CARDANO_ELI5 We have an 'explain like I'm five' subreddit for newbie questions (how to buy, how staking works, fees etc). Exodus enables users to earn rewards on their ADA via staking, and also provides a convenient staking option for 5 other coins including NEO, VET, ALGO, XTZ and ATOM. A stake pool is a reliable server node that focuses on the maintenance and holds the combined stake of various stakeholders in a single entity. Its hardware wallet support is currently limited to the Trezor Model T. A unique feature of Exodus is the ability to trade for other cryptocurrencies that Exodus supports. The wallet has been topped up, and now you can proceed to staking. DAILY THREAD For market/trading, off topic discussions and questions etc. Cardano is a decentralised public blockchain and cryptocurrency project and is fully open source. Note. Is Exodus doing some odd middle-man value-siphoning here? Please note that Exodus uses the entire amount in your wallet for staking. Hi All, There seems to be a .5% difference in the reported staking yield in the Exodus wallet (4.2%) vs. what Cardano.org reports (4.7%) the APY to be for staking Cardano. You can move your funds any time, as they never leave your wallet. Atomic Wallet. It is the first blockchain platform to evolve out of a scientific philosophy and a research-first driven approach. The Cardano staking yield is about 5% per annum. PROJECT CATALYST Participate! It is the first blockchain platform to evolve out of a scientific philosophy and a research-first driven approach. So I downloaded Daedalus, which is large. In the Exodus client, holders can stake… I got some Cardano on Exodus and staked it, at a reward of 4.21%. Like Exodus it is a very good multi-asset wallet that allows you to store multiple crypto currencies in the same wallet and you own your own private keys. Please note that by default Exodus stakes the entire amount of your tokens. They also allow staking within the wallet but currently there is a bug that stops you choosing which any other stake pool except their own. What is a Cardano ADA Stake Pool? In Exodus, you can stake ADA and get 4.25% per annum. It does not run a full Cardano node and does not support voting. How to stake Cardano. Cardano is developing a smart contract platform which seeks to deliver more advanced features than any protocol previously developed. Exodus does not allow you to choose the stake pool to which you’d like to delegate. Exodus PC application. Click “Stake ADA” to vote for Everstake. Cardano is developing a smart contract platform which seeks to deliver more advanced features than any protocol previously developed. Link – exodus.io. In addition to this, Exodus mobile supports 100+ assets and has other features like: It cannot be changed. Cardano is a decentralised public blockchain and cryptocurrency project and is fully open source. To do this, click on the medal icon located in the upper right corner of your Cardano wallet. I wanna help Cardano, but also get that extra % return for staking. Create, propose and VOTE on projects to be built on Cardano! How to stake ADA. Use the Cardano Staking Calculator to play with these metrics and predict your earnings under certain network conditions. Then click “Stake ADA”. An alternative is the Exodus Cardano wallet. Subscribe to Everstake! The Exodus Wallet supports over 100 cryptocurrencies, has a built-in exchange for exchanging crypto assets, and a decentralized application (DApps) explorer. Then I read about how you can get 5-6% rewards if you stake on Daedalus, plus you're helping with decentralization and whatnot if you use Daedalus, so I figured I do that. On the Cardano wallet page in Exodus, click the Earn Rewards button as shown in the image. Now let’s move on to staking.
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