SPO Spotlight: ADA4GOOD
5/22/2024
ADA4GOOD began its journey as a Cardano stake pool operator on February 27th, 2021. The pool quickly established itself as a significant player within the ecosystem, minting its first block by June 19th, 2021. ADA4GOOD has since gained recognition for its impactful mission to “Educate, Connect, and Empower” both children in need and the broader Cardano community. This article will delve into ADA4GOOD, the stake pool’s mission, delegator benefits, and more.
About ADA4GOOD
ADA4GOOD is a mission-driven Cardano stake pool founded by Vahid, a seasoned professional with over 25 years of experience in sales, marketing, and trading. Born in Iran and now based in the Netherlands, Vahid’s childhood experiences with poverty and war have deeply influenced his commitment to helping children in need. This dedication is reflected in ADA4GOOD’s mission to “Educate, Connect, and Empower” both the Cardano community and vulnerable children worldwide.
Since its inception on February 27, 2021, ADA4GOOD has achieved significant milestones, including minting its first block on June 19, 2021. The pool donates a portion of its margin fees to Save the Children, highlighting its commitment to social impact. Additionally, ADA4GOOD supports the World Mobile project by hosting a Wolrd Mobile Earth Node, demonstrating its active participation in advancing the Cardano ecosystem.
ADA4GOOD has been recognized for its contributions within the Cardano community, receiving multiple nominations at the Cardano Foundation Summit awards. It is a proud member of several alliances, including the xSPO Alliance for smaller stake pools, reflecting its collaborative and supportive approach to fostering growth and innovation within the Cardano blockchain.
ADA4GOODs Mission
ADA4GOOD’s mission revolves around the powerful slogan, “Educate, Connect and Empower,” which guides their support for both children in need and the Cardano community. By donating 33% of their margin fees to Kumwe Hub, part of Save the Children, they prioritize educating the next generation. ADA4GOOD also backs connectivity projects like World Mobile, enhancing internet access and financial inclusion for underserved communities. Within the Cardano ecosystem, ADA4GOOD is dedicated to educating the community through active participation on forums, Reddit, and Discord, alongside publishing educational blogs. They foster connections by uniting small Stake Pool Operators and delegators through the “xSPO alliance,” ultimately empowering a stronger, more impactful community.
Delegator Benefits
Delegators to ADA4GOOD enjoy a range of benefits that make staking with this pool highly attractive. The pool boasts a lifetime return on stake (ROS) of 3.36% and a current ROS of 2.75% over the last two months, according to Pool Tool, aiming for reliable ADA staking rewards.
Beyond these consistent returns, ADA4GOOD offers additional value through participation in ISPOs like Cerra, Machiavellic, and the upcoming Astarter, providing extra rewards. As a World Mobile Earth Node Operator, ADA4GOOD distributes $WMT tokens to delegators holding an ADA4GOOD NFT, further enhancing delegator benefits. Additionally, delegators can partake in monthly lotteries, adding even more incentives to support this mission-driven pool.
Beyond the financial incentives, delegators to the ADA4GOOD pool have a real-world impact by helping the stake pool operator support an impactful charity. With over 50,000 ADA donated to Save the Children via Kumwe Hub, ADA4GOOD’s contributions make a significant difference.
How to Stake with A4G
To stake with ADA4GOOD you can either type A4G into the staking section of any mobile or desktop wallet or visit the following link: — Stake with A4G — then press the Join button on the right side of the pool.pm page. You’ll then receive a dapp connection request pop up from your wallet after which you’ll need to sign a transaction to complete the delegation process.
Conclusion
In our SPO Spotlights, we highlight the passionate Stake Pool Operators (SPOs) who form the backbone of the Cardano blockchain, ensuring its security and functionality. This edition delved into ADA4GOOD, emphasizing its robust infrastructure, mission-driven approach, and the diverse benefits it offers to delegators — consistent ADA returns and additional rewards from multiple Initial Stake Pool Offerings (ISPOs). Through this spotlight, we aimed to illuminate ADA4GOOD’s significant impact on the Cardano ecosystem, its commitment to charitable initiatives, and its support for global connectivity projects. This deep dive enhances our understanding of ADA4GOOD’s integral role and unique contributions to the community.
You can find out more at the following link: https://www.ada4good.com/
This article is strictly for informational purposes and does not constitute a promotion or financial advice. Our aim is solely to provide users with the latest news and updates within the Cardano ecosystem.
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