Rise FAQ

What You Need to Know

How do I delegate to a pool?

What is your Pledge?

Currently the RISE pledge is set at 30, 000 ADA. A pledge is us as pool operators saying that we are motivated into providing an excellent service to our delegators. As the Cardano community grows we plan to schedule increases in the pledge amount to ensure we stay attractive to our customers

What is your pool margin?

Our pool margin is currently at 2%. This means that when we mint blocks for Cardano, you as delegators will get 98% of all rewards. We will use this 2% to grow our pool and help good causes across the world

What is the cost per epoch?

A Cardano 'epoch' lasts for 5 days. If RISE is selected as part of the protocol to mint blocks within this time period then as part of the whole rewards for a pool, 345 ADA will be taken before the rewards are distributed to delegators.

Why do you want to help noble causes?

Coming from the first world, we are lucky to have so much that often we take for granted. For many across the world unfortunately they dont have this luxury. So we want want to use Cardano and its innovations to help the world. Though our pool and 20% of its profits we want to do this! A blog is coming soon on this!

 
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