Friday, August 26, 2022

Epoch 345: Special ward tax / city tax

r/sugarstakepool - Epoch 345: Special ward tax / city tax

This is the pool report. As an infrastructure engineer, I will do my best to contribute to the decentralization of Cardano. We also aim to operate a pool where everyone can stake with peace of mind.

About this epoch's reward

The block generation of epoch 343 is reflected. The result was just right for the pool size. Thank you for your continued support.

Next reward

Next time, the result of epoch 344 will be reflected. Many blocks are allocated to your pool. All the assigned blocks have been successfully generated.

Period of epoch 344:

  • Start: 2022-06-10 06:44 JST (UTC + 9)

  • End: 2022-06-15 06:44 JST (UTC + 9)

How to check rewards, etc.

  • ADApools

     -> You can check the performance of the pool from the "Rewards" tab.

  • Reward history display and output method

     -> Please refer to this when checking the reward with PoolTool (It seems that it may not be displayed due to function expansion)

  • SUGAR stake pool information

     -> You can also check the following as pool achievements and additional functions. It will be updated after the epoch is switched. I hope it to be useful.

    • How much is the calculated reward for this epoch?

    • Past pool performance

    • Simple reward check

Pool management

  • The pool continues to operate without problems.

  • The block generation node and relay node unit 1 are running with 32 GB RAM which has much higher spec compared to the minimum requirement of 12GB of RAM.

  • The usage rate of relay node unit 2 is also increasing. We hope to be able to upgrade before the Vasil HFC event planned in summer.

Special ward tax / city tax

Notification of special ward tax and metropolitan tax due to staking etc. has arrived. I felt like it was finally here, but I will have to pay an additional tax of about 500000 yen. Combined with the income tax paid in April, it will be a considerable amount.

I feel like I'm working as an office worker to pay taxes. Many people move overseas due to the high tax rate, but I think that some people can not. Cryptocurrency has a risk of collapse in price, but it also has a risk of tax payment. I think it's a good idea to check staking and tax payment as soon as possible because you can take measures such as how much profit you should make.

Be especially careful if the price soars and you get a staking reward, and if it plummets the following year, it can be tough.

The story goes awry, but recently I went to the vaccine venue to get a vaccine. There were too many staff members doing assembly line work. Many of them looked doing a job that was not a must work, like only guiding patients to go from a booth number 1 to number 2, which is just 10 meters away. I was puzzled how the tax was being used.

Some people are working on the revision, so let's cooperate if you have a questionnaire.

Cardano events, etc.

Marlowe Pioneers Program (MMP)

It started on May 19. I also have taken Plutus Pioneers Program 3rd cohort, and I think that it helps me understand and write blogs especially when I need to read and write about technology. So I am taking MMP as well at my own pace, to deepen my understanding.

Marlowe: https://marlowe-finance.io/


It is a portal for Playground, FAQs, documents, etc.It's also interesting to be able to create smart contracts with no code using Blockly.

The 2nd lecture touched on Marlowe Run and Marlowe Playground. 

Please see if you are interested.

In the 3rd lecture, I made a basic contract at Marlowe Playground. I also used Blockley, Marlowe's complement, contract testing, and metadata features. Originally, Marlowe has more limited functionality than Plutus. It is said that you can write a safe contract that works as intended.

The 4th lecture is a lecture to write contracts with Haskell and JavaScript. It's a language I don't usually use, so it's very difficult for me. I set up my PC for Marlowe.

DMM Bitcoin

From June 6th, Cardano (ADA) is listed on the domestic crypto asset exchange DMM Bitcoin. It seems to be leverage only.

Djed

There seems to be more development in stablecoin and Djed. Continued study and case studies are needed to deepen understanding. 

The test net for Stablecoin Djed has started. (Djed Public Testnet is Live !) If you have a Nami Wallet, you can try it.

Cardano Summit NFT Minting

r/sugarstakepool - Epoch 345: Special ward tax / city tax

The Terravirtua blog explains how to do this. You can do it just by logging in, linking Nami Wallet, and stepping on mint, so don't forget to check it if you haven't done so already. In my case, 7 NFTs were displayed on Walletin less than 5 minutes.

Your Guide to Cardano Summit NFTs: https://blog.terravirtua.io/partnership-news/your-guide-to-cardano-summit-nfts/

ADA/USD

r/sugarstakepool - Epoch 345: Special ward tax / city tax
  • Upper: In the daily candle chart, the 5-day moving average has become resistance.

  • Middle: Yellow-green RSI and MFI are moving sideway.

  • Bottom: MACD shows a downtrend.

Fear & Greed Index is at Extreme Fear. It has been at this level for a long time.We are gradually increasing crypto assets in our portfolio.

As always, please DYOR. It is not an investment advice, but a part of an important asset check and support for Cardano. I am looking at a daily chart from a long-term perspective. We sometimes make forecasts of trends, but this is just one way of looking at as an individual. After conducting a multifaceted analysis, please trade at your own risk.

Thank you for reading to the end.If you would like to support Cardano together, I would be grateful if you could follow us on Twitter.If you find it useful, please consider to cooperate by delegating to the SUGAR stake pool.

No comments:

Post a Comment

Vasil Hard Fork Gift

In the early morning hours of September 22nd, Cardano is to have Vasil hard fork. To celebrate the hard fork, I have planned a gift as a tok...