Ardana has announced the Ardana ISPO to the community.
Ardana is offering $DANA tokens for users that are staking at the various stake pools that are a part of the Ardana Stake Pool Alliance, which we ADAOZ is a part of.
The team at Ardana have witnessed large amounts of ADA consolidate around a few stake pools in the community. The market desires these tokens and it is clear to see with the delegation that has moved for them. With over 50 pools in the alliance, a delegate to choose any of these pools to be able to earn more $DANA tokens.
Furthermore, there are incentives for users to stake for a longer period of time to be able to earn bonus tokens. That creates staking loyalty.
7 comments on “Ardana ISPO via the Ardana Stake Pool Alliance”
I am currently staking to a pool in the alliance. Will my Dana rewards be distributed directly to my wallet at the end of each Epoch with/like my Ada rewards?
No, rewards for the DANA ISPO will need to be claimed at sometime after the end of the ISPO. There will be a faucet and other tools to make that possible.
Is that too late to do any staking to get dana? I purchase some, but it automatically went into my Nami wallet as an NFT instead of being treated as a token? Am I buying a NFT or a token? I get my swap from Sundaeswap, will I be staking my DANA NFT?
Nami is simply incorrectly treating the metadata of the token. It should be updated so that it appears in the right places. You can still delegate for it as it officially starts in June
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I am currently staking to a pool in the alliance. Will my Dana rewards be distributed directly to my wallet at the end of each Epoch with/like my Ada rewards?
Hi Myles
No, rewards for the DANA ISPO will need to be claimed at sometime after the end of the ISPO. There will be a faucet and other tools to make that possible.
Is that too late to do any staking to get dana? I purchase some, but it automatically went into my Nami wallet as an NFT instead of being treated as a token? Am I buying a NFT or a token? I get my swap from Sundaeswap, will I be staking my DANA NFT?
Nami is simply incorrectly treating the metadata of the token. It should be updated so that it appears in the right places. You can still delegate for it as it officially starts in June
When does the ISPO end?
When is the ISPO over?
I believe it was in late Dec or Jan 2023