over budget
Staking Basket Ecosystem Contract + Audit - Incentivizing Cardano's Decentralization
Current Project Status
Unfunded
Amount
Received
Received
₳0
Amount
Requested
Requested
₳300,000
Percentage
Received
Received
0.00%
Solution
Staking Baskets are a smart contract that allows users to deposit their ADA and delegate to multiple Stake Pools and receive extra token rewards from the basket’s creator.
Problem
Due to the A0 parameter, multi-pool groups have formed offering the same rewards as single SPOs with more pledge. This doesn’t incentivize users to delegate towards decentralization.
Feasibility
Value for money
Impact / Alignment