Stake Your Claim
in the future of music
What is staking?
Why stake with NEWM?
Staking your $ADA with NEWM stakepools is an easy way to get involved and support the continued development of our music project while earning some rewards and generating passive income in the process. AND the cherry on top – staking does not lockup or require a transfer of funds to participate.
Since we started the project in 2021, NEWM pools have been the primary source of funding for the development of foundational technology that’s laying the groundwork to completely disrupt the music industry, including:
NEWM Studio
Blockchain-based music distribution platform that allows artists to fractionalize streaming royalty rights for their music.
Benefits of NEWM Pools
No Risk
Staking on the Cardano blockchain does not require a lockup, transfer of funds or key-sharing to participate in benefits.
Rewards
Delegators will be rewarded with $ADA and/or $NEWM tokens, depending on the pool, the duration and quantity of ADA staked.
Discord Perks
Join our growing music-tech community and get access to exclusive roles, channels, whitelists and updates before anyone else.
Voting Rights
Earn headache-free $NEWM payouts through staking with NEWMC Pool to share your voice and make an impact in community-governed votes.
Which NEWM Stakepool
is right for you?
Whether you’re looking to earn $NEWM tokens or $ADA, we’ve got you covered. Check out the details of each NEWM stake pool below. Remember, you must be staked for at least 2 epochs to be eligible for rewards.
The 'stake pool remix' changes only affect NEWMC Pool and are effective starting Epoch 500. This stake pool offering will only last for the course of ONE year. Depending on how long you delegate to this pool and how many tokens remain at the end of this offering, you'll be eligible for a bonus distribution once the stake pool offering term is complete.
NEWMC Pool
Ticker: NEWMC
Margin: 99%
Pool ID:
9e5dbc61ade8b23176636e739fb056d30572c1669d2671f590b83afa
Rewards: $NEWM
Starting Bonus: 8%
Loyalty Bonus: Extra 1% per epoch, caps at 20%
Rewards Lockup Period: NO
Details: NEWMC Pool offers the equivalent of your $ADA rewards in $NEWM token, plus starting and loyalty bonuses depending on eligibility. This pool uses a 'Moving Average' market price calculation for $NEWM token across multiple epochs.
NEWMX Pool
Ticker: NEWMX
Margin: 5%
Pool ID:
40fd2f82c5b6eeee096d761c9d4c8352f3901467bd49a5658f30c6c2
Rewards: $ADA
Starting Bonus: NO
Loyalty Bonus: NO
Rewards Lockup Period: NO
Details: NEWMX Pool is a regular margin stake pool with no $NEWM rewards, meaning 95% of $ADA rewards are shared among all stakepool delegators (according to their stake) while the other 5% goes towards NEWM's product development.
NEWM Pool
Ticker: NEWM
Margin: 5%
Pool ID:
926b65d00c21aa1fb19e44faa2293e342578ed6a80aca4a551191a70
Rewards: $ADA
Starting Bonus: NO
Loyalty Bonus: NO
Rewards Lockup Period: NO
Details: NEWM Pool is a regular margin stake pool with no $NEWM rewards, meaning 95% of $ADA rewards are shared among all stakepool delegators (according to their stake) while the other 5% goes towards NEWM's product development.