About the DOJO Project

DOJO is a Cardano (ADA) proof-of-stake (POS) stakepool. Established in epoch 358 (08/18/22) in the mountains of northern British Columbia, the developers of the stakepool have built a pool that will dedicate 3% of all earnings to sponsoring martial art athletes under the age of 18. This provides the martial arts community a massive financial opportunity and could help many families attend events.

Within Cardano's POS protocols, there are two entities that play key roles in the operation of the pool. The first are the stakepool operators (developers of DOJO). Operators are responsible for maintaining the pool's operations, such as pool services, 24/7 operation monitoring, maintenance, security, and more. DOJO's operators are also responsible for delegating the 3% rewards earned in the form of sponsorships to WKU Canada's athletes. The second key role within Cardano's POS protocols is delegators. Delegators are individuals holding ADA who use their voting power (ADA owned / all ADA in circulation) and place that voting power with a stakepool; this process is delegation. Delegators are absolutely essential to the operation of the stakepool, as with a low cumulative voting power, the pool is less likely to be selected to mint blocks (the process in which DOJO is selected to run a series of calculations to secure the blockchain). Rewards are based on successful mintings of blocks, and the more DOJO mints, the more the pool earns. This, in turn, results in the DOJO stakepool project being a community-based project and requiring the help of anyone willing to delegate voting power.