ISPO platform
$CHAKRA is built from the ground up to allow our DAO members exposure to a constant stream of innovation, and you can now continuously farm $CHAKRA via a dedicated ISPO.
Being one of the first tokens to utilize our new ISPO infrastructure, you will gain access to a highly diverse, interchain portfolio of project tokens - all by simply delegating your $ADA to the correct stake pool. Head on over to our ISPO dashboard to begin your staking journey.
ISPO stands for Initial Stake Pool Offering. It is an innovative way to fund new cryptocurrency projects while maintaining the decentralized and functioning Proof of Stake (PoS) consensus of the blockchain.
Would you like to know more? Read the Occam ISPO guide here.
Think of a stake pool as a validation node. Stake pool is a server node that focuses on maintenance and holds the combined stake (“delegation”) of various stakeholders in a single entity. Stake pools are responsible for processing transactions and producing new blocks and are at the core of Ouroboros, the Cardano proof-of-stake protocol.
Participating in an ISPO is quite straightforward. To take part in an ISPO, navigate to the chosen ISPO page and delegate to the appropriate stake pool. Participation does not require any kind of KYC - the only information you reveal is your stake and wallet address.
No! If you decide to stake your ADA, they will never leave your wallet. You can stake as much as you have since you can transfer, sell or exchange your ADA at any time.
To apply for an ISPO, simply fill in this form with your project’s details and our contributors will respond as soon as possible.
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