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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%

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Multi-Pool Operators

5.32%*

Pools per Operator

Supports Decentralization

(Lower is better)

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Spire Staking

1

Multi-Pool Operators

20*

Average Pledge per Pool

Pool Operator Commitment

(Higher is better)

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Spire Staking

1.00 M

₳

Multi-Pool Operators

124,085 â‚³*

Stake per Operator

Supports Decentralization

(Lower is better)

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Spire Staking

71.85M

₳

Multi-Pool Operators

806.72M â‚³*

Operator Leverage

Controlled Stake/Pledge

(Lower is better)

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Spire Staking

39.64

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

Operate a single stake pool 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.

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