Epoch 279

2021-09-29

Pool Report

Thank you for visiting! Here is a new report. Thank you again for delegating your valuable ADA to us.

Reward delivered to those who have delegated by around 21:30 UTC on Sunday, July 4.

Next Reward: in epoch 278, we minted only 6 blocks, so the next reward is expected to be relatively small. Due to random factor, there can be ups and downs.

To those who are staking with us

Thanks to your support, it will soon reach one year of pool operation. This is once again thanks to all of you who have supported us. Continuing from the last post, I would like to remind you that the one-year 0.01% margin campaign will end on August 8. After that, the margin will be changed to 0.9% as stated on our website, and we appreciate your understanding and cooperation. We believe there will be no significant impact on rewards.

Please refer to the Operational Updates page for operational updates and plans.

We are also considering a give-back campaign for the Alonzo hard fork celebration (considering the tax calculation burden and benefits for the delegator, we are considering a limited time 0% delegation fee). Thank you very much for your cooperation.

Event

① Catalyst Fund5 voter registration is completed. The voting dates are July 22 – August 2.

② For Cardano Summit 2021 registration, please visit here
This is to be the “biggest ever" event in September, so stay tuned!

Introduction

Since it’s been a year since I joined Cardano network, the previous epoch, I re-created my self-introduction, using ToonMe and Procreate apps and drawing tools so to help visitors feel closer.

I have more than 10 years of experience as an IT infrastructure engineer in design, implementation, and maintenance. I believe that not only technology but also know-how and intuition can be utilized in pool management. The stake pool is operated on Amazon Web Services, a robust platform with security measures. We believe that blockchain technology can change the way society works.

Thoughts of Sugar Stake Pool through about one year of pool operation

When we rethink our “assets", it is not only money. It can also include credential, ownership, the right to vote, and so on. From your bachelor’s degree, to the items you’ve earned in online games, to the land in the country you defected from, can we say that it is the individual who have controls over them? I believe that you should have control over your own assets, or at least be given a choice. This is possible with distributed ledger technology, without the middleman that is the centralized manager in the current system, and it can further more improve security and cost.

The Future with Cardano

Cardano is building a national-level partnership to empower individuals through distributed ledger technology. Individuals will be able to take ownership of their identity and assets, and prove it. Adaptation is expected to be fast in developing countries that are still free of middlemen. It is not my intention to oppose all intermediaries, but I look forward to a fair, easy to process, and convenient society that can provide financial opportunities to everyone without intermediaries.

ADA/USD

It is approaching the 200-day moving average (upper red dotted line) and the horizontal line. I bought some more ADA for the first time in a while and am watching with bated breath to see if it will break through to the downside. If it does, I will reverse my position and wait patiently again.

Overall, this is a daily chart, with a long-term perspective. It is not intended to give investment advice, but to be part of an important asset check and to support Cardano.
I may make predictions about trends, but this is just one individual’s perspective. Please analyze from various angles and trade at your own risk.

Thank you for taking your time reading.
If you would like to support Cardano with us, I would appreciate if you follow my twitter. We are delightful to have 1000+ followers now. Please stake with SUGAR stake pool if you like it. Thank you!