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.

Which of the 6 choices did AKYO vote for?​

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

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

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💡

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 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

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.

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.

"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.

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

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）

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 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

What are Kudos?​

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

That's all for kudos👏

Thank you for reading!

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​

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!

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:

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