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🛣️AKYO Pool Policy after minPoolCost change

· 2 min read
Akyo
Cardano Stake Pool Operator

Proposal to reduce minPoolCost parameter from 340 to 170 ADA submitted on mainnet

10/23/2023 Cardano Foundation announced that it successfully submitted a transaction on the Cardano mainnet that lowered the minPoolCost parameter from 340 to 170 ADA Accordingly, starting with Epoch 445 (scheduled for 10/28/2023), the minimum setting value for the minPoolCost (minimum pool fixed cost) parameter can be reduced from 340 to 170 by each pool's policy/decision.

Protocol Update Transaction details

AKYO Pool Policy

AKYO Pool lowers the minPoolCost parameter from 340 to 170 ADA and sets Margin to 3%.

Reason

Since this is a very small pool, the minPoolCost (minimum pool fixed cost) will be lowered in order to be competitive. The current minimum minPoolCost (minimum pool fixed cost) of 340 ADA is not an option for delegation because many delegators tend to avoid pools less than 10M and delegate to pools above 10M. (Current total delegation for AKYO pool on 10/26/2023 = 1.84m ADA) Therefore, we decided to make this policy in order to have our representatives choose to delegate to our pool, even if it means cutting the operator's compensation. Regarding margins, we believe there is a concern that low-cost competition will be created, and we are operating nodes on high-quality servers. As for our track record, next March will mark the third anniversary of the pool's establishment. We are proud that we have supported many SPOs in Japan. With this in mind, we have set Margin at 3%.

Finally

We will continue to contribute to the community, and we appreciate your continued support.

We have posted the staking method, so please access it from the link below and delegate it, it will be encouraging in the future! Thank you!!

👉How to start staking

Thank you for taking the time to read this page to the end.

🗳️On-Chain Polls

· 2 min read
Akyo
Cardano Stake Pool Operator

Entering Voltaire: poll experiment live on mainnet pic

Which of the 6 choices did AKYO vote for?

🗳️

Which setup would you prefer to be put in place from Q3 2023 onwards?

  1. Keep k at 500 and halve minPoolCost to 170 ada.

I voted above.

👇You can see what each pool voted for from the URL below, so please refer to it.

Why did we choose this?

From the point of view of decentralization, we were thinking of k = 1000, but when k went from 150 to 500, I think there was a lot of movement to divide the pool and guide it to their own pool. Personally, I don't think splitting the pool is good from a decentralization point of view. I would like to consider it carefully. Next is minPoolCost (minimum fixed cost of the pool), because the minimum pool fixed cost is a relatively high percentage of total compensation, less than 10 million means it is not competitive. For this reason, many delegators tend to avoid pools of less than 10M and prefer pools of 10M or more. Therefore, we chose to halve the minPoolCost to 170 ADA to give the smaller pool a competitive edge. Finally, be aware that some Operators in smaller pools have determined that they are receiving too much of their current Operator rewards and regularly or irregularly distribute rewards to their Delegators. Our pool is one such pool.
Thank you for reading.


Which setup would you prefer to be put in place from Q3 2023 onwards?

  1. Keep k at 500 and minPoolCost at 340 ada.
  2. Keep k at 500 and halve minPoolCost to 170 ada.
  3. Increase k to 1000 and keep minPoolCost at 340 ada.
  4. Increase k to 1000 and halve minPoolCost to 170 ada.
  5. I would prefer to abstain.
  6. None of the above.

Flow

SPOs must begin voting in Epoch 412 and have voted by the end of Epoch 413. From Epoch 414, it is your turn, as ADA holders, to think.
For more information, check the following article. Entering Voltaire: poll experiment live on mainnet

🎉ISPO Information! AKYO🥁 was selected as Cardano Community Charity Coin!

· 2 min read
Akyo
Cardano Stake Pool Operator

Cardano Community Charity Coin(CCCC)is a newly launched native token on the Cardano blockchain that serves as both an investment vehicle and a governance token for CCCC's Decentralized Autonomous Organization (Charity DAO). Charity DAO is a project dedicated to facilitating community-driven giving and adoption of blockchain technology by nonprofits.

