$ADA #POWERING_POSITIVE_IMPACT xSPO, CSPA & CNC Alliance @DexHunterIO Partner Pool drep104534qle8pq34satg3xxr2vp67v9630wc67qfq0ly0vycfrx5l3 #MITHRIL #MIDNIGHT
Planet Earth,Milky Way Galaxy
Joined February 2022
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RCADA is pleased to announce that we are now part of the CNC Alliance, whilst committing a min of 20% of our pool’s margin to the CNC Ala charity project: climateneutralcardano.org/cn… @CardanoCnbg #Cardano #Crypto #Charity
Rick (RCADA) | Cardano SPO & Drep 🇿🇦🇬🇧 retweeted
👇
The number of active DReps currently ranges between 100 and 130.
Two proposals have a deadline this weekend. I know many DReps tend to vote on the final day, yet I do not expect a significant surge of interest this time around.
There is almost no discussion taking place regarding these proposals, not even on DrepTalk.
I believe that if a major proposal requesting tens of millions of ADA were submitted, DReps might actually show up.
It seems they show little interest in voting on smaller proposals.
Several DReps have recently retired. Instead of "power to the edges," power is becoming centralized in the hands of the top DReps. It appears that only the major players see value in voting.
Many SPOs have gone out of business because, for years, no one addressed the issues surrounding multi-pool operators or pushed for parameter changes.
I perceive a similar lack of interest in resolving governance issues.
From my position, I can identify the problem, but unfortunately, I cannot solve it.
In any case, I want to assure you that I remain an active DRep.
Rick (RCADA) | Cardano SPO & Drep 🇿🇦🇬🇧 retweeted
Diffusion Staking Basket users were earning complementary NIGHT tokens on top of their cardano:native staking rewards.
We allocated 200k NIGHT from our own resources for this campaign, that started in 2025.
With 240k NIGHT distributed over the last 10 months, this campaign has now ended.
Sad to see Icebreakers wind down.
For a small single pool, that programme was more than an API side-gig. It was a real way to put a node to work for the chain: wallets, DEXs, marketplaces, the tools people actually use. Blockfrost opened that up to operators who would never have been in the room otherwise, and a lot of us smaller pools felt that.
It also mattered as a principle. Cardano’s pitch is that the network should not depend on a handful of companies. A community of operators serving live traffic was one of the clearer proofs of that. Losing it is a step back, even if the decision to close it cleanly is an honest one.
Grateful to @blockfrost_io for building it, and to the other Icebreakers who kept it running. Hope something in that spirit comes back.
much 💙🧊!
Rick (RCADA) | Cardano SPO & Drep 🇿🇦🇬🇧 retweeted
Now live: a parameter update to lower minPoolCost from and complete planned increase in Plutus memory limits.
The proposal aims to ease pressure on smaller stake pools & reduce friction for developers.
Ratification requires support from both DReps (67%) and SPOs (51%).
To help informed decision making please read our blog: intersectmbo.org/news/loweri…
Rick (RCADA) | Cardano SPO & Drep 🇿🇦🇬🇧 retweeted
EMURGO & Yoroi DRep Update: Upcoming Changes to Our DReps
As we continue to support affected users of the @secondfiapp security incident and make further progress towards the recovery phase, we want to give notice of two governance decisions: our immediate resignation from the @IntersectMBO board and our intention to de-register our DRep role in Cardano governance in due course.
Both decisions reflect our focus on directing our full attention and resources toward the recovery effort and ensuring affected users are properly supported through this process. We recognize that our seat on the Intersect board and our DRep role each represent meaningful responsibilities within the Cardano governance ecosystem and we do not take the decision to step back from either lightly.
When you migrate your wallet, it will be automatically undelegated from both your stake pool and your DRep. You will then be free to choose a new DRep that best represents you.
We will share full guidance, including timing, as the migration tool launches.
Rick (RCADA) | Cardano SPO & Drep 🇿🇦🇬🇧 retweeted
The 5am.earth proposal expires tomorrow. Despite a big community push on X recently it still falls short of passing.
Among big retiring DReps recently - Peyton voted YES but retired his DRep before the vote concluded, and Linda has voted NO but has expressed an intention to retire her DRep shortly. This accounts for nearly 100M ada in voting power.
IF you would like to see this proposal pass, please move to an active DRep that has voted YES before vote close on June 23, 2026 at 21:44 UTC.
adastat.net/governances/aaa6…
Rick (RCADA) | Cardano SPO & Drep 🇿🇦🇬🇧 retweeted
When times are rough, it's always good to refocus on higher yield!
After the successful governance vote, the Diffusion Staking Basket will optimise for higher staking yield, using single SPOs!
Currently offering a combined ADA + NIGHT annual staking yield of 4%! 🔥
Rick (RCADA) | Cardano SPO & Drep 🇿🇦🇬🇧 retweeted
@jasonappleton have you seen the Incentives ballot on Ekklesia?
It's a vote for dReps and SPOs to change Incentives through 3 proposed CIPs.
If you have questions on the CIPs there is more resources here
incentives.solutions/quick-l…
Or I'm sure @Cerkoryn
Or myself can answer questions you have. Thanks!
app.ekklesia.vote/ballots/69…
Rick (RCADA) | Cardano SPO & Drep 🇿🇦🇬🇧 retweeted
🤔 Did you know our Incentives Working Group has accomplished all this in about a year without any funding?
