Cardano Stake Pool Fees and How To Choose a StakePool

In this video I explain what the stake pool fees are and what they are used for along with all the other factors you should consider when you are looking at delegating to a stake pool.
Timestamps:
0:01 Intro
1:10 Cardano stake pool fees
1:40 Fixed Cost Fee 340 ADA
2:40 Variable Pool Margin Fee
3:35 Factors to consider
4:00 Choosing a Cardano Stake Pool
5:02 Looking through PoolTools
9:30 Summary of Stake Pool Fees and Choosing a Pool
The main fees are:
1 - Pool Fixed costs - which is normally set at 340 ADA as this is the minimum set out by the network.
2 - Pool Margin % - set by pool operator and can be anything from 0% to 100%
Other factors to consider when choosing a stake pool are
- Pool Pledge - This is the amount of ADA contributed by a stake pool operator at the start
- Saturation - this is determined by the k value and this is the point at which new delegators negatively affect the rewards other delegators receive
- Performance - how well has the pool been performing in producing blocks and its up time
- What the pool operator gives back to the community, is the pool operator active in the community and giving back.
Links I mentioned:
Calculator - cardano.org/ca...
PoolTool - pooltool.io/
Delegation Guide - cardano-commun...
** Stay Up To Date **
Telegram - www.cardanowit...
Twitter - www.cardanowit...
Website - www.cardanowit...
TradingWithPaul - / @cwpaulm
-- Stake Pool Info --
Ticker: PAUL
Pool ID: 86a19d5418cd07294af7d71386cf14a84e0478fbfde5b89fe4d98a58
All delegations very much appreciated as they help support my channels

[@ChangeYourFrequency]

Best video i've found explaining all the parameters. Thank you!

[@claragomesmusic]

You have no idea how much you've helped me out

[@CardanoWithPaul]

Great to hear :)

[@Zainyee15]

Great work Paul, just staked 8K Ada with you. Recommending your channel to others who are interested in this project. 👊🏽❤️

[@CardanoWithPaul]

Thanks Mudassar I really appreciate that.

[@zachofalltrades6116]

so what kind of returns are you making?

[@TheFaircoco]

first video I found that explained this clearly

[@edwardh2444]

Yes, agree, I was confused about the 340 ADA cost too, nicely explained Paul. Thanks

[@Ronald-rl6hx]

Did a lot of research and these videos are most informative. I decided to delegate my ADA to PAUL. Thanks for the nicely presented facts on delegation pools!

[@CardanoWithPaul]

Thanks for joining Ronald

[@CardanoWithPaul]

How To Buy Cardano, Choose a Wallet and Stake Your ADA for Rewards - th-cam.com/video/pPEX3Nk7PWY/w-d-xo.html

[@CardanoWithPaul]

@@ronreaper9462 Yes you can restore your daedalus wallet on any computer using the seed phrase you got when you created it

[@tylerschwartz5680]

Thank you for explaining the fees better than other videos I've watched. I thought the fee was taken from your wallet! Much appreciated and will highly consider joining your pool once I get my ADA purchased!

[@CardanoWithPaul]

Thanks for the feedback Tyler. Thanks for considering the pool too, We are just coming off the back of a very good epoch and about to cross 2m in stake so it's a good time. We have a telegram group too if you want to join at any time www.cardanowithpaul.com/Telegram

[@pedrocanelasnl]

Thank you for the video! You were the first person who explained well about this Fixed Pool Fee. I was really confused about the need of paying to stake but now is clear and everything makes sense.

[@Biscuits3000]

I've been into learning about this project for over a month, and this channel has been the best help so far. Much appreciated

[@CardanoWithPaul]

Thanks for the feedback Paul. Great to hear people are getting value

[@LiesBeneathTheTruth]

Hello, staked today on your 'PAUL 1' pool, keep doing this great tutorials!

[@SheriffDonacher]

You won me over Paul. Went through your website and I like what you are doing. Clearly, the community will begin to see this over time as well. My Ada to stake is going to you. Keep up the great work!

