Using the ISPO mechanism Aada allows users to delegate their ADA to the Aada staking pool in order to receive $AADA. There are three variables that determine how much AADA one will receive:
Amount of ADA delegated
Number of entire epochs delegated
AADA reward ratio (0.005)
For example, if one delegates 100 ADA for 10 epochs they will receive 5 AADA on a time of an airdrop:
As in the example above, if you stake 100 ADA for the entire 10 epochs, you will receive 5 AADA.
How can I join?
ISPO will run 32 epochs or 4m of AADA tokens distributed, starting September 12th and ending February 19th or 4m AADA tokens distributed. However, anyone can join ISPO at any given time, before ISPO ends.
All you need to do to join ISPO is delegate your ADA into the Aada staking pool (ticker [ISPO]) using Yoroi or Daedalus wallet. Your contribution will start counting once a new epoch starts. You can track epoch start/end time on any Cardano explorer such as cardanoscan.io
Your contribution is only counted if the staking pool is not full. If the pool reaches saturation (~64m), we will create a new staking pool where you will be able to stake.
Only active stake is counted to ISPO. It takes one entire epoch for the delegated stake to become an active stake. For example, if you stake at epoch 292, your stake will become active on epoch 294.
You can leave ISPO by unstaking your ADA at any time. Your rewards will be calculated based on the number of epochs staked. After the ISPO concludes, accumulated $AADA rewards will be distributed every second week with a 9-month Token vesting period.