When a trade is conducted using CCCC, an 8% fee is charged, and the proceeds are deposited into the Charity DAO treasury. These funds are then utilized for donations and overhead expenses. Custom tokenomics have been implemented, including an automatic burn mechanism, to ensure a stable token price and discourage pump-and-dump schemes.

Our pool [AKYO] was selected for this great project 🎉

👉Go to the Tweet from CCCC

🎉

If you have delegated to AKYO, you can get your CCCCoin at DripDropz!!

dripdropz_listing-ispo-cccc Learn about the token projects participating in DripDropz

Token: $CCCC
Start Date: 23 February 2023 (Epoch 396)
End Date: TBA

To learn how to obtain tokens, please see 💧How the DripDropz Platform Works💡

👀✨

It seems that it is now possible to delegate on Maestro, the ISPO marketplace 🎉
maestro_listing-ispo-cccc

The staking method is posted on the link below. It would be very encouraging if you could entrust it to me! thank you!

👉How to start staking

🎁Small Gift

· One min read
Akyo
Cardano Stake Pool Operator

Small Gift Transaction ID

The transaction ID below is the ADA, NFT, or FT transaction ID that I sent to my delegator.


02/22/2023

f3216439c52c3a0f9cacadeda9f0033c48db2d59257b8e6ea0fd5748b3174413

12/24/2022

6619c6fea00bde5d86bff69d50164a2da3fefa77a982de8af55feb6fe4a34cd3

10/23/2022

db7d33b90444fa62b9dda0d64b8aeea778d3268a0bbf80e8ba77f31f116c2df9

❤️Donation to NPO Tears of the African Elephant

· 5 min read
Akyo
Cardano Stake Pool Operator

2022 Donation Destinations

We have selected a donation destination for 2022. As you can see in the title, the 2022 donation destination has been decided to be "Tears of the African Elephant". The founders are Japanese women who grew up in Africa.

donation-tears-of-the-african-elephant-1

Organization overview【Article 3 of the Articles of Incorporation】
This corporation informs Japanese society and the Japanese people of the current state of endangered wild animals such as African elephants and rhinos, promotes the protection of these animals, and addresses various social issues related to them. In order to overcome this, we aim to raise global interest in environmental conservation and contribute to the construction of a sustainable society in which people and nature coexist in harmony, in cooperation with the general public and domestic and international organizations.

Why did you focus on elephants for this donation drive? Why did you select this corporation? You may be thinking, "Why did you choose this organization? But for some reason, I have always been interested in elephants. As I researched about elephants, I learned that they have the following characteristics and personalities, and I was attracted to them. The following are some of the characteristics and personalities of elephants.

  • Elephants are very social, good at adapting to changes in their environment, quick learners, team oriented, caring and very good at communicating. And the elephant never forgets the kindness received. I think it was because I was attracted to the charm of elephants and sympathized with the issues that this corporation is tackling.

The issues that this corporation will address.

I would like to post some of the issues that the corporation is addressing. donation-tears-of-the-african-elephant-2

"Japan" is the world's largest ivory consuming country

  • The number of African elephants in the wild has declined by 3% in the last 100 years, and Japan is a major player in this crisis. In the 1980s, the number of African elephants in the wild was halved. It is said that the Japanese ivory market consumed nearly 70% of this amount.

14,000 ivory pieces registered since 1995

  • International trade was banned in 1989, but anyone can register ivory that entered Japan before then. Since there is no need to prove the source of ivory, it is considered a problem that illegal ivory can be mixed with legal ivory and not be identified.

Illegal ivory is not subject to control if cut.

  • In Japan, anyone can register ivory as new legal ivory, even if they cannot prove its origin, as long as they write that the ivory came in before 1989. In addition, only single tusks need to be registered for sale, and cut pieces are not subject to registration.

80% is used for seals

seals = Also known as a name stamp.

