🤝 Bandit Shared Staking Pool
The pool is in internal testing and opens to everyone soon. No date promised; it ships when testing says it's ready. It will be free to use, with one fee: 10% of earned rewards.
The Bandit Shared Staking Pool is a hassle-free way for Zano holders to participate in staking and earn rewards without running a full node, built especially for mobile users and smaller balances.
Why Use the Bandit Shared Staking Pool?
🔹 Stake from Any Device – Mobile-friendly and accessible from anywhere.
🔹 No Technical Setup – No need to run a full node or manage uptime.
🔹 Fair and Transparent – Fully auditable pool with clear reward tracking.
🔹 Compound Your Rewards – Reinvest earnings to maximize returns.
How It Works
1. Deposit Zano into the Staking Pool
Users can stake any amount of Zano, even small balances that would otherwise be inefficient for solo staking.
2. Earn Rewards Based on Your Stake
Rewards are distributed proportionally based on the amount staked and the total pool balance.
- View real-time staking rates and estimated earnings.
- Track your contributions and claimable rewards.
3. Withdraw Anytime
- Users can request a withdrawal at any time, sending their Zano back to their personal wallet. Normal Zano network fees apply.
Pool Fee
The pool keeps 10% of earned staking rewards to cover servers and upkeep. That's the only pool fee. Your staked ZANO is yours; the fee only ever comes out of rewards, never your deposit.
Understanding Pool Metrics
The staking pool dashboard displays several key metrics to help you understand the pool's status and your potential earnings. Here's what each metric means:
Total Pool Balance
The Total Pool Balance represents the current amount of Zano available in the staking pool at any given time. This balance fluctuates as users deposit and withdraw their staked Zano. The pool balance directly impacts the pool's staking power and ability to find blocks, which determines the rewards distributed to participants.
A larger pool balance generally means:
- Higher staking power and more frequent block discoveries
- More stable and predictable reward distribution
- Better efficiency for all participants
Current Rate
The Current Rate shows the annualized percentage return (APR) you can expect to earn from staking in the pool. This rate is calculated based on:
- The pool's recent block discovery frequency
- The total amount staked in the pool
- Network difficulty and staking requirements
The rate is dynamic and updates in real-time as the pool's performance changes. It represents the estimated annual return if current conditions persist, though actual returns may vary based on network conditions and pool performance.
Total Earned
Total Earned displays the cumulative rewards that have been distributed to all pool participants since the pool's inception. This metric helps you understand:
- The historical performance of the pool
- The total value generated for stakers
- The pool's track record of generating rewards
When this shows "No data," it typically means the pool is new or rewards haven't been distributed yet. As blocks are found and rewards are distributed, this metric will update to reflect the total earnings.
Total Staked
Total Staked represents the combined amount of Zano that all participants have deposited into the staking pool. This includes:
- All active stakes from individual users
- Stakes that are currently earning rewards
- The collective staking power of the entire pool
This metric is important because it shows the scale of participation and helps you understand your proportional share of the pool. Your rewards are calculated based on your stake relative to the total staked amount.
Estimated Time to Find the Block
The Estimated Time to Find the Block provides an approximation of how long it might take for the pool to discover the next block and earn staking rewards. This estimate is calculated based on:
- The pool's total staking power
- Current network difficulty
- Historical block discovery patterns
This is an estimate and actual block discovery times can vary significantly due to the probabilistic nature of proof-of-stake block discovery. Shorter estimated times generally indicate higher staking power and more frequent reward opportunities.
Auditable Wallet
The Auditable Wallet is the public wallet address where the staking pool's funds are held. This address is:
- Publicly visible on the Zano blockchain explorer
- Fully auditable by anyone
- Transparent for verification purposes
You can use this address to:
- Verify the pool's balance on the blockchain
- Track all transactions in and out of the pool
- Ensure transparency and trust in the staking pool operations
The wallet address is truncated in the interface for display purposes, but the full address can be viewed on the blockchain explorer for complete transparency.
Use Cases
✅ Small Balance Holders – Stake even with low amounts of Zano.
✅ Mobile & Lightweight Users – No need to run a staking node.
✅ Passive Earners – Earn staking rewards without maintenance.
✅ Community Contributors – Strengthen network security while benefiting from participation.
Auditable and Transparent
The Bandit Shared Staking Pool is fully auditable, ensuring transparency for all users.
Opening soon
The pool lives at staking.bandit.city and is in internal testing. When it opens, it'll be free to use for everyone: casual users and dedicated stakers alike get a way to earn staking rewards and support Zano's network without the technical headaches. Watch @BanditToken or the Telegram group for the opening.