[@CardanoWithPaul]

Thanks Dan I really appreciate it. I have some more ideas for the website to make it more of a step by step for new people but just need to find more hours in the day to get it all done 😀

[@donnaroni]

Super helpful and informative video, Paul! I appreciate you and all you’re doing for the Cardano community! Thank you so much for creating/sharing such quality content! :)

[@CardanoWithPaul]

Thanks Donna, appreciate the feedback

[@eduardomotino9550]

whooaaaa I randomly clicked your vid and stake pool simultaneously on yoroi...I guess I'll decide staking with you by the end of this video :)

[@brosnana07]

Been holding ADA for a couple months and finally delegated my ADA to PAUL1. Thanks for walk through.

[@gustavofranceschinis1427]

Thanks man, your explanations are very clear. Cheers from Buenos Aires, Argentina!

[@CardanoWithPaul]

Happy to hear it helped Gustavo, awesome to have someone in Argentina watching :)

[@tybvx.1505]

Thank you. You turned the lights on. Just staked with you for your work.

[@CloudyMusik12]

Wow! So cool! Feels like I'm supporting a small business when I'm choosing who to stake with, much more wholesome than miners causing GPU shortages for gamers haha. Cheers bud, I just bought my first ADA and delegated it with you

[@CardanoWithPaul]

Thanks I appreciate your support

[@Scott-zi7xv]

I just pledged to your pool, not sure if it'd have given me the best rewards but it is a whole lot of effort to find it out for a minor reward. Might as well show some support!

[@iCantEditBro]

Just starting my journey with ADA, will be staking to Paul and David for teaching me

[@Beef_Wagon]

Love to see new faces popping up, good luck man. Great video.

[@CardanoWithPaul]

Thanks for checking them out Dev, lots more Cardano content to come :)

[@StuartTufft]

I've just staked with you, Paul. I am in the deep end of learning Cryptocurrencies at the moment and your videos on the basics have been very helpful. Cheers mate, I hope that we can all benefit from this long term.

[@CardanoWithPaul]

Thanks MezPlays, appreciate you choosing the pool and great to hear the videos are helping

[@amazingj4173]

@@CardanoWithPaul I just set up my Daedalus and I'm trying to stake now. I was able to find your pool but it says at "potential rewards" 0.000 ADA. How indicative is this number? Is it because you're still building your pool?

[@CardanoWithPaul]

Thats an error in Daedalus as we are producing blocks and rewards in every epoch. Last epoch was 6% and this epoch is set to be over 6% so everyone that stakes is getting good rewards

[@dipakrautela]

Thanks for the brilliant explanation Paul. I ve staked my 1st Batch to your Pool. Namaste 🙏 from INDIA 🇮🇳

[@CardanoWithPaul]

Thanks for joining Dipak

[@DannyBoy-nu8ls]

mate im a 3 year xrp refugee its nice to be deeper in ada and have content to watch

[@CardanoWithPaul]

Thanks for checking me out Danny. If your on Telegram feel free to join the group too - www.cardanowithpaul.com/Telegram

[@michaelhernandez2075]

3 year XRP refugee lmao I am sorry dude, Cardano won't disappoint.

[@Mrcometo]

This show is pure gold. Many thanks.

[@Jcarr616]

Just staked with your pool - your video made things easier to understand - thank you, keep up the good work.

[@CardanoWithPaul]

Thanks John

[@matthewallen1715]

Just staked 12,230 with Paul 2! You’ve been a tremendous help. Thank you!

[@CardanoWithPaul]

Thanks Matthew, if your on telegram feel free to join our chat group too - www.cardanowithpaul.com/TelegramChat

[@Sm0k3y707]

Just delegated 1235 Ada into your pool. 👍 ty for all the help

[@Sunil-kq9bx]

Thank you. I was looking exactly for this. I joined PAUL 1

[@TheContinentalking]

Great insight for someone relatively new to crypto. Just staked some of my ADA with you

[@CardanoWithPaul]

Thanks Ray

[@june61586]

You have explained it clearly in a 10-minute video, compared to the others that could have been a movie or TV show. Thanks Paul. Subscribed.