  • What does Japan use ivory for? As a former ivory powerhouse, Japan consumed 67% of the world's ivory in the 1980s. Since China stopped selling ivory, Japan is again the world's largest seller. Today, 80% of ivory is still used as seals.

About 8,000 ivory dealers in Japan

  • While domestic sales of ivory are being withdrawn one after another in foreign countries, Japan has many dealers in stores and on the Internet. Recently, there is also concern about the increasing number of cases of ivory bought in Japan being illegally taken overseas.

Ivory is banned in many countries around the world.

  • In 2015, a UN resolution unanimously adopted a ban on ivory sales. In 2017, China, which has the longest history of ivory use, also banned trade. And in 2020, if things continue as they are. Japan may become the only ivory market in the world.

There are things we can do to protect a world that will still have African elephants 10 years from now!

When I learned about this, I decided to donate as a Monthly Supporter.

donation-tears-of-the-african-elephant-3

Finally

In Japan as well, in order to aim for a "breakaway stamp", the trend of full-scale introduction of electronic contracts / electronic signatures, which is becoming commonplace internationally, not only for companies but also for ministries and agencies, is finally getting worse due to this corona disaster. seems to be progressing. The article will be in Japanese.

In an era of "no hanko" the future of "electronic contracts/signatures" in the midst of the corona crisis Interview with Professor Tezuka of Keio University

I sincerely hope that Japan will not become the only ivory market in the world, and that ivory poaching will end. I would appreciate it if this donation could help African elephants. Thank you for reading to the end.

For past donation activities, here.

Thank you for reading to the end. We have posted the staking method, so please access it from the link below and delegate it, it will be encouraging in the future! Thank you!!

👉How to start staking

🌲Results of the Green Energy Questionnaire

· 2 min read
Akyo
Cardano Stake Pool Operator

Green Energy Survey Results

The third IOG delegation strategy in October 2021 included a questionnaire on green energy.

グリーンアンケート結果(日本語訳、統計 - AKYO)

🌲

SPO Digest... And that's a wrap! Green Energy Survey Results. We recently conducted a survey for our third delegation. The survey asked about the use of green energy in the Cardano Network. The results of the survey can be found here. Green Survey Results (IO Global Delegation - Round 03

  • Data is provided by individual survey respondents and is for informational purposes only and is not guaranteed to be accurate, complete, or current. IO Global and its affiliates, officers, directors and employees are not responsible for the use of or reliance on this information.

If you are not familiar with the 3rd IOG delegation strategy, please read this article!
IOG's third round of delegation gives voice to stake pool operators

📣✨

The 100 Cardano stake pools to benefit from the third IOG delegation have been announced. They were chosen from 520 nominations made by stake pool operators, based on contributions to the Cardano community.

iog-delegated-to-AKYO-pool

The ticker name WYAM is the name of the ticker before it became AKYO.

Thank you for reading to the end. We have posted the staking method, so please access it from the link below and delegate it, it will be encouraging in the future! Thank you!!

👉How to start staking

👏About the kudos button on Catalyst ideascale

· 2 min read
Akyo
Cardano Stake Pool Operator

What are Kudos?

👏The button is called "Kudos", which means "praise, compliment" in Greek. With ideascale, you can give the Kudos to one proposer.


How to accumulate kudos and how to check it
How do kudos accumulate?

It seems that you can accumulate kudos by logging in to ideascale every day! If you are registered with ideascale and belong to the community (Project Catalyst), you will receive 1 Kudos after 17:00 (Japan time) every day.

  • If it is not displayed, it should be added when you log in again.
How to check remaining kudos

You cannot check the number of remaining Kudos from mobile, so please access from PC to check. On your PC, open the "Community Praise" section and you will see the "Received", "Give", and "Remaining" The "Remaining" is currently in your possession. kudos number. In other words, if you have Kudos👏 according to the number of members of the proposal you want to send Kudos to, you can send praise to that proposal🎉 Let's send Kudos👏 and support the proposal! 🙌

how-to-check-remaining-kudos

That's all for kudos👏


info

As of January 2022, I was contacted by ideascale support, and now I can press the Kudos button on mobile 🎉 Thanks to the app developers🙏

kudos-button-on-mobile

Thank you for reading!

