INITIAL POOL STAKE OFFERINGS IN CARDANO: Occam-Fi
This article is a subsection of a larger article “INITIAL POOL STAKE OFFERING IN CARDANO: a critical overview”
- This is not financial advice. I have no training whatsoever in the finance sector and I am in no way or capacity a licensed financial advisor.
- I recently became an ambassador for Flickto, which is also running an ISPO.
Occam-Fi — Sent for review, no reply
My comments on this ISPO will be brief, since I only joined in recently. I was aware of it since launch, but I was unable to get information on the rewards or the overall distribution method. Initially, the webpage provided little help, only mentioning the pools for delegation. On telegram nobody was able to provide more details. I tried later, on a different occasion, and failed again. The ISPO has been successful, with a respectable delegation, but I don’t jump into projects with that little information available. Their channel can be hectic due to the multiple products offered by OCCAM-Fi, and maybe I just didn’t try hard enough, but I found the lack of information striking.
Recently, I checked their webpage again and found a rewards dashboard and this time I was able to get a moderator to answer my questions on telegram. This is a straightforward variable rewards ISPO, distributing roughly 137,000 tokens per epoch through the stake delegated. The visuals of the dashboard are great, but the rewards calculator only shows total delegation and rewards without an epoch breakdown. A positive aspect is its transparency, showing the rewards accrued by all addresses (cropped for safety).
It took over six months of closely following ISPO’s to put this together and ultimately for the benefit of the whole Cardano community. Please contribute. Funds raised will be used to buy an engagement ring. Wish me luck!