Identity and Voting (DRep)
Cardano holders may delegate their governance voting rights to Spire using the DRep ID below:
DRep ID (CIP-129): drep1ytglhmgslx7rjqf4tatt02dk2jfnfj3tgjr34ne7p597dxgm98wcg
DRep ID (CIP-105): drep168a76y8ehsuszd2l26m6ndj5jv6v526ysudv70sdp0nfj54v7pt
Responsible Growth
Our growth strategy and operations are aligned with published stake pool operator guidelines. Spire is a single pool operator that supports and provides services for numerous ecosystem projects. Pool metrics are published below to increase transparency and support informed delegation decisions.
Pool Fee
Operator Profit Margin
(Lower is better)
Spire Staking
1.00%
Multi-Pool Operators
5.32%*
Pools per Operator
Supports Decentralization
(Lower is better)
Spire Staking
1
Multi-Pool Operators
20*
Average Pledge per Pool
Pool Operator Commitment
(Higher is better)
Spire Staking
1.00 M
₳
Multi-Pool Operators
124,085 ₳*
Stake per Operator
Supports Decentralization
(Lower is better)
Spire Staking
74.69M
₳
Multi-Pool Operators
806.72M ₳*
Operator Leverage
Controlled Stake/Pledge
(Lower is better)
Spire Staking
41.43
Multi-Pool Operators
690.31*
*Average of the three largest multi-pool, non-exchange operators by controlled stake
Source: https://adapools.org/groups
Last updated 5/12/2021
Core Values
Facilitate trust by clearly communicating growth strategy; minimize pool parameter changes
Maximize value delivered by providing enterprise-class services and infrastructure, domain expertise and quality support at a reasonable cost
Minimize stake pools under operation, while meeting delegator demand, to support Cardano decentralization
Align to stake pool operator guidelines by minimizing leverage and publishing relevant metrics; maximize transparency to support informed delegation decisions
Reinvest operating profits to decrease leverage and support the expansion of services delivered in the Cardano ecosystem
Fee Structure
Fees are automatically deducted from the pool rewards each epoch, prior to delegator distribution.
Fixed fees are set at the protocol minimum of 340 ₳ per epoch. Variable fees are currently set to 1%. An increase to no more than 2.5% is being considered after Cardano parameter changes. These fees support continued service growth, operational expenses, and enterprise platform costs.