Hello all,
I hereby present a new inflation pool!
Stellar distributes new inflation lumens weekly on the network to accounts that have over 0.05% of the votes, which means you need 51.8 million votes at the moment. Each XLM in your account is a vote. Because most people do not own over 52M XLM, a pool can be used to still get a part of the inflation lumens. People vote for the pool, the pool pays back to the voter. Such a pool is what we build.
Features
- No fees: the pool does not charge fees, so voters get paid the whole 1% inflation per year. Along with the new XLM, also a part of the transaction fee pool is distributed. This is what we keep for ourselves to cover hosting costs.
- Vote checker: it's possible to check if your vote is recorded on the website by entering the account ID on the website.
- Automatic payout: as soon as a inflation run is detected on the network, payouts will be determined and started right away.
- Live voting stats: voting statistics as number of votes, percentage of votes and number of accounts voting are updated each 5 minutes.
- Clear instruction for several wallets: instructions on how to set the inflation destination are included for several wallets, 5 at the moment. This will be extended later on.
- Gives information about inflation in general.
Website: https://moonpool.space
The idea of this pool is to compete with xlmpool.com, which has a lot of votes, but charges a 10% fee. 10% fee of inflation lumens of 336485050 votes means 0.1 336485050 .000190721 = 6,5K XLM each week. (.000190721 is the inflation rate from the Stellar source code) This is not wat running a sever costs.
But to bring this pool to a success, we need a lot of votes. Therefore we need your help: please give your feedback on this project, and vote for MoonPool!
Thanks!
Known bugs and updates
- Percentage of accounts which do not vote at all is not right.
- Expected next inflation run is not in right.
