Donations and Incentives for Delegators
The margin fee is set to 0%, so all of the rewards go to our delegators (you!) and 20% of the fixed fee will be donated either to charitable organizations or to volunteer fire departments directly (20% of the minimum of 340 ADA is 68 ADA, and we will donate that for every epoch we mint blocks). Please check out the organizations below and make a donation too!
Our stake pool is up and running since April 5, 2021, and we produced our first block in epoch 280 with a total active stake of around 174k ADA. We received the first pool reward as expected in epoch 282 and decided to make the first donation of 94.76 USD to Africa Fire Mission (proof). AFM donates gear and provides training and education to fire departments in developing communities in Africa.
We produced our second block in epoch 286, and although we donated the same amount of ADA as last time (68 ADA), due to the appreciation of the ADA exchange rate (at 2.85 USD at the time of donation), our second donation is a whopping 193.80 USD (171.93 €)! This month's donation goes to the Fallen First Responder Home Program of the Tunnel To Towers Foundation (proof). T2TF's goal is to ensure stability and security for families of first responders who had to face sudden, tragic loss.
We donated 136 ADA (301.35 USD or 267.07 €) to the Phoenix Society of Burn Victims (proof) on October 19th for the blocks minted in epochs 288 and 290. PSBV is the leading nonprofit organization dedicated to empowering people affected by a burn injury.
The latest donation of 136 ADA (165.79 USD or 146.80 €) went to @fire - Internationaler Katastrophenschutz Deutschland e.V. on December 20th for the blocks minted in epochs 299 and 303 (proof). @fire is a non-profit aid agency of firefighters, paramedics and other first responders who help internationally in emergency cases such as earthquakes or wildfires.
The frequency of further donations will depend on how often we get blocks and how large the amounts we accumulate are in the end, but donations will be made at least monthly. We will encourage the receivers to accept the donation in ADA and help them with setting up a wallet, transfer the donation to their wallet and help them to start staking. Of course we will donate in cash if that is preferred.
Reward Programs: Earn some $PIGY tokens and $THANK coins by staking with ATFF!
We also offer $PIGY tokens and $THANK coins as a reward to our delegators. These tokens have been introduced on the Cardano blockchain and are issued at pigytoken.com and thankcoin.io to stake pool operators so they have some form of reward they can give to loyal delegators. We sent the first batch of $PIGY tokens to our delegators in epoch 283 (screenshot from Yoroi), but future rewards will only be sent to delegators who contact us. Why is that so? When sending tokens, you automatically also send out 1.5 ADA, and it is required for a delegator to send us 1.5 ADA upfront, so we can send them their $PIGY tokens plus the 1.5 ADA back. We reward our delegators for every epoch they stake in our pool, the more ADA and the longer you delegate to ATFF, the more $PIGY tokens you will get (payout scheme).