocean Australia has a backup block producer in a completely different location.
This means if the region our main block producer server is located has internet outages or a natural disaster occurs, we have a block producer server standing by 921 kilometres (572 miles) away giving us greater uptime.
All our pool nodes are operated and located in Australia, providing stability and further decentralisation to the Cardano network.
Operating System live patches, virtual machine live migration and auto start are just a few things we use to make sure our servers always stay up and running smoothly.
With our low margins, ~99% of block produced rewards go back to the delegators*
*see calculations below
Staking ADA gains more ADA with little effort.
Cardano is a blockchain framework built on the basic principles of Bitcoin. The key difference is that instead of using powerful computers to earn rewards, Cardano determines how much you earn based on how much you stake.
This solves the biggest environmental issue that Bitcoin faces as staking with Cardano uses very minimal resources to run the network. Here are some more benefits of Cardano:
- Secure Block Producing Voting Mechanise
- Encourages Decentralisation (less network risk)
- Designed For Financial Systems
- Peer Reviewed
- Large Developer Activity
- Network Capacity
While encouraging decentralisation on a software level is great, it’s not useful if everyone uses the same hardware providers in the same locations. For example, if a majority of the Cardano Nodes are located in one country and that country is compromised in some way, such as a natural disaster, then that is a weak link in the network.
As it stands, there are very few Cardano pools in Australia. That is why we feel it is important that our pools are physically in Australia to bring true decentralisation and security to Cardano.
By operating pools in Australia, we aim to bring security and stability to the Cardano network. By being located in Australia, Australians and nearby countries will also experience faster transactions on the Cardano network.
Our pledged stake in our pools shows that we are committed to keeping our pools running. The better we do, the better our return which then gives our delegators a better return.
We are Giving You a Chance to
ADA Ocean Australia commits to running a stable Cardano stake pool and we believe everyone should be able to gain great rewards from staking.
The bigger the success of ADA Ocean Australia, the bigger the rewards our delegators will receive.
|Pool Operating Cost:||340 ADA|
If the total pool rewards for an epoch is 50,000 ADA, we first subtract 340 ADA as the pool cost. That leaves 49,660 ADA as rewards.
Based on these 49,660 ADA, the pool takes 1% (496.6 ADA) and the rest of the rewards (49,163.4 ADA) are then distributed to the delegators based on how much they have delegated.
The total pool rewards for an epoch depends on the saturation level of the pool.
Stake your ADA with ADA Ocean Australia
Here are some links to help get you started and how to delegate your stake to ADA Ocean Australia.
Make sure you delegate to AOAUS – ADA Ocean Australia