It’s been an absolutely exciting few weeks here at Mission Zambia Stake Pool (ZAM)! Seeing months of effort finally pay off has been immensely rewarding, and we’re thrilled to share what’s been happening.
Block Minting Milestones and Community Support
Although we’ve been running since May 2023, ZAM minted its very first block in epoch 507 in October 2024—and what a journey it’s been since! Thanks to our incredible community and loyal delegators, ZAM’s delegation has soared, hitting an all-time high of over 3 million ADA.
Special shout-outs go to the Cardano-over-Coffee family, Dave, MoonBase, and everyone in the Cardano X community for helping spread the word about ZAM and our mission. You’ve been instrumental in our growth, and we couldn’t have done this without your support.
100% Block Minting Success
We’re proud to report that ZAM has minted 100% of our scheduled blocks, thanks to the tireless efforts of our tech janitor, Johnny Kelly. If you’re looking for a reliable stake pool, look no further. Stake with ZAM! ZAM is delivering consistent rewards to our delegators and staying true to its mission.
Staking Rewards for a Purpose
With every block we mint, rewards flow to our delegators and the pool operator. Here’s where the magic happens: 40% of the pool’s revenue is set aside for charitable initiatives, currently focused on providing beds for the boys at the Garden Mosque Orphanage.
While our journey began with a seed donation of one bunk bed, we’re scaling up—and it’s all thanks to your support!
BedHedZ NFTs: Join the Movement
In addition to pool rewards, we’ve launched the BedHedZ NFT collection to raise funds for our orphanage project. So far, three amazing supporters have minted, leaving 147 NFTs ready for you to mint!
Every ADA raised through BedHedZ goes directly to our projects. Want to be part of this movement? Click below to mint a BedHed:
Funds from BedHedZ sales are deposited into the $bedhedz wallet, which also holds the 40% of ZAM’s pool revenue earmarked for charitable works. When enough funds accumulate, they’re converted to Zambian Kwacha and used for the next phase of our projects.
Staying Accountable
Accountability is at the heart of what we do. For now, updates on fund usage will be shared via blog posts, including:
- Links to on-chain transactions.
- Screenshots of off-chain transactions (CEX swaps, mobile money transfers, and more).
- Photos of the beds and other project milestones.
We’re also working on a BedHedZ NFT-gated section on our website for more comprehensive transparency and community interaction.
Progress Timeline
Here’s where we stand with the latest beds for the orphanage:
15th November 2024
- Price agreed with workshop: K2,800 per steel bunk bed.
- 180 ADA sent from $bedhedz to CEX.
- 181 ADA sold on CEX for K3,138.24.
- K3,123.24 withdrawn to mobile money.
- K1,530 downpayment sent to workshop to start work.
21st November 2024
- First bed completed.
- Order placed for second bed.
- 135 ADA sent from $bedhedz to CEX.
- 135 ADA sold on CEX for K2,936.09.
- K2,921.09 withdrawn to mobile money.
- K2,830 sent to workshop (balance for first bed + downpayment for second).
24th November 2024
- Workshop reports transport challenges for completed beds.
- Decision made to target 5 beds before arranging transportation to reduce costs.
- Order placed for third bed; second bed due 25th November.
- 105 ADA sent from $bedhedz to CEX.
- 105 ADA sold on CEX for K2,915.34.
- K2,900.34 withdrawn to mobile money.
Looking Ahead
With three beds in progress and plans for two more, Mission Zambia is ramping up. We’re finally seeing our vision come to life, and we’re not stopping here!
If you’re already delegating to ZAM, THANK YOU for being part of this mission. If you’re not, this is the perfect time to join us. Your stake directly supports these life-changing initiatives.
Together, let’s give these children the comfort and care they deserve—and prove that Cardano can truly change lives.
Join us on this incredible journey!