What is ADA staking?

ADA staking is a great way to passively earn income. By staking Cardano, you can earn rewards for helping to secure the network and growing the Cardano community. You don’t have to do anything special — just hold your coins in the ADA wallet, and you’ll start earning rewards.

What is Cardano (Ada) staking?

But Cardano operates differently than other mainstream cryptocurrencies. Instead, you earn ADA through a process called Cardano staking, and Cardano uses ADA stake pools – or delegation – to achieve this. How to stake Cardano – that is, how to delegate your Cardano stake – is an important part of the backbone of the Cardano ADA system.

How do I stake my Ada?

Delegating your stake will be done within your wallet. It will be as easy as selecting a drop-down. You don’t need to trust a pool, the rewards are distributed by the protocol, not by the pool. You can stake your ADA with hardware wallets and even with paper wallets.

How are stake pools rewarded for staking Ada?

Therefore, stake pool operators are rewarded for running the protocol in the form of incentives that come from the transaction fees and from inflation of the circulating supply of ADA. Is there any risk or lock-up for staking ADA?