[@CardanoWithPaul]

Thanks June great to hear it helped. If you looking for a pool my own should be coming into a good run now with 5M ADA staked

[@june61586]

@@CardanoWithPaul actually yeah looking to transfer my pool to you.

[@CardanoWithPaul]

Thanks June I really appreciate that. If you need any help just let me know. We also have a great Telegram group growing if your on Telegram too - www.cardanowithpaul.com/Telegram

[@june61586]

@@CardanoWithPaul I am already a member, looking to stake on your pool this month. Couldn't wait until we grow up. You are my second crush, first is Crypto Jerome. Haha.

[@slickers80]

Paul, great job. I've just staked 100k Ada with your pool. Thanks for all the guidance, keep it up

[@CardanoWithPaul]

Thanks Lee I appreciate you choosing my pool. If your on Telegram feel free to join our group - www.cardanowithpaul.com/TelegramChat

[@wildboar1911A1]

wow, that'll be worth a million soon

[@MrFr33man89]

@@wildboar1911A1 and here i am with 100 ADA lol

[@wildboar1911A1]

@@MrFr33man89 No worries man lol. I got in late too, only have around 2300 ADA. It will still go to $10 so put what you can in

[@TheJezcol]

Good work Paul. Straightforward and easy to follow thanks!

[@33rdangleoflight]

I have 470 and I'm buying moor soon, the fee worried me that we had to pay that ourselves... so that was my main question answered! Thank you!

[@kvartz]

Just joined the pool club! Keep it up mate!

[@CardanoWithPaul]

Thanks for joining Kosta

[@tryxlr8m8]

Thanks Paul! Great video m8, before today I knew nothing about this, now I'm supporting Paul1 ! So very well explained, thank you.

[@CardanoWithPaul]

Thanks Tim

[@bmw98vida]

Just started staking with Paul 💪🏽 thanks for the help bro!

[@NainarMalik]

Staking to PAUL. Much appreciated for your contribution to the community.

[@CardanoWithPaul]

Thanks Nainar

[@texmex9306]

Awesome video; staked +5K ADA with you.

[@ML-tv3wt]

Just staked my humble 1k ADA with you Paul!! Thanks for all you do for the community!

[@CardanoWithPaul]

Thanks Mark I appreciate that

[@wildboar1911A1]

wont you lose money on that tho

[@CardanoWithPaul]

@@wildboar1911A1 All fees come out of the overall pool rewards and the rest is split between delegators so you only ever gain more by staking and not less

[@wildboar1911A1]

@@CardanoWithPaul Ah. How do I choose a pool? I watched your video on it a couple times but i’m still not sure.

[@CardanoWithPaul]

@@wildboar1911A1 Which wallet are your coins in?

[@Kozal85]

Staking to PAUL tmrw, appreciate your contribution to the community!

[@CardanoWithPaul]

Thanks Alex

[@anoncapitalist7045]

Great content Paul 🚀

[@CardanoWithPaul]

Thanks Plutus

[@kylemc8963]

Boss video, thanks Paul
You have a new nominator!

[@CardanoWithPaul]

Thanks Kyle

[@CR-vv7tt]

Excellent vid. Thank you!

[@barryrodgers2458]

Great upload Paul👍
Well explained... good work and good luck with this channel ...

[@aduchene6091]

Very Helpful. Just starting and you got the stake. Thanks.

[@astrobear8790]

just staked in your pool! Thanks Paul

[@babbna]

Your videos have helped me so staking my ADA in your pool!

[@CardanoWithPaul]

thanks for joining

[@babbna]

@@CardanoWithPaul what is the APY on your pool if i may ask?

[@TheDennisace]

Hia Paul, delgated xxk at your pool, because of all the work you are doing for ada!

