Frequently Asked

Staking ADA refers to delegating your ADA to a stake pool. When the stakepool is chosen to produce a block, the rewards are distributed to the delegators. Pool fees are used to fund the stake pool operations. The Return on Investment (ROI) for the delegator is also called Return on Stake (ROS) or Return on ADA (ROA). The rewards are distributed every epoch and can vary depending on how many blocks a stake pool produces. The amount of blocks produced is based on an algorithm, which causes all pools, both large and small, to have an ROI of around 5-6% annually. Typically, large pools produce more blocks, but the rewards are diluted heavily amongst more delegators, whereas smaller pools produce less blocks, but the rewards are distributed in higher proportions to delegators.

The current cost to stake is 0.173641 ADA (subject to change) for the transaction plus a 2 ADA Key Deposit fee that is required to register your staking address to the blockchain. This 2 ADA is then returned if you decide to undelegate your wallet at any time.

Once you delegate your ADA to a pool, a snapshot is taken at the end of the current epoch (Epoch N), in which the protocol captures the balance of your stake key registered in the blockchain. At the end of Epoch N+1, slot leaders are elected for Epoch N+2. During Epoch N+2 the stake pools produce blocks they are entitled to as per the slot leader election.  At the end of Epoch N+2, a new snapshot registers the rewards collected. At the end of Epoch N+3, the protocol distributes reweards to all stake keys, which show up in Epoch N+4. Thus, you will start to receive rewards in 4 epochs, after at least 20 days.

We strongly urge you not to stake on an exchange for several reasons. Firstly, you do not have full control of your private keys and exchanges are vulnerable to hacks, in which you will never be able to recover your funds. Secondly, the returns for exchanges will be less than if you stake to a community pool. Lastly, exchanges reduce decentralization, giving more control and influence to the big whales.

You can delegate by seaching up our stake pool in a staking-supported wallet by using 1 of the following identifiers:

Name – Cardanodo

Ticker – NODO

Pool ID: 20c00ebe39ed12dbd2f3e84a5b57b85c972d1039cf79c70d893b6227

To learn more about staking, click here:

It is a seamless transition to redelegate your stake and no ADA is lost in the transition process. Please keep your original wallet, to receive the remaining rewards from the original stake pool, which will be paid out over 3 epochs. On the 4th epoch since you redelegated (n+4), you should start to see rewards from the new stake pool.  

Unlike some other cryptocurrencies, ADA has no lock up period. You retain full spending power over your funds at any time. You have the option to spend, undelegate, or redelegate to another pool of your choosing at any time.