SPO Spotlight: SMAUG
7/31/2024
In our SPO Spotlights, we highlight dedicated Stake Pool Operators from the Cardano blockchain. SPOs are the heartbeat of Cardano, integral to maintaining the network’s security and decentralization. These operators ensure the stability and reliability of the network by validating transactions and producing blocks. Today’s spotlight is on SMAUG Pool, renowned for its innovative pool.pm tool and its role as an early participant in the Cardano mainnet. This article will delve into SMAUG Pool, their delegator rewards, and more.
More About SMAUG Pool
SMAUG Pool is a highly regarded Stake Pool Operator (SPO) within the Cardano network, known for its robust technical infrastructure and significant contributions to the community. Launched during the initial hours of the Shelley mainnet, SMAUG Pool minted its first block on August 22, 2020, and has been producing blocks consistently ever since. This reliability has been a cornerstone of its operations, driven by Rémi, the pool’s dedicated operator.
Initially operating on cloud-based servers, SMAUG Pool has transitioned to using dedicated bare metal servers located in diverse geographical locations, including data centers across Germany, the UK, Finland, the US, and Singapore. This setup enhances the pool’s resilience, performance, and uptime. The pool’s operator, based in France, ensures continuous operations with an automatic block producer failover system, which has been in place almost since the pool’s inception.
A standout achievement of SMAUG Pool is its development of pool.pm, a real-time blockchain visualization tool. Pool.pm offers an intuitive interface for tracking blocks, staking activity, and pool performance. It has become an essential resource for both SPOs and the broader Cardano community.
SMAUG Pools Mission
SMAUG Pool’s mission is centered on its dedication to the Cardano ecosystem, aiming to enhance decentralization, performance, and security. The pool strives to create a communal space for sharing knowledge, statistical insights, and reporting issues, which supports the overall development of Cardano’s open-source tools and infrastructure.
Delegator Rewards
SMAUG Pool has minted 32 blocks so far this epoch, bringing its Lifetime Blocks produced to 8,378. The stake pool has a Lifetime Return on Stake (ROS) of 3.25%, and a 2 month ROS of 2.67%, and earned its delegators 4.4 million ADA of Lifetime rewards.
How to Stake to SMAUG Pool
To stake with SMAUG Stakepool you can either type SMAUG into the staking section of any mobile or desktop wallet or visit the following link: Stake with SMAUG — 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
SMAUG Pool exemplifies the innovative and dedicated spirit of Cardano’s stake pools. With its advanced infrastructure and development of the pool.pm tool, SMAUG Pool enhances the network’s security and decentralization while providing invaluable resources to the community. Rémi’s commitment to maintaining a resilient and high-performing stake pool underscores the collaborative nature of the Cardano ecosystem. By choosing to delegate to SMAUG Pool, stakeholders can support a pioneering and reliable stake pool, earn rewards, and support the creators of pool.pm, one of the most used tools in our ecosystem.
For more information, you can visit SMAUG Pools webiste at the following link: https://smaug.pool.pm/
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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