[@CardanoWithPaul]

Thanks Dennis I appreciate that

[@brandon2155]

Hey Paul, thanks for explaining the process of how to search for pools and how they work. I joined your pool man

[@CardanoWithPaul]

Thanks Brandon appreciate you choosing mine

[@william_8844]

Best explanation I have seen for staking

[@CardanoWithPaul]

Appreciate that W. Thanks

[@tursu27]

Great video. Have been looking for video like this for a while.

[@marcjan9652]

Thank you very much ! I finaly got to understand ! I guess I will delegate to your project very soon. Thanks again for your work, keep it up !

[@CardanoWithPaul]

Thanks Marc, appreciate the support

[@alexalston3240]

super useful, perfectly lucid, thank you sir

[@MAXIMUMCAT_MX_]

New to your channel, thanks for the helpful video. Staked with your Paul2 pool!

[@BeingHamsa]

Thank you Paul, great info. I appreciate this and am def conisdering joining your pool because you are so clear and forthcoming, helping a newbie understand what the f is this stake pool business. And, I am looking for other stake pools that are donating earnings to social and environmental causes, how would I find out who is doing this? TY

[@CardanoWithPaul]

Thanks for the feedback. I currently have the margin fee set to 0% on my pool until delegators are getting consistent rewards so currently there is no profit in the pool for me to even consider donating but once there is I will look at it again as I generally donate to charities outside the pool throughout the year. Thanks

[@BeingHamsa]

@@CardanoWithPaul okay thanks for the reply.

[@cloudst3r928]

Thanks for your videos! Really help me understand the Cardano ecosystem :)

[@VirtualDvid]

Ok I just staked a small amount in your pool. This is my first time getting in touch with all this concepts. Let's see in a couple months how it behaves. Then I will stake the rest of my coins. 😎

[@22illingworth]

Great Video... You have a new subscriber and I will be joining your pool shortly!

[@CardanoWithPaul]

Thanks Richard, appreciate that

[@careersteer6497]

Just dedicated my stake to Paul1. You are awesome. Can't wait to stake more in the future.

[@CardanoWithPaul]

Thanks for joining. We also have a telegram chat group if you want to join www.cardanowithpaul.com/TelegramChat

[@CardanoWithPaul]

@@careersteer6497 when you click the link it should ask do you want to open it in telegram

[@yoloswag6242]

jesus christ dude, you must be a millionaire by now :D

[@Iminyourzen]

@Tom Gadbois he definitely is now

[@tryxlr8m8]

Awesome video! thanks for the advice!

[@Greyhound_27]

Just staked to PAUL. Thank you for your work! 🙌🏼

[@CardanoWithPaul]

Thanks Jakub

[@BeyndTh3Desk]

Appreciate your content, great stuff. Subscribed to your channel, and staked in your pool!

[@Travel_LiveBetter]

Is there any risk of losing coins when I join staking?

[@COACHUPCLASSES]

Nicely explained 👍 staking in your pool. Trusting you 💯

[@brockam]

Just getting my feet wet. Set up the wallet, bought a small test amount, and staked it with Paul to give myself a test bed. Thanks for providing the information.

[@CardanoWithPaul]

Thanks for joining the pool

[@brockam]

@@CardanoWithPaul its my hope that this gives me access to something that will allow me to have a life in about ten years. I'm sure there is so much more to learn, but I really feel like this coin is very legit. The technology actually serves a need. It helps to be able to believe in it. I really appreciate the lessons.

[@mahteef]

Been watching your videos and subscribed, Paul. Best of luck!
Q: I noticed many examples on here use 10K or even 100K ADAs when doing the calculation. But, can you delegate any amount of ADA to stake in a pool? Example: 500 ADA? Especially for those just starting out and not able to afford too much ADA at the moment

[@CardanoWithPaul]

Thanks Piringo, Yes you can delegate any amount you want over 10 ADA

[@DefiDenny]

Just staked with your pool - Thanks for the great insight!

