FAQ & Legal
Last updated
Last updated
Frequently Asked Questions are always a work in progress, aren't they? Don't hesitate to email us anytime with any questions or for more information.
Pool.pm is fantastic for those using a browser extension (Eternl, Yoroi, etc.). Simply click on the "JOIN" button at the top right (just make sure you're on our page), select your wallet, and then review/sign the transaction.
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Cexplorer.io offers a similar function. Simply look for the "Delegate" button at the top right and follow the instructions.
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Eternl Wallet: click the "Staking" tab at the top, search/filter for WMTX, and click on the "Delegate" button.
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Daedalus Wallet: navigate to the "Staking" page, click the "Stake pools" tab at the top, search for WMTX, click on our tile (a window will appear), click on the "Delegate to this pool" button and follow the guided steps to finalize the transaction.
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Vespr Wallet: navigate to the "Rewards" tab at the bottom of the UI, look for the search icon at the top right, search for WMTX, and on the next screen click on the "Stake to this pool" button.
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All of this to say, while the method may vary depending on the wallet you're using, it's quick and painless to delegate to WMTX.
Our stake pool is a loss-leader. It's that simple.
We will however recoup network fees, transaction fees, and bridging fees when applicable in the interest of fairness. These costs are negligeable, but they exist.
We do also benefit indirectly:
Potential for extra infrastructure and/or $WMTx tokens staked to the Blistering EarthNode may allow us to generate more rewards.
Getting to meet awesome World Mobilers from around the world.
Pride in helping grow the World Mobile ecosystem and being proactive community members.
If we're going to help "connect the unconnected", the early World Mobile community needs to start working together today.
If we command millions of dollars in staked $ADA, $WMTx, and infrastructure, our voice is strong enough to help shape the future of World Mobile.
The Cardano protocol will directly issue 50% of rewards in native ADA.
And we will issue the remaining 50% of the rewards exclusively as $WMTx tokens.
In fact, we manage operations across three blockchains:
ADA and $WMTx on Cardano
$WMTx on Base
USDT on Ethereum
We then convert everything for simplicity into $WMTx as Cardano Native Tokens (CNT) so that they can be easily claimed by delegators.
Claim your $WMTx rewards monthly through our portal.
A small network and handling fee will apply to claim (< 1 ₳).
The Cardano protocol will directly issue the remaining 50% of rewards in native ADA after each epoch to your wallet.
We are currently finalizing our Claims Portal. Complete details (subject to change) coming soon!
Consider this the cost of doing business. Or our marketing budget. Nonetheless it is a transparent 10% earmaked for the program.
It's important that we attract & incentivize likeminded enthusiasts, EarthNode Operators, AirNode Operators, ADA Whales, and all $WMTx token holders that want to take part.
Together, we can make a bigger impact in advancing World Mobile's mission by minting as many Cardano blocks as possible.
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Our goal is to reach an Active Stake of 5,000,000 ADA (₳) in order to routinely produce blocks and thus rewards for our delegators.
While we were inspired by House Of Titans and Nuvola, this stake pool operates as a World Mobile community-led initiative and more akin to a non-profit or co-op.
Of the 50% margin fee that we collect from producing blocks on Cardano, we not only put 100% into buying physical infrastructure and $WMTx tokens, we share 100% of the rewards with delegators (all claimable in $WMTx for simplicity).
We also help those that can't buy physical infrastructure for whatever reason; whether financial or otherwise. To stake passively on Cardano is effortless and now you can help put your ADA to work in a tangible way to help the World Mobile mission.
We launched the pool on June 24th, 2021 (under another ticker) to simply to learn about the Cardano ecosystem and contribute to the network. Fast forward to 2024, we converted a lot of ADA buying an EarthNode (and $WMTx of course), so the pool wasn't minting many blocks, thus waning rewards and a decision to make.
Faced with a choice of closing shop or trying something new, Blistering.io's founder decided to re-brand the stake pool with the WMTX ticker and here we are today; merging our passions for World Mobile and Cardano.
