The BeaglePool

The BeaglePool

The cutest darn staking pool in Cardano

ticker: BEAGL

Who we are

We are a small single pool operation that is mission driven to support beagle rescue, Cardano and the promotion of decentralized applications, systems and societies.

We love our rescue beagle dearly and want to support other beagles in need of care and loving homes. 10% of profits are donated to Midwest Beagle Rescue.

Midwest Beagle Rescue, Education and Welfare, MBREW is a 501(c)3 non profit, all-volunteer organization dedicated to rescuing beagles from high-kill shelters. They have adopted beagles to families within Illinois, Indiana, Michigan, Ohio, western Pennsylvania and Wisconsin, and have also placed beagles into loving homes in Minnesota, Iowa, and Missouri.

About our pool

The BeaglePool is hosted with a super fast 1Gb WAN connection on high performance hardware that is managed and maintained by a dedicated IT professional with 20+ years of experience providing operational security and highly available UNIX services for fortune 500 companies.

What is Cardano?

Cardano is a third generation cryptocurrency and the fourth largest by market capitalization. It is designed to be a flexible, sustainable and scalable blockchain platform for running smart contracts and will allow for the development of a wide range of decentralized applications, new cryptographic tokens, games and more.

What is staking?

Staking involves holding Cardano in a crypto wallet to support the security and operations of the Cardano network using PoS, Proof of Stake.

PoS is a consensus mechanism that allows blockchains to operate more energy-efficiently while maintaining a decent degree of decentralization.

When you stake Cardano you delegate it to a staking pool operator where it earns approximately 5% APR, paid to your wallet every epoch. Each epoch is a five day period.

The staking pool uses your Proof of Stake to provide consensus for the Cardano network and is compensated for each block that is confirmed by the pool. The staking pool then rewards the pool delegators from this compensation.

Unlike staking Ethereum, your Cardano stays in your wallet and entirely under your control. You are able to move, spend or withdraw it at any time.

Get a free Yoroi wallet and begin delegating a staking pool today!

Why stake with us?

We are a member of the xSPO Alliance. An association for the promotion of Cardano network decentralization that encourages delegation to small single pool operators.

Large multi-pool operators centralize Cardano network operations and consensus and compromise the stability and security of the network.

Decentralization is created by single pool operators. This enhances security and distributes the network, consensus and rewards among many small operations rather than a few large multi-pool operators.

Come on in, the staking’s fine!