Reliable low-fee staking
Why Stake with SANDSTONE?
Here are just some of the reasons why staking with SANDSTONE pool is a good choice.
When we talk about "security", we often think of hackers trying to break in and steal all of our digital assets. In reality, staking on the Cardano blockchain is an extremely safe process that never affords us (the stakepool operators) the ability to steal your digital assets. It's just not possible. Stakepools dont have have access to your private keys and so we cant spend your funds. So, even if a hacker were to compromise our servers, your funds are totally safe. Which isn't to say we don't take security seriously. We do! For example, all of our servers are monitored 24/7 by intrusion detection systems, our infrastructure is continuously auditied for compliance to CIS Benchmarks, and direct access to both infrastructure and applications is very tightly controlled. Furthermore, all of our blockchain credentials (private keys) are securely stored with hardware wallets.
But, what really matters the most when we say "security" is our ability to reliably create blocks without disruption. This is where we have invested a lot of time and effort. All of our servers are cloud hosted across multiple availability zones. Our cloud architecture has been designed specifically with high-availability in mind. If a server were to fail (and they do), our infrastructure would detect this failure and initiate an automatic recovery process.
So, not only are your digital assets safe from theft, your reward earning potential from staking with SANDSTONE is also protected from disruption.
We've been a member of the Cardano community for a long time, and in that time we've contributed a lot back. For example, during the Incentivized Test Network phase we submitted a lot of code that helped to keep the stake pool node software (Jormungandr) running reliably. These became known as "stable-alpha" builds in the community. We've also contributed to great projects like Andrew Westberg's cncli tool.
But don't take our word for it. Ask around. We have a great relationship with lots of well known figures in the community.
Skin in the Game
We take running a reliable pool pretty seriously and to prove that we have a lot of skin in the game. Our pledge is currently 810,000 ADA and we only have planes to increase that in the future.
We keep our fees very low at less than 2%. That means 98% of staking rewards (after minimum fees) go to you the delegator.
These are just some of the reasons why we think staking with SANDSTONE is a great choice. Thank you for your continued support and good luck to you!
- Michael [SAND]