What is 'Pledge Influence Factor' in Cardano?

The Pledge Influence Factor in Cardano is a parameter that determines how much a stake pool's own pledge (the amount of ADA committed by the pool operator) affects its potential rewards. A higher pledge influence factor increases the importance of the pool's own stake, incentivizing operators to have more 'skin in the game' and promoting network security.

More Related Terms

View All
No items found.