The Daedalus 2.4.1 release brings fresh improvements to the delegation user experience, following community feedback. Daedalus now provides a ranking for all stake pools and gives equal ranking to pools with potential rewards estimated at zero, if they are yet to mint a block or have a short history of block production.
Stake pool ranking improvements
We have made some further changes to the way stake pools are displayed in the rankings. Stake pools yet to mint a block or those with only a short history of block production are unlikely to deliver rewards to delegators. Therefore potential rewards from such pools are estimated at zero. Such pools are now ranked equally. This change has been made as a direct response to concerns raised by the stake pool operator community about unranked pools appearing undesirable or delisted within Daedalus.
Daedalus ranks pools based on potential rewards for the amount of ada you intend to delegate (selected using the stake slider). This is an estimate, taking into account all stake pool attributes, historical performance data, and the desired number of block producing pools on the Cardano network (k parameter), currently set to 150.
Pools with potential rewards estimated at zero may earn some rewards for their delegators. However, it is more likely they will not earn any rewards due to the nature of block allocation. The ranking system and potential rewards estimation provide Daedalus users looking for rewards with the ‘safest’ choice when making delegation decisions. Delegating to new pools or pools with low ranking can, in fact, yield even more rewards than delegating to top-ranked pools, but it is riskier. And delegators may choose to support smaller pools by building up their stake and improving their chances of minting blocks (and generating rewards) in the future.
The explanation tooltip for stake pool rank (visible when hovering the rank label in the stake pool details or when hovering the table header in the stake pool table view) now includes an explanation for the low-ranked pools sharing the same ranking.
Setting the stake slider to a higher value will give more pools a unique ranking and reduce the number of low-ranked pools with the same ranking. Please, select the amount of stake using the dropdown above the stake slider or set the stake slider to different values manually to see the ranking based on the amount of stake you intend to delegate.