[@DefiDenny]

Staking with Paul1

[@CardanoWithPaul]

Thanks for joining Dennis

[@MaidenJoel]

Just staked a nice amount through your pool Paul. High fees but it'll be consistent and trustworthy

[@CardanoWithPaul]

Thanks for choosing my pool I appreciate it. Just in case you seen different figures my fees are the same 340 ADA Fixed which is the min all pools can have and 3% variable fee. Feel free to join us on Telegram too if you want - www.cardanowithpaul.com/TelegramChat

[@puiibyob434]

Hi Pual, New sub's here. Thank you for making such a informative video. I got clear at many points. Cheers !!!

[@AntonioLopez-rv7lk]

hey bro, just discovered your channel. perfect video for exactly what i was looking for. Im new to crypto but not to trading and investing, I See where Cardano is going and with a team like that addressing such important issues in a new market, cant see how it wont succeed. Considering all variables Ive decided to stake my ADA in your pool. Im subscribed to your channel and look forward to the future of Crypto, Cardano, your channel and your pool. Take care and keep doing what your doing bruh.

[@CardanoWithPaul]

Thanks Antonio

[@AntonioLopez-rv7lk]

@@CardanoWithPaul hey bruh, i just finished staking my first epoch with you, i dont see any rewards, am I doing something wrong or did we not produce any blocks or something? please explain. Thanks.

[@CardanoWithPaul]

@@AntonioLopez-rv7lk Your first rewards are always 15 - 20 days and then after that it is every 5 days. I go through the timeline here which might help - th-cam.com/video/umiv-YMmnaU/w-d-xo.html

[@AntonioLopez-rv7lk]

@@CardanoWithPaul thakyou..all understood

[@t.k.1330]

Great, An understandable explanation of Staking Pools.

[@CardanoWithPaul]

Thanks T. K

[@unusualbrad8174]

Hey Paul, Thanks for the valuable info. Just delegated my Ada to your Paul 2 stake pool.

[@CardanoWithPaul]

Thanks for joining

[@wannaseeshit]

@@CardanoWithPaul hey paul do u think its still worth it to stake my 90pcs ada? Will it earn rewards also? Thnks

[@jamesmillard5669]

Great video Paul, just started staking with yourself.

[@CardanoWithPaul]

Thanks James. Feel free to join us on Telegram if you want - www.cardanowithpaul.com/TelegramChat

[@TobySillence]

Thanks for your detailed videos. Much appreciated. I have joined your pool. Nice one.

[@CardanoWithPaul]

Thanks Toby I appreciate the support

[@infernoBalrog]

Nice video, thanks!

[@RLS-Crypto]

This was the best explanation of the Cardano pool I've watched. Thanks for making it clear, and what to look out for. Peace!

[@mitchgiddens23]

Thanks for the replies, gained a subscriber

[@CardanoWithPaul]

No problem, thanks for subscribing

[@michaeljarvis6628]

great explanatory video thank you :)

[@bewbtewb]

This was really helpful. I’ve seen some mention of “tax” in the pool fees somewhere. Is this just another way to reference the fees associated with a pool or is there some tax implication here?

[@xmaniac99]

I am going to stake my 750 ADA with Paul.

[@CardanoWithPaul]

Thanks Mediolanon I appreciate the support.

[@nicksmith306]

Good job man.

[@bensincali1]

Love the videos - staked to Paul today

[@singsclaro7492]

Just found your videos. So far, I love them. I am a big fan of ADA. I would love to join your pool. I wish you would slow your speech down some. We are trying to learn. Give us a moment to absorb what you are saying.

[@juanjosebarrera7820]

Great video, great project. Keep it going!

[@CardanoWithPaul]

Thanks Juan

[@alnewell31]

Best explanation I found, will be delegating to your pool. Just wondering what you meant by when to change pools ? Did you mean when they get saturated ? Thanks AL

[@CardanoWithPaul]

Thanks Al, yes I when a pool gets saturated you would need to move. Mine are still well under so all good and I will make updates here if we get close. You can also join our telegram group here - www.cardanowithpaul.com/TelegramChat

[@alnewell31]

@@CardanoWithPaul Great , thanks Paul , will join when I get home Saturday

[@marcokitto]

Thanks for the info - subscribed and staked.

