Last week, WISH Pool hit its 50th minted block milestone— smashing it in style by minting 6 blocks in the epoch. This week we’re expected to reach 60 blocks.
For the past few months, WISH Pool has lowered its margin to 0% to make sure that ALL delegators gets their maximum rewards. This is a different strategy compared to some SPO who set a higher margin and then give a subset of their delegators NFT Giveaways or extra coins. Either strategy is not entirely better than the other. The NFT route seem to have more benefit to the SPO in the long run, but for now, we chose to stick to the 0% margin strategy to give delegators maximum returns. We may eventually change this strategy in the future if we find a better way of rewarding all delegators.
If you prefer getting rewards from a 0% Margin pool, delegate your ADA to WISH Pool while we still have this in place.
In other news, Cardano ADA price has been lingering just below the 3 dollar mark now that smart contracts is just weeks from going live. It is expected to go above 3 USD sometime in September.
Investors are banking on the successful implementation of smart contracts which will usher in faster adoption. More projects are expected to get created or migrated to Cardano due to its faster processing time, scalability and most importantly— cheaper transaction costs.
Personally, I think these are exciting times but it is only the beginning. The real party will start in around 3 to 5 years when all the current batch of announced projects comes to fruition. Their success will usher in a whole generation of new apps which will propel Cardano to greater heights of adoption. How much will Cardano be by then? I don’t know as it is quite a way off but I am quite sure that it will be much higher than just 3 USD 🙂
If you like this article, we would greatly appreciate if you delegate your ADA to WISH Pool. You will be earning interest rewards while indirectly helping the lives of disadvantaged children. This is because WISH Pool pledges to give at least 10% of its own profit to educational charities so that successful students can help get their families out of poverty.