As explained in this video we have recently decided to cancel our affiliate program mainly due to two reasons:

1- Despite the fact that the percentages offered by this program fluctuate between 10% and 30%, for the vast majority of our delegates the incentives produced by this program are too low. This becomes more evident the more ADAs are delegated to our pool.

2- We have noticed that the average variable margin costs charged by pool operators has decreased considerably to 2.4% at this time. To stay as competitive as possible it is necessary to adjust this rate and by eliminating the affiliate program we can do it.

So starting from epoch 271 our variable rate will drop from 3.8% to 1.98%. In this way all our delegates will benefit by paying significantly less to the pool.

The commissions of all our affiliates will be accumulated and will be paid until epoch 269 which will be paid by the protocol tomorrow June 9 2021 at the end of epoch 270. We will leave our affiliate page operational for a while to allow anyone who has not registered their wallets and those of their referrals, to do so in order to pay them any commissions to which they are entitled.


To participate in our affiliate program, it is essential that only once, both the affiliate and the referral, register their delegated wallets to LATINO STAKING POOL (LATIN), by clicking on the REGISTER WALLET button.


Having been referred to our program, you must register your wallet using the REGISTER WALLET button, as long as the affiliate who referred you has not done so. You must add yourself as a referral, entering your unique affiliate code and that of the person who referred you, clicking on the ADD REFERRAL button.

To find out the details of your referrals and commissions epoch by epoch click on the following button. 

Cardano Latino - Latino Staking Pool (LATIN)

Affiliate Program
Basic concepts and fee explanation

The economic model established by Cardano’s Proof of Stake (POS) protocol, requires that there be systems with specific security and performance configurations, running the different levels of protocol software, connected and synchronized with the global Cardano network, 24 hours a day 365 days a year, keeping continuous updates. This implies a level of knowledge, commitment, investment, etc. on the part of the Staking Pool Operators. This is why delegating your ADAs to a Staking Pool, allows anyone to join the proof of stake protocol, without having to worry about all these difficulties.

Here are some fundamental concepts to understand the Cardano proof of stake:

  1. There are currently more than 2000 stakeholder groups in the Cardano network.
  2. Investors invest in ADAs and delegate to the pool of their trust.
  3. The economy of rewards and fees within the Cardano network is accumulated, calculated and paid every 5 days. This period of time is known in the Cardano world as "epoch".
  4. By delegating your ADAs to a staking pool, you are helping Cardano's network security and therefore the system offers you incentives that represent a growth in your number of ADAs (Staking) of approximately 5% per year. These are the rewards you will receive for each epoch in which the staking pool you are delegating to makes at least 1 block.
  5. Time between delegation and receiving first rewards and commissions is between 15 and 20 days. After that, rewards are received every 5 days, as you can see in the picture below, (Delegation: step by step).
  6. Each delegate contributes, according to the size of his stake compared to the total ADAs delegated to the pool, with the fees the protocol automatically pays to the operator of the Staking Pool. These fees cover the operating costs of the pool and the remuneration for the work, dedication and effort to produce the assigned blocks.

These fees are:

  1. Fixed fee to cover pool operating costs. At this time the protocol requires a minimum of 340 ADAs per epoch. Most operators, including Latino Staking Pool (LATIN), charge this minimum.
  2. Variable fee. This fee is in a range between 0% and 100%. The current average (as of January 2021) is 7.34%. You have to be careful as this percentage can be easily changed at any time by the pool operators. There are some unscrupulous operators who have started with 0% to attract delegators but suddenly and without warning they change this percentage to 100% or to a very high percentage leaving delegators with few or no rewards.

The entities that develop Cardano do not recommend pools that do not charge a variable fee or charge extremely low fees, since they consider that this reflects a model that is not sustainable over time or that the pool is potentially managed in an unprofessional manner with minimal equipment or resources which potentially do not provide delegators with optimal rewards.

At Latino Staking Pool (LATIN) we decided from the beginning to establish this rate at 3.8% which is very competitive, but as of epoch 271 it is reduced to 1.98% which will allow us to position ourselves in a select list of pools with lower rates.

Rewards and fees example of Staking in Cardano

For epoch 251 in which Latino Staking Pool (LATIN) made 3 blocks, Cardano's protocol granted 2627 ADAs to our pool. The rewards and fees for delegates are automatically calculated by the protocol as follows:

  • The fixed rate (340) is subtracted, which covers the pool's operating costs:

    2627 - 340 = 2287.

  • The variable rate is calculated and subtracted from the remaining balance, in order to find the total number of ADAs to be distributed as a percentage among all the delegates of the Staking Pool:
% Variable Fees in ADAs Balance
3.8% 2287 * .038 = 86.906 2287 - 86.906 = 2200.09

Table 1


  • The total ADAs are calculated and distributed for the pool operator:

    340 + 86.906 = 426.906

  • The remaining 2,200,094 ADAs are distributed as a percentage among all delegates in the group. This is done by calculating the participation percentage of each delegate compared to the total ADAs delegated to the Staking Pool.

In this way, in effect, each delegate is contributing as a percentage to the payment of the pool fees. Basically, the delegators with the highest percentage of participation in the pool receive the highest reward but also contribute more with the fees and in contrast, the ones with the least participation receive less reward but contribute less with the fees.

Delegation: step by step