Detailed Plan

We will create a fully automated and high availability Staking Pool Service. This requires integration (current challenge metric) and deployment of the staking pool with various automation tools.

Service types

"Our keys, our pledge"

1. Customer submits the staking pool application, after choosing between relay count / locations, margin percentage, pledge amount among other parameters.
2. The system automatically creates the pool and makes the initial pledge.
3. Customer promotes the staking pool for delegators.
4. Our wallet receives the rewards, which we settle with the client.
5. Customer has the right to relocate the pool after we remove our pledge.

"Client keys, client pledge"

1. Customer submits the pool application with keys needed to run the block producer.
2. The system automatically creates the staking pool.
3. Customer makes his own pledge and has to re-upload the keys every 90 days.
4. Customer receives the rewards and pays our bills.
5. Customer has the right to relocate the pool any time.

What about wallet private keys?

It is safe for the customers. Our service does not require us to take custody of any customer's keys that allow transfer of funds.

Level of decentralization

We offer multiple geographical locations for the relay nodes. Customers can choose between different locations where we can auto-deploy the relay nodes. With more staking pools deployed, we will add additional relay locations.

Possible clients

<u>"Popular Youtuber"</u>
Has no time nor technical expertise to run a staking pool. Can easily promote the staking pool.

<u>"Cardano fan"</u>
Has no time nor technical expertise to run a staking pool. Has many friends willing to stake.

<u>"Existing SPO (stake pool operator)"</u>
Has the technical expertise, but might need more cost-effective solution or more free time.

How much does it cost?

We will create a cost-reward calculator. Our fee is 1% of the owner rewards earned + monthly fee for the server co-location cost.

Funding

Funding will pay for the development of the service - service calculator, order form, stake pool deployment automation, administration tools.

Budget

$19,937 Development of the Service

Definition of Success

Functional service will be launched before 3/6/12 months.

Final product

Development is underway. Expected public launch date November 1st, 2021. We will shout out at 'Adaly Wallet' Twitter account.