Cardano Staking FAQ
What is Cardano staking??
Cardano staking is the process of validating transactions on the Cardano blockchain using the proof-of-stake (PoS) algorithm. Users who participate in Cardano staking pledge their ADA (the Cardano cryptocurrency) as evidence of their commitment to fairly validate transactions and maintain network security. In return, they receive ADA rewards for their staking participation.
How do I delegate to a pool?
See this detailed guide by IOHK on how to delegate to a Stakepool with the Daedalus wallet
What is an epoch?
In Cardano, time is broken up into Epochs. A Epoch has a duration of 5 days. After each Epochs you get your Rewards.
Why should I stake my ADA?
If you decide to stake your ADA for a set period of time, you’ll periodically earn a return on your investment. Staking also helps supporting the Cardano network
What is the pledge?
The pledge is the amount of ADA the pool operator have staked in their own pool. That’s the operator “skin in the game”. This effectively lets delegators know how invested the operator is in the success of the pool.
Is my ADA locked when I delegate to a pool?
No, you are free to spend your ADA at any time.
Can I loose my ADA delegating to a staking pool?
No. Staking is 100% safe. Your staked ADA is under your control. Stake pools never have access to your funds or rewards.
When do I start earning staking rewards?
You will get your first rewards after 15 – 20 days and then every 5 days whenever the pool produces a block.