Cardano Foundation (CF) reduced one of most crucial parameters for ADA stakers by 50%, here's why
With a new adjustment, a minPoolCost parameter is lowered from 340 to 170 ADA. Largely, it will affect the economics of small ADA staking pool operators. This may attract new enthusiasts to the staking ecosystem of one of the second largest PoS L1s.Cardano's minPoolCost parameter, a metric that displays the value that can be deducted from pool rewards before distribution, underwent a 50% reduction today, Oct. 23, 2023.
Together with K-ration, minPoolCost is set to motivate users to cooperate with smaller ADA staking pools. As covered by U.Today previously, as the, this upgrade will reduce the"floor price" for small pools, making the barriers to entry to Cardano staking lower than ever before., the ADA staking ecosystem is undergoing a major activity spike in October 2023. Its staking market cap jumped above $6 billion. A 128.
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