❤️Donation of musical instruments

· 5 min read
Akyo
Cardano Stake Pool Operator

Thoughts on making donations

I'm going to write why I thought I'd do a donation activity. I don't think I suddenly thought of anything. When I look back on my life, I realize that I often put money in collection boxes and donate to NPOs' fund-raising activities (It's just a little bit, but I valued the feeling of wanting to donate.) And looking back, I remember the time when I went to the place where the 24-hour TV charity fundraiser was held and donated.
Well, that's why I decided to do it without thinking too much about it.
Where should I donate first?
There are many donation destinations, but I spent days searching for donation destinations that were easy for me to approach and start, but I couldn't narrow down the donation destinations. In the midst of all this, what suddenly crossed my mind was "music".
I was searching for "donation music" and "music donation", but there were many hits such as major music foundations, but I thought that it was a little different, so I searched variously and finally found myself. I was able to find a donation destination that I want to donate!!
We will announce the donation destination today!

The first of AKYO's donation activities is... musical instrument donation!!

Musical Instrument Donation Furusato Nouzei

instrument-donation

What is musical instrument donation Furusato Nouzei?
The Musical Instrument Donation Furusato Nouzei Payment is a new tax payment style utilizing the "Furusato Nouzei Payment System" in which unused musical instruments lying around Japan are donated to schools and music organizations through local governments, and the assessed value of the donated musical instruments is deducted from taxes. Inabe City, Mie Prefecture, has started this project to create a sense of gratitude among children for the donated musical instruments and to revitalize the town with smiling faces, which is the original purpose of the "Furusato Nouzei Payment System".

I selected this donation recipient because I thought it was a great match between my desire to donate and the students' desire for musical instruments.
It looks like they mainly donate unwanted instruments that are no longer in use, but this time I took the plunge and bought a brand new snare drum!
The other day, I stopped by a music store to look at snare drums, and among the many snares available, I found one that I really liked and thought I would like, at a price I could afford. I tried it out and decided immediately that I liked the maple sound of the snare drum.

Here is that snare drum!

instrument-donation

It's been a long time since I bought a snare drum, and it reminded me of a very nostalgic memory.
I can't play the drums now, but I discovered music when I was 17 years old, and have been learning the drums on my own for about 12 years.
Also, why did you choose this school as the recipient of the donation? All schools have the same desire for students to donate, but this school's desire to donate is different from the past. I think the decisive factor was that he felt similar to me and had experienced almost similar things.
It was something like this:

🏫

It is an instrument that has supported the efforts of many people over its long history. Even though it was damaged and broken in various activities, it managed to retain its shape and has supported the club activities until now.
Until now, we have relied on the personal belongings (instruments) of our adviser teachers and borrowed items from other schools and brass bands, so in the midst of transfers and connections being cut off, the instruments at our school have been broken. I ended up with nothing but unusable things. If things go on like this, we will not be able to have our instruments and the younger students who will be joining the *school brass band club experience the joy of playing instruments and the joy of playing together.
We want instruments for our *school brass band without relying on personal belongings or borrowed items. We would be happy if you could donate an instrument to the school and to our memory, as an asset that will remain in the history of the school brass band.

I was very impressed with this statement. I also used to play on a secondhand instrument from my senior, so it overlapped with my old self.
And I was happy to see your performance on YouTube. We live in a very convenient age, don't we? I would like to encourage school teachers to post their videos on YouTube. It is a great pleasure to see your hard work.
AKYO will be conducting donation activities as one of our future activities.
We would be very happy and encouraged if you would support and encourage us in our donation activities as well.
Thank you for reading to the end.

For past donation activities, here.

We have posted the staking method, so please access it from the link below and delegate it, it will be encouraging in the future! Thank you!!

👉How to start staking