minswap/ada-delegation

Scripts to run the Randomized Decentralization framework for Minswap ADA delegation

ada-delegation

Scripts to run the Randomized Decentralization framework for Minswap ADA delegation: https://forum.minswap.org/t/minswap-ada-delegation-framework

How to run:

python3 get_all_pool_list.py
python3 get_eligible_pool_list.py
python3 randomize_pool.py

Data source: https://cexplorer.io/

ada-delegation's Issues

dtDn in get_all_pool_list.py but not in all-pool-list.json

dtDn pool is in the python script get_all_pool_list.py however it doesn't appear in all-pool-list.json

Why is it missing from the list?

Bug in pool filter script: Only 0% pools are selected as eligible for Minswap delegation

There is a bug in the get_eligible_pool_list.py script.

The requirements for a pool to be eligible as as follows:

• Single-pool operators only
• Pool size: 200k-5m ADA at time of snapshot
• Fixed cost: 340 ADA
• Minimum Pledge: 20k
• Must be registered for at least 6 months
• Total Variable Fee/Margin to never exceed 3%
• Pool Operator has demonstrated technical capabilities: having minted at least 1 block

(as defined here: https://forum.minswap.org/t/minswap-ada-delegation-framework/3808)

The function to determine if a pool is eligible takes all these things into account:

    if 200_000_000_000 < stake < 5_000_000_000_000 and \
       tax_fix == 340_000_000 and \
       pledge > 20_000_000_000 and \
       tax_ratio <= 0.03 and \
       blocks_lifetime >= 1:
        return False

https://github.com/minswap/ada-delegation/blob/9de24a7e3391c31fabda46a863607cab98a7862e/get_eligible_pool_list.py#L18C8-L18C31

The bug is on line 18. The check for the pool margin fee (aka. tax_ratio in the json file) is checked against 0.03. This should be 3%.
However, the tax_ratio in the data is the percentage, not the percentile.

Example: A pool with a 1.5% margin fee would have a tax_ratio of 1.5, not 0.015.

This leads to only pools with a <0.03% margin fee to be eligible.

I think this is a pretty severe bug and the randomly selected pools should be re-rolled after the fix.