[@CardanoWithPaul]

Thanks for the sub Tarquin

[@chamamemestre]

Hi Paul, really nice videos so far, really appreciate it! Since I am new at this, tell me something please. As I understand we can stake in any pool and take it out whenever we so wish for correct? Also, what do we gain from your specific pool compared to others? Shouldn't all pools be profitable or not really? Thank you and keep up the good work! :) Also I found your Pool but Daedalus does not let me stake on the next epoch, only two from now why? Also also, while choosing your POOL the mouse over says the returns would be 0,000000 ADA? Sorry for the newbness :D

[@CardanoWithPaul]

Yes you can move funds any time you want. Ya all pools that are running properly should average out at 5 - 5.5% over the year so pick a pool that you trust and want to support

[@chamamemestre]

@@CardanoWithPaul Hi, thank you for the quick reply :) I will be honest with you, I was using this as a means to see how much I could trust you as much as one can in this sort of things. I will stake in your pool. Thank you for the videos, and keep them coming! :)

[@CardanoWithPaul]

@@chamamemestre Haha thanks. I'll always give my honest opinion

[@everythingcardano5171]

I delegated to your pool. Looking forward to my very first rewards.

[@Karnage99]

Very informative video, Ill gladly stake my cardano in your pool. Thank you for all your help :))))

[@CardanoWithPaul]

Thank you

[@notenlightened]

Paul, I like your channel! Please consider getting a Blue Yeti microphone; they're only like $90 and they will vastly improve your audio quality. You have a lot of audio clipping on this channel so it's somewhat hard to listen to. This happens when you talk too loud and the audio clips and turns into tinny distortion. The Yeti will fix that, assuming you don't talk too loud into it, or keep it at a reasonable distance

[@CardanoWithPaul]

Thanks. The blue yeti is what I use 🙂

[@notenlightened]

@@CardanoWithPaul Oh nice. Okay well you might want to consider turning down the mic sensitivity a little bit so you dont clip, and then in post-production you can Normalize and then Compress the audio, so you get a really smooth, creamy audio

[@stan8999]

Just joined your Stake Pool, had some leftover ADA, hope this works :)

[@CardanoWithPaul]

Thanks for supporting Stan

[@PaulRacko2]

Good stuff, Paul!

[@uremybae8788]

I'm glad to be delegating to your pool Paul

[@CardanoWithPaul]

Thanks for choosing my pool

[@jethrofuerte2928]

Thank you for making staking/delegating easy to understand. May I ask if it’s advisable to approach staking with dollar-cost averaging strategy as I’ve just started accumulating ADA last month, and I’m concerned that the reward won’t be as attractive compared to putting a much larger amount all at once. More power to your channel! Support from the Philippines 😊

[@robeclothing2426]

Wish you just the Beat Paul. Greetings from ROBE POOL 🤝✌️☺️

[@CardanoWithPaul]

Thanks for stopping by ROBE Pool

[@SF_Curious]

can you make a video how you can create a staking pool? What infrastructure/hardware etc etc. What earnings will the pool operator gets? That would do a great video! I am interesting to make a pool for Latinoamerica that helps the community. PLMK Thanks for the info!

[@BrydenMcKinnie]

Thanks, will look at delegating to your pool

[@CardanoWithPaul]

Thanks Bryden

[@BrydenMcKinnie]

@@CardanoWithPaul that's it done

[@SonAyoD]

great video bro, ill be looking at your pool!

[@CardanoWithPaul]

Thanks Ayo, any questions just reach out

Extremely informative and clear! I'll be setting my wallet today and hoping into your pool today or tomorrow! Thanks again!

[@CardanoWithPaul]

Thanks

[@kuaialii1]

Thank you for your insight, now I have a better way of looking at it.... I'm delegating to your pool Paul. Will I have to wait 15-20 days again to receive rewards every epoch? That's ok, it's gonna be worth it! Aloha from Hawaii (Maui)

[@CardanoWithPaul]

If you are already receiving rewards from another pool you will kepp earning them while waiting to start earning them in my pool. Thanks for joining