The Blistering logo was "spray painted" live in the metaverse by a longtime friend & legend Pixel Hustler. Blistering.io's CEO, Rob, is a graffiti & mural aficionado.
Click here to sign up! Stay up to date with all things World Mobile and this stake pool of course.
Blistering.io's founder hangs out on Twitterrr... X.
If that's not where it's at, then drop us a line and suggest your favourite platform.
Cardano uses a delegated proof-of-stake (dPoS) consensus model, meaning users do not need to run their own full node to participate. Instead, they can delegate their ADA to a staking pool.
Here’s how the staking process works:
Staking Pools: These are groups of users (called delegators) who combine their ADA to increase the likelihood of creating a new block and earning rewards. When you stake your ADA to a pool, you're essentially entrusting the pool to participate in the network’s consensus mechanism on your behalf.
Delegation: You don't have to give up control of your ADA when you stake it. By delegating your ADA to a pool, you maintain ownership and can withdraw or move it at any time. The only thing you're doing is delegating voting power to the pool's stake.
Block Production and Rewards: Cardano’s network relies on a process called Ouroboros for consensus. Every time a pool successfully validates a block (i.e., adds a block to the blockchain), they receive rewards, which are then shared among the pool's delegators based on the amount of ADA they’ve staked.
Staking Rewards: The rewards are distributed periodically, every 5 days (or one epoch in Cardano terms). These rewards come from the network’s transaction fees and new ADA created by the protocol.
Cardano's liquid staking is brilliant. At no point does your ADA ever leave your wallet; it is simply delegated ("assigned") to the WMTX stake pool.
There is a small network fee to delegate (or re-delegate), but otherwise you'll never have to lock or lose control of your assets.
Reminder: never share your wallet spending password or seed phrase. We will never ask for any personally identifiable information from you (caveat for some WMTX Pro members where coordination is required to prove asset ownership).
The Blistering EarthNode Cardano stake pool (ticker: WMTX) is owned and operated by Blistering Media Inc., a federally chartered Canadian corporation, and is not affiliated with nor endorsed by World Mobile Token (BVI) or World Mobile Group Limited (UK).
Should the official World Mobile team wish to claim or operate the stake pool ticker "WMTX," we will gladly transfer it as a gesture of goodwill.
The Blistering EarthNode stake pool is a tribute to World Mobile's mission and represents a community-driven initiative to help Connect the Unconnected. We are proud to contribute to this vision and support the broader goals of decentralization and global connectivity.
From a legal perspective, all physical infrastructure purchases (e.g., AirNodes) are fully owned by Blistering Media Inc..
In the unlikely event that stake pool operations are discontinued, we will ensure a fair and transparent process for handling infrastructure assets:
Option A: All equipment purchases will be auctioned publicly at fair market value, provided that World Mobile facilitates a secure mechanism for transferring ownership rights.
Option B: If NFT-based ownership representations become available, we will list the assets on reputable public marketplaces (e.g., jpg.store or Magic Eden).
Should neither option result in a successful sale within 90 days, the assets will become permanent property of Blistering Media Inc..
At any point, we reserve the right to repurpose, sell, or dispose of the infrastructure in alignment with our long-term strategic goals and portfolio balance.
At Blistering Media Inc., our vision is to deliver tangible value and real-world impact through innovative infrastructure and blockchain-powered solutions. We are committed to making a lasting contribution to the Cardano stake pool ecosystem and invite you to join us on this exciting journey!
The information provided on this website, including but not limited to product details, services, roadmaps, and policies, is part of an iterative and evolving process. As this project continues to develop and improve, details may be updated, refined, or changed without prior notice.
We strive to maintain transparency and provide the most accurate information available. However, due to the dynamic nature of the Blistering EarthNode stake pool, we encourage visitors to check back regularly, sign up for updates, or reach out for clarification if necessary.
Our goal is to foster innovation, adapt to feedback, and deliver the best outcomes for our community. Thank you for being part of this ongoing journey.