Incredibly low 1%
This is among the absolute lowest stake pool fees
available and it ensures that you get the highest
rewards from staking your ADA.
The stake pool cluster is securely setup, is fully
automated and monitored 24/7. Whenever the needs
of running the Cardano stake pools change, our
setup will scale with the requirements.
Available Staking Pools
We invest in our infrastructure to provide a reliable, secure, and optimized staking pool experience. All staking pools run on modern node hardware with computing resources exceeding the recommended specifications. The MANTIS relay and core servers are located in 4 different data centres across 2 continents and each are provisioned with 6 CPU cores, 32 GB RAM, and 400 GB SSD's.
MANTIS 1PERCENT TWO was officially retired as of December 6, 2021 (end of Epoch 306).
How to stake (delegate)
Delegation is the process by which ada holders delegate the stake associated with their ada to a stake pool. It allows ada holders that do not have the skills or desire to run a node to participate in the network and be rewarded in proportion to the amount of stake delegated.
You maintain custody and control of your ada at all times. Stake pool operators never have access to your delegated ada. There are no lockup periods and you can transfer your ada at any time. Delegation is supported by Daedalus - a full-node wallet developed by IOHK - and Yoroi: a browser-based wallet developed by EMURGO.
The procedures for delegation using each wallet is a little different but both allow you to search for the stake pool using either a ticker symbol (eg. MANT), or via the Pool Id (the 56 alpha-numeric string). Once you have delegated your ada, you can simply sit back and relax knowing that MANTIS is providing you with the best staking experience and rewards.Learn more
Our mission and commitment
Our delegators are the reason we exist. Everything we do in every capacity is aimed at going above and beyond the expectations of our delegators. The best relationships are always based on trust, and we will do everything we can to earn your trust through offering the best, most consistent and reliable, staking experience in the Cardano network.
Not every Stake Pool is created equal. As an ada delegator, you deserve stake pool excellence in order to receive the most consistent and long term series of rewards. Choose from any of the three MANTIS 1Percent pools and be assured of the best possible staking experience. In order to avoid delegator reward dilution, we will continually add more pools to the MANTIS family whenever a pool reaches saturation levels.
Stake with confidence knowing that we handle all of the hard geeky stuff on the technology backend. We pour our time, money, and energy into building the best stake pools available. You won't see us wasting needlessly on flashy web design or social media campaigns. We believe in our product and we know that it delivers results.
Believe in the MANTIS 1Percent advantage!
- Professionally run with over 30 years of IT experience.
- Here since the very beginning - Stake pool created at the the start of the Cardano Shelley era (Wednesday 29th July 2020).
- Experienced - Operated two successful pools on the HTN test net.
- 100% dedicated to the decentralization of the Cardano network.
- Long-term operating plan. Invested in node infrastructure and upgrades.
- Cloud based Linux servers located in military grade secure data centers (United States and Germany).
- 24/7 operation with 99.9% uptime performance (Cardano Node Version 1.33.0).
- You maintain custody and control of your ADA at all times.
- Stake pool operators never have access to your delegated ADA.
Frequently Asked Questions
Our dedicated patient engagement app and web portal allow you to access information instantaneously (no tedeous form, long calls, or administrative hassle) and securely
Q1. What is a stake pool?
Stake pools are run by stake pool operators. These are network participants with the skills to reliably ensure consistent uptime of a node, which is essential in ensuring the success of the Ouroboros protocol and the Cardano network as a whole.
The protocol uses a probabilistic mechanism to select a leader for each slot, who will be expected to create the next block in the chain. The chance of a stake pool node being selected as slot leader increases proportionately to the amount of stake delegated to that node. Each time a stake pool node is selected as a slot leader and successfully creates a block, it receives a reward, which is shared with the pool proportionate to the amount each member has delegated. Stake pool operators can deduct their running costs from the awarded ada, as well as specify a profit margin for providing the service.
Q2. What is stake pool saturation?
Saturation is a term used to indicate that a particular stake pool has more stake delegated to it than is ideal for the network, and once a pool reaches the point of saturation it will offer diminishing rewards. The saturation mechanism was designed to prevent centralization by encouraging delegators to delegate to different stake pools, and operators to set up alternative pools so that they can continue earning maximum rewards. Saturation, therefore, exists to preserve the interests of both ada holders delegating their stake and stake pool operators.
