BraveHeartStakePool (BRAVE ⚔) Profile picture
Cardano community member & financial 'FREEDOM' provider. Ticker: BRAVE Pool I.D : c7013e0a9e0f04a0363998cac5db01f08aa466b755a1a91c42b4c4b3

Jun 5, 2021, 5 tweets

1/n

#CardanoCommunity did you know that Binance has 63 Stakepools online at the moment and control a combined stake of 2,821,129,079.01 ADA 🤯

All of their pools have a pool margin of 6%.

They even have a varied fixed fee costs of 340-345 ADA

Why stake with Binance?

2/n

With 63 pools they have a combined pledge of
*98 ADA ONLY*

This is completely unacceptable.

Pledging is an important mechanism that encourages the growth of a healthy ecosystem within the #Cardano blockchain.

Get you ADA off of Binance and support independent Stakepools

3/n

You must be think that with all this stake higher fixed cost and some of the highest pool margins of 6% they must payout good rewards?

*WRONG*

All pools have less than average Life Time ROS that ranges from 3.8 to 5% 🤯

This is not acceptable, you are losing your rewards.

4/n

With all this information, why are you still holding your ADA on Binance?

Independent pools have fixed fees that are less 0-5%

They have much better Life Time ROS from 4.5-6.0% and in some cases even better.

They pledge all their #ADA for the good & health of the #Cardano

5/n

You know what you have to do. 👍🍻

Get your #ADA off of these exchanges and support independent Stakepools to strengthen the #Cardano Blockchain.

You have the power to make a difference, stop lining the pockets of these major companies & support the hard working SPO's.👍🍻

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