Initial Stake Pool Offering
What is an Initial Stake Pool Offering (ISPO)?
An Initial Stake Pool Offering (ISPO) is an innovative fundraising mechanism utilized within the Cardano Ecosystem. It presents a unique approach, diverging from traditional Initial Coin Offerings (ICOs), by leveraging the Proof of Stake (PoS) consensus model. ISPOs encourage active participation and a sense of community.
Crashr ISPO
Crashr harnesses the potential of the Cardano Blockchain. Unlike other blockchain technologies, Cardano distinguishes itself with its unique functionalities and features. This makes it an ideal choice for our platform, allowing us to leverage its robust and innovative ecosystem for our Initial Stake Pool Offering (ISPO). This ISPO is a cornerstone of our strategy, enabling us to tap into the strengths of Cardano's Proof of Stake (PoS) system, and aligning perfectly with our commitment to innovation and community engagement.
ISPO Details
| Area | Information |
|---|---|
| ISPO Launch | December 1st, 2023 (Epoch 452) |
| ISPO Duration | 30 Epochs -> (+20 Epochs) |
| ISPO Ends | Extended -> August 7th, 2024 (Epoch 502) |
| Total $CRASH Rewards | 3,000,000 CRASH |
| ISPO Rewards | 2,000,000 CRASH |
| ISPO Bonus | 1,000,000 CRASH |
Rewards Calculator
Crashr employs a straightforward and equitable reward system, designed for clarity and fairness for all participants. Those who delegate to our stake pool early will optimize their CRASH token rewards.
In addition to the standard ISPO rewards, our delegators have the opportunity to earn extra through our Bonus Reward Program which is based on Amount of Epochs and NFT holdings.
When you delegate to our stake pool, Epochs don't have to be consecutive. ONLY the total number of epochs matter.
How many CRASH Tokens are rewarded per Epoch?
This is the simple Calculation:
Per ADA = 0.010 $CRASH
How do you calculate your rewards with Bonus?
This is if ( you are applicable) for the bonus:
Total CRASH Rewards=(ADA×0.010*(Total Epochs))*(Bonus Percentage)
Upon the extension of the ISPO, the**red** bonuses are no longer available.
Main ISPO Partner
We are excited to announce that Crashr is partnering with Maestro for our Initial Stake Pool Offering (ISPO). Maestro's team, renowned for their experienced engineers, will be taking the lead in deploying and operating the stake pools essential for our ISPO. Their expertise is a vital asset, ensuring that our ISPO process is efficient and seamless. We are immensely grateful for this collaboration and look forward to the enhanced capabilities and smooth operation that Maestro will bring to our project.
Partner SPOs
Stake Pool Operator (SPO) partnership with four pools — RUMOR, KTOP, HAPPY, and ELEMENTAL — as part of our Crashr Initial Stake Pool Offering (ISPO).
Our Partnership
We have structured our partnership so that 10% of the rewards accrued in the main pool: CRASH, for each epoch, commencing with Epoch 459, will be uniformly distributed among our four partner stake pools as part of our ISPO allocation. This equitable distribution strategy is meticulously designed to ensure that every partner pool derives equal benefit from their contributions to Crashr’s ecosystem.
The Partnership is rooted in the fundamental belief of strengthening the Cardano ecosystem through collaboration and mutual support. By partnering with SPOs, we are not only expanding the reach and impact of the CRASH token but also fostering a more interconnected and robust community. This collaborative effort with SPOs ensures that the benefits of our growth are shared, contributing to a more decentralized and equitable blockchain environment. It’s a step towards nurturing a vibrant, and engaged community.
SPO Allocation
To simplify, 10% of the CRASH generated in the main pool will be allocated for distribution among all delegators within our partnered pools. The individual share for each delegator is determined by the proportion of their ADA stake in comparison to the cumulative ADA staked across all four of our partnered pools. This straightforward method ensures a fair and equitable distribution of rewards, reflecting our commitment to balanced and transparent practices.
Partners Details
RUMOR
Discover RUMOR
Operated by MladenLm COO of @anastasialabs, RUMOR Stake Pool is dedicated to the core principles of decentralization. This solo stake pool focuses on enhancing the strength and resilience of the Cardano network. Operated on a bare metal setup, RUMOR contributes significantly to the Cardano ecosystem.
KTOP
Discover KTOP
KTOP invites delegators to join with full benefits. They offer a minimal operation fee along with various delegation perks, including bonuses in various dApp tokens. KTOP’s approach ensures that delegators receive optimal rewards and benefits while supporting the Cardano network.
HAPPY
Discover HAPPY
Committed to sustainability, HAPPY Stake Pool operates on 100% renewable energy. As a member of the Climate Neutral Cardano alliance and one of the initiators of the Cardano Forest, HAPPY is invested in environmental causes. They allocate 25% of their earnings to various charities, aiming to create a cleaner and greener planet.
ELEMENTAL
Discover ELEMENTAL
ELEMENTAL is a mission-driven Single Stake Pool, where 30% of profits are donated to support open-source initiatives. Managed by @Solid_snake_dev, a dedicated Cardano open-source contributor, ELEMENTAL plays a vital role in the Cardano ecosystem by developing and contributing to open-source projects.\