ADA Seal - Cardano Staking Pool

Loyalty program

We are launching a loyalty program for all our long-term delegators!

NFT collection and SEAL token

We are preparing unique NFT collection that will represent all organisations and animals that we have supported so far. These NFTs will be distributed to our delegators through the loyalty programme. In addition we will be distributing our SEAL token, which proves your dedication to our pool. This token will be also used for treasury governance - in future when metadata support is integrated into most mainstream wallets, owners of the token will be able to vote for charitable organizations that our pool is supposed to donate to.

Prizes of loyalty program

Three randomly chosen delegators will be granted following prizes during reward epochs:

First prize

One of our unique NFT
SEAL governance tokens based on your stake size
10M of BabySeal tokens
15 ADA

Second prize

SEAL governance tokens based on your stake size
10M of BabySeal tokens
10 ADA

Third prize

SEAL governance tokens based on your stake size
10M of BabySeal tokens
5 ADA

Rules of the loyalty program

All delegators that stay with our pool at least 4 epochs are eligible
Only one wallet per delegator is allowed, if we detect that someone is using more wallets than 1, their wallets will be considered as one
Only wallets with minimum stake size of 500ADA will be considered for NFT and ADA give aways - that is to make it harder for users to cheat the system by making multiple small wallets.
Rewards will be distributed only during epochs where at least 1 block was minted.
Each epoch one of the delegators eligible will be randomly chosen and given some of the prizes listed above.
Each delegator who wins the lottery will not be considered again for next 10 epochs.
Each delegator is eligible only for 1 NFT from each collection.

How delegator is chosen

We decided to create random, yet verifiable algorithm to choose 3 winners. For that we use last 4 numbers of first block we mint in each reward epoch.

At the beginning of each epoch where we are predicted to mint at least 1 block, we order all eligible delegators by their stake from highest to lowest and use last 4 numbers of hash of our first block in this epoch to calculate which delegator won. The last 4 numbers in the block hash will be divided by amount of eligible delegators and its remainder will be used to determine the order of delegators who won. Here is the algorithm in python:

            # Take last 4 hexadecimal numbers of a block hash
            seed = block_hash[-4:]
            # Convert them to decimal number
            winning_position = int(seed, 16)
            # Divide by amount of eligible delegators (stake >= 500 and not owner wallets, or wallets that recently won) and use remainder to determine position
            # remainder is any number from 0 to delegator_count, randomized by the hash of the block
            winner = winning_position % delegator_count

Examples:

There is 15 eligible delegators, last 4 numbers in block hash "89d0b68a2e00f8fc00341aa12ac0449e17502539dad078407c1831ed1f74fb1a" is fb1a, which is 64282 in decimals. 64282 % 15 = 7. That means delegators #7, #8 and #9 win.
There is 28 eligible delegators, last 4 numbers of hash are 45f7, that is 17911, 17911 % 25 = 19. Delegators #19, #20 and #21 wins

We will keep tweaking the rules and mechanisms based on our pool performance.