-2 CPSs
-8 CIPs
-2 PCPs, one of which was finally approved by the parameter committee. (Reduce pool min fee to 75 ADA and K to be discussed this week.)
-1 whitepaper
-2 tools for modeling incentives (spo-incentives.vercel.app/ and earncoinpool.com/CIP-163.htm…)
-An update to the RSS Simulation engine at the University of Edinburgh Blockchain Technology Lab.
-An Ekklesia ballot to let the community vote on everything.
app.ekklesia.vote/ballots/69…
Show our members some love ❤️
@rabbitholepools
@Cerkoryn
@BBHMM_Stake
@Star_Forge_Pool
@earncoinpool
Rick (RCADA) | Cardano SPO & Drep 🇿🇦🇬🇧 retweeted
If you plan on voting YES on the new committeeMinSize proposal, you're better off waiting until the resolution of the Increase Tx and Block Mem Units proposal has concluded. Why?
1) If it passes, the committeeMinSize proposal becomes null and void anyway.
2) If it does not pass, then the committeeMinSize proposal remains in play.
What?
A parameter update proposal must reference the last enacted parameter update action when it is submitted. If two live actions of the same type point to the same previous update, only one can pass. As soon as one does, the new "last enacted parameter change" changes, meaning the other proposal now has an incorrect previous GA reference.
What was the last parameter update you ask?
"Plutus V3 Cost Model" in Nov 2024 (b2a591ac219ce6dcca5847e0248015209c7cb0436aa6bd6863d0c1f152a60bc5#0)
Could this have been avoided?
Yes. If the existing parameter GA was expected to pass then you can have two live parameter changes by pre-emptively referencing the live action GA. This approach was first witnessed on SanchoNet, and then on mainnet during the two update CC GAs recently.
Should you vote now or later? I guess it depends on how much you value your time.
I have plenty of other views on this whole scenario but those will be going into my rationale eventually.
Rick (RCADA) | Cardano SPO & Drep 🇿🇦🇬🇧 retweeted
Minting is LIVE on the 1st “On-Chain Melodies” album from 2Lovelaces & @LidoNation. The songs are catchy & lo-key hilarious, but the best part is they are teaching real FACTS about #Cardano PARAMETERS. Share the gift of knowledge! stuff.io/music/on-chain-melo…
Rick (RCADA) | Cardano SPO & Drep 🇿🇦🇬🇧 retweeted
Are you looking forward to your NIGHT distribution claim?
So are we! Because we'll add NIGHT tokens to the rewards of the Diffusion Staking Basket!🎉😱
So for staking ADA through Diffusion, you'll receive your ADA staking rewards, ATMA & NIGHT tokens every epoch! 👀
Details 👇
Rick (RCADA) | Cardano SPO & Drep 🇿🇦🇬🇧 retweeted
You can stake ADA right now to earn Night every epoch.
Only on atrium(dot)io!
Rick (RCADA) | Cardano SPO & Drep 🇿🇦🇬🇧 retweeted
Guest blog writer/Blink Labs Documentation Engineer, Rich Manderino (@earncoinpool) explains what Cardano’s protocol parameters mean for operators and delegators in our newest blog post. A helpful overview of K, fees, saturation and proposed new settings.
medium.com/@blinklabs_io/car…
Rick (RCADA) | Cardano SPO & Drep 🇿🇦🇬🇧 retweeted
Leios is paving the way for greater scalability on Cardano. Join our Leios Review and Demo call later today at 2 PM UTC to explore the latest progress, including demos of a network prototype and voting mechanism from the Leios protocol.
youtube.com/live/5baqGY7WXAc…
Rick (RCADA) | Cardano SPO & Drep 🇿🇦🇬🇧 retweeted
Want to see how much sticky stake your pool has?
Remember if CIP-163 is enacted there will be time for people to make a transaction. So these numbers are the worst case scenario.
And watch our presentation on CIP-163 at the link in quoted post below.
earncoinpool.com/CIP-163.htm…
Both @Cerkoryn and I, from the community Incentives Working Group recently sat down with the @Cardano_CF to go over and explain our CIP-163 on sticky / lost stake.
Please give it a watch and let us know your thoughts.
youtu.be/zxcuOqHe7zA?si=vdBc…
Rick (RCADA) | Cardano SPO & Drep 🇿🇦🇬🇧 retweeted
Want a head start? 👀
Pre-registration for Scavenger Mine opens tomorrow, Oct 29.
👉 Learn more at midnight.gd
Pre-registration for Scavenger Mine opens tomorrow. 🔥
You can register your unused Cardano Destination address early to start participating as soon as the mine opens.
🗓 Pre-registration: Oct 29
🌐 Participate: midnight.gd
💻 No install required
Rick (RCADA) | Cardano SPO & Drep 🇿🇦🇬🇧 retweeted
The Diffusion Staking Basket has gone up to 726k ADA TVL, with new users coming daily!
Diffusion has been running flawlessly for over 2 months, distributing ADA to 50 single stake pools, supporting small pools, and providing additional Tokens on top of ADA staking rewards.
Rick (RCADA) | Cardano SPO & Drep 🇿🇦🇬🇧 retweeted
Self tag: @HephyPool
Tagging fellow sub-1M single SPOs and Mithril supporters: @Upstream_ada @PetStake @FLUID7 @envystakepool @RcadaPool @earncoinpool