BICEP Stakepool πͺ
Cardano Stakepool Q&A
1.What is staking?
Staking is the process of actively participating in transaction validation (similar to mining) on the proof-of-stake (PoS) blockchain Cardano. π»
The advantages of Cardano staking are:
πͺ User friendly to do in the official wallet softwares Yoroi and Daedalus.
πͺπ½100% Safe and Secure as the ADA never leaves your wallet.
πͺπΏNo lock up period so you are free to move your ADA in and out your wallet.
πͺπ»Compound interest paid in ADA.
2.Why stake my Cardano ADA with BICEP?
Reasons why staking with BICEP is the right choice:
πͺπ» High Return on Stake.
πͺ Lowest Fees on the Network.
πͺπΏ Enterprise grade architecture and infrastructure.
πͺπ½Supporting the community & donating to charity.
Search BICEP in your Cardano ADA wallet and stake with us today!
3. What is the "25 Epoch Challenge"?
For the next 25 Epochs (epoch 245 - epoch 270) I will donate 25% of all the Stakepool Operators (SPO) ADA profits to the charity "The Muscle Help Foundation" (Registered Charity No. 1096716).
I hope this might catch on as a trend for SPOs (similar to the Ice Bucket Challenge).
4. Why did you choose this charity?
I chose "The Muscle Help Foundation" as they do tremendous work supporting sufferers of Muscular Dystrophy (MD).
The charity has a small tight-knit team, consisting mainly of volunteers with one full-time paid head responsible for the overall management and operational activities, including core purpose delivery and fundraising initiatives.
MD refers to a group of genetic, hereditary diseases that weaken muscles in the human body. MD is characterised by progressive skeletal muscle weakness, defects in muscle proteins and the death of muscle cells and tissue. There is currently no cure for MD.
5. When did you register the pool?
BICEP is a new stakepool registered on the 8th January 2021 π
6. What is your stakepool's goal?
To promote decentralisation of the network & be the strongest stakepool for our delegators! πͺπͺπ»πͺπΎπͺπΏ
7. When do you donate to Charity?
I plan to make three donations:
First after epoch 10 (so after epoch 255 ~ date 27th March 2021) *COMPLETED* https://twitter.com/BicepPool/status/1375875939138162692
Second after epoch 20 (so after epoch 265 ~ date 16th May 2021) *COMPLETED* https://twitter.com/BicepPool/status/1393557439438524417
Third and final after epoch 25 (epoch 270 ~ date 10th June 2021) *COMPLETED* https://twitter.com/BicepPool/status/1403064763941363715
To get the ball rolling I donated Β£25 on 30th January 2021. This is additional to the 25 Epoch Challenge.
*Update* After 10th epoch I donated Β£50 on 27th March 2021.
*Update* After 20th epoch I donated Β£250 on 15th May 2021.
*Update* After 25th epoch I donated Β£25 on 10th June 2021
Calendar for the 25 Epochs
Plan set! πͺ
8. Will you donate in ADA or fiat?
All donations will be in fiat GBP. We are not quite there yet but one day everyone will accept ADA! I truly believe Cardano will change the World!
9. How do we get in touch?
Please email me at biceppool@protonmail.com, reach out on Twitter @BicepPool or on Reddit u/BICEP_Pool.
Also make sure to join our Telegram Group for all the fun & chat! πͺ https://t.me/joinchat/Q1yc9cLpPitIXpds πͺ