Cardano pools are over-collateralised, with 7% holding a third of pledged assets

Block beat BlockBeats news that Cardano's largest mine pool has now been over-mortgaged. AdaPools.org notes that as of January 4, 18 of Cardano's 249 active pools were full. 7% of the more active pools split 33% of the pledged ADA.

However, IOHK has previously said Cardano has its own assurance mechanism for such situations. 'the bonus is Shared by fewer people and the bonus pool becomes less attractive,' IOHK wrote on Twitter. " Users who fail to switch to a less saturated pool get a lower return, an incentive designed to prevent the pool from becoming concentrated. But for now, it seems that Cardano needs to improve its collateral regime to prevent further concentration of pledged assets.

Original address:https://cryptobriefing.com/cardanos-staking-pools-struggling-with-saturation/

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