45 Cardano stake pools were selected out of 188 applicants.
Cardano Foundation has released a list of Cardano stake pools selected for delegation for October 2022.
“Today, we did the redelegation of the Cardano Foundation Wallets,” the organization noted in a recent announcement.
? Announcing the #Cardano stake pools selected for delegation in October.
188 applications
140 pools with honorable mentions
58 with outstanding contributions
45 pools received delegation
Congratulations to everyone for their participation.?
Read more: https://t.co/y6HHJqhDsc— Cardano Foundation (@Cardano_CF) October 20, 2022
According to the announcement, Cardano Foundation received 188 applications for this month’s stake pool delegation. Of the 188 applications received, 58 of these pools were selected for their outstanding contributions toward the growth of the Cardano ecosystem.
Out of the 58 pools considered to be outstanding, 45 pools were selected for this month’s delegation by the Cardano Foundation.
“We have identified 58 of them as outstanding contributions […] We did a random draw and delegated to 45 pools,” the announcement added.
Some of the pools selected include GimbalPool (GMBL), Everest Stake Pool (EVT), Nomad Pool (NOMAD), RDLRT StakePool (RDLRT), and ChainCrucial.io (CCIO), etc.
The non-profit organization stated that it had been exactly a year since it changed the delegation strategy of stake pools to support promising projects.
However, participation in this round of stake pool delegation was very low compared to previous rounds. This is because some bigger stake pools chose not to participate in this round to give smaller projects a chance.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
