SLR Stake Pool - A Cardano Music and Media Lynchpin
Author
So Litty Admin
Date Published

Support the Future of Music: Delegate to the So Litty Records (SLR) Stake Pool!
The Cardano ecosystem is a vibrant hub for innovation, especially at the intersection of music and Blockchain. At So Litty Records (SLR), we are proud to announce and invite you to join a crucial initiative: our dedicated SLR Stake Pool. This pool is more than just a component of the Cardano network; it's a direct engine for fostering music development, technological innovation, and community growth within the Web3 space.

A Proven Foundation for Innovation
The SLR Stake Pool, operating under the ticker [SLR], has a robust and reliable history. It successfully transitioned from the SickCityMusic (SCM) stake pool, marking a strategic move to consolidate resources and streamline operations under the So Litty Records banner. This transition was celebrated with the significant achievement of the pool minting its 500th block, underscoring its operational reliability and consistent contribution to the Cardano network.
We have also committed to making our pool even more attractive for delegators by reducing the pool fee from 340 ADA to a competitive 170 ADA per block. This ensures that delegators receive optimal returns while directly fueling our mission.

Fueling Music Development with Every Block
The 170 ADA earned per block from the SLR Stake Pool is strategically allocated to propel several core initiatives that are redefining the music industry on the blockchain. All blockchain-based earnings are funneled into the SLR Shared Treasury, which is managed by our designated managing members for long-term growth, including investments in new projects and technology development.
These vital earnings are specifically geared towards:
Advancing the ARP Radio Platform and CIP-60 Tooling: A significant portion of the earnings will support the further development of the ARP Radio platform. In partnership with The Psyence Lab, ARP Radio is crucial for providing technological and developmental support for music token use, minting, and the CIP-60 compliant metadata standard. CIP-60 is a Cardano Improvement Proposal designed to standardize music metadata for NFTs and Fungible Tokens, making music discoverable and interoperable across the ecosystem. Our pool earnings will help develop user-friendly tools for metadata generation, automatic formatting, and integration with audio analysis tools. We also co-host free weekly CIP-60 Music Metadata Tooling and Education Workshops with ARP Radio/The Psyence Lab every Thursday, empowering artists and developers alike.

Innovating Auto Royalty Payments (ARP) and Copyright-Analog Projects: The stake pool earnings will directly contribute to the future development of Auto Royalty Payments and Copyright-Analog projects. We aim to ensure content creators are properly compensated by building systems that automatically distribute royalties. The "Copyright-Analog" aspect is supported by initiatives like the JukeBox Elite Series, which uses CIP-60 to uphold existing use cases for copyright analog in music tokens.
Expanding SLR's Flagship Projects: A share of the earnings is continuously reinvested into the expansion of our key projects under the So Litty Records banner:
JukeBoysNFTs: This integral project generates revenue from primary NFT sales and secondary royalties, aiming to be a leading global platform for blockchain music distribution. Pool earnings are utilized for sweeping the JukeBoysNFTs floor and even airdropped to staking delegators.
$LEAF Token: Focused on community-driven revival, $LEAF Token plans branded merchandise and e-commerce integration, with a significant portion of its supply locked for mining via LEAF Girl NFTs to reduce circulation and increase liquidity.
StripperCoin: Through a strategic partnership with SLR, StripperCoin is expanding its ecosystem into virtual reality, live streaming, and adult entertainment, leveraging Cardano's energy efficiency and security.
Why Delegate Your ADA to SLR?
Delegating your ADA to the SLR Stake Pool is a direct and impactful way to support the development of a more transparent, equitable, and artist-centric music industry on the Cardano blockchain. You retain full ownership of your ADA; staking merely delegates your participation rights without risk of losing control of your coins.
By choosing to stake with SLR, you become part of a community committed to innovation and the intersection of music and blockchain technology. You contribute to:
Empowering Artists: Directly fund tools and platforms that give artists greater control over their music distribution and monetization.
Driving Innovation: Support the development of cutting-edge blockchain solutions for royalties, metadata, and new music experiences.
Building Community: Join a forward-thinking collective dedicated to education, collaboration, and growth within the Cardano music ecosystem.

SLR Governance Workshop for the Cardano Constitution Convention Circa 2024
Join the Revolution: Delegate to SLR Today!
Supporting the SLR Stake Pool is simple and secure. We are compatible with leading Cardano wallets such as VESPR, Eternal, TokyoPay, and Gero.
To delegate your ADA:
Scan the QR Code:

Scan the QR Code for a Game Changer Stake Transaction to be Built!

A catalog of all CIP-60 compliant tokens on the Cardano blockchain, minting tools, and music media player,

SLR acquired JukeBoysin early 2024, a would-be abandoned project! JukeBoysNFTs and the community have become the HUB for Music on Cardano.