Glossary · Consensus

Stake pool.

A node that produces blocks on behalf of itself and its delegators.

In depth

A stake pool is run by an operator who pledges some ada and accepts delegations from other holders. Its chance of being elected to produce a block in any slot is proportional to its total stake (pledge plus delegations). Pools take a fixed cost and a margin out of the rewards before distributing the rest.

Example

You delegate 1,000 ada to a stake pool; the pool periodically produces blocks, earns rewards, and shares them with you in proportion to your stake.

Next on this path

  1. Delegation Pointing your stake at a specific stake pool so it can produce blocks on your behalf.
  2. Staking rewards Ada paid out to delegators and pool operators for producing blocks.
  3. Epoch A five-day window on Cardano during which staking distribution is fixed.