[INITIATIVE 2] – EPOCH 289 SPO SHOWCASE – LACE

Overview

LACE stake pool was set up on Epoch 250 by Robin, an experienced software developer proficient with Linux systems administration. 

The pool currently has 24 delegators with an active stake of $475.1k and 75k Ada pledge. It currently charges 1% fees and has minted 9 lifetime blocks. 

Read on more about LACE and help them mint more blocks / improve the open sourced developer ecosystem!

Why them

Open source software fund

Many a time, we use open source software for the purposes of work, leisure etc. However, the developers who designs and creates these tools for us to use often go unnoticed, are underpaid and spend long hours coding. Without these lynchpins, the software would be unable to function. 

Different from a majority of SPOs, LACE stake pool focuses and dedicates 25% of its rewards towards supporting these deserving developers/ projects on Github. Delegators to LACE are able to submit possible projects for consideration, with a thorough and stringent selection criteria. 

List of projects supported

As such, they are well deserving to earn one of the spots on our showcase initiative. Do give LACE pool a visit if you are interested in their work. Connect with them via below:
Website
Twitter
Telegram
Github

Huat to LACE–> All the best in improving your stake and getting your next few blocks soon! 

😸

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