The goal is to avoid any single pool becoming too large – thereby disincentivizing delegation to other pools – and receiving a disproportionate amount of the rewards. The health of the network is partly determined by having a high number of active stake pools with a balanced amount of stake delegated to them. The more numerous and geographically diverse the network’s pools, the better.
Q3. Why should I not select a 0% pool?
It sounds tempting to go for the lowest possible fee, but just like very cheap items on eBay, it’s rarely worth it.
In order for a stake pool to generate the maximum rewards over time, you need a professional and sophisticated setup. You need to make sure that the pools are highly connected to the network, that the hardware is adequate, that the internet connection is optimal, that the software is configured correctly and that the pool software is updated frequently. You need to build redundancy and automation, to have multiple internet connections, to have UPS backup power for the hardware and protect against attacks. You need a high level of automation and monitoring, to always keep the pools running perfectly, and in case of any breakdown, have a backup server standing by, that will automatically take over.
The income from a 0% pool is simply not enough to cover the expense of the above mentioned setup. For this reason, the 0% pools do not have this kind of setup, but instead run a much simpler operation. This means that they will perform worse over time, and hence pay less rewards. If you do the math, a 0% pool will give you worse rewards, even though it looks better on paper.
You risk having the pool operator raise the fees after they’ve attracted enough stake, or having the pool simply shut down because it’s not profitable. You don’t want to constantly have to check if the pool is still at 0% fee and still running, and risk staking to a dead pool or suddenly paying a much higher fee.
Pools with 0% fee are not incentivised to perform their best. The operator only makes money from the first block each epoch, and he then has no incentive to keep the pools performing well. There is no reason for him to make sure the rewards are at the absolute max, since it means extra costs for him, but no extra income. A pool with 1% fee has a great incentive to make sure the pools are always at their very max performance, and is willing to invest in it.
Q4. Will the ADA rewards I earn be added to my delegated stake?
Q5. Which red flags should I look out for when loooking for a pool?
There are many factors you should look out for, that indicates that a pool isn’t the best choice. Among these are:
-Pools with 0% fee (discussed in “Why should I not select a 0% pool” above)
-Pools with pledge below 50k ADA (Signals that they might not be serious about their operation, or have confidence in themselves).
-Pools that haven’t produced blocks yet (They might simply be new, but this can be a sign of bad performance).
-Pools without a website or option to contact them (Signals they might not run a serious operation)
Q6. How can I view my rewards earned each epoch from delegating?
Yoroi wallet - Click on the "Receive" tab. In the left hand side panel, click on the "Reward" list item. In the center page grid you will now see one or more addresses listed. Copy to the clipboard the address that begins with the word "stake". Go to the website https://adaex.org and in the search text box located at the top right corner of that website (the area that displays "Address, TX or whatever"), paste in the "stake" address that you previously saved and press the Enter key or click the search icon. The resulting page will show you the amount of ada earned from each epoch and pool that you have delegated to.
Daedalus wallet - Click on the "Receive" tab. You will see a long list of addresses that are valid for your wallet. Click on any one of them. A dialog box will appear that shows a large QR code and underneath that code you will see the address that you selected. Copy that address to the clipboard. Go to the website https://adaex.org and in the search text box located at the top right corner of that website (the area that displays "Address, TX or whatever"), paste in the address that you previously saved and press the Enter key or click the search icon. On the resulting page, look about half way down and you will see a line that says "Stake Key" followed by an address that begins with the word "stake". Simply click on that "stake" address and the resulting page will show you the amount of ada earned from each epoch and pool that you have delegated to.
AdaLite wallet - Click on the "Advanced" tab. You will see a list of various addresses. Under the heading "Reward address", copy the address that begins with the word "stake" to the clipboard. Go to the website https://adaex.org and in the search text box located at the top right corner of that website (the area that displays "Address, TX or whatever"), paste in the "stake" address that you previously saved and press the Enter key or click the search icon. The resulting page will show you the amount of ada earned from each epoch and pool that you have delegated to.