WHAT IS ADA :: CARDANO ::
Ada is the Native Token of Cardano
Cardano is the world's first peer-reviewed blockchain.
CARDANO PROJECT :: BIG THREE TEAM
An independent Swiss-based non-profit that oversees and supervises the advancement of Cardano.
Founđe in 2015 by Charles Hoskinson and Jeremy Wood, IOHK is a technology company committed to using peer-to-peer innovations to provide financial services to the three billion people who don't have them.
EMURGO is a global blockchain technology company providing solutions for developers, startups, enterprises, and governments.
What Is Staking About?
Staking is really just holding your ADA coins and registering them in the network as being "staked".
You do this by delegating your stake to a stake pool like ours [TRADA] Pool.
This helps in securing the network from attacks.
In return, the network protocol pays out rewards to those who staked their ADA coins.
How Much Will I Earn From Staking?
This is relative to how much you stake.
The annual returns provided by IO Global (the developers of Cardano) is somewhere between 5% to 10%.
When Will I Receive My Staking Rewards?
After you have finished delegating your stake, it will become "live" right away but not yet "active".
It will become active after the current and the next epochs have ended.
An epoch is a period of 5 days in the Cardano network.
When your stake is active, you will be entitled to rewards for blocks produced by the stake pool.
Supposing the pool minted blocks in that first epoch when your stake became active, you will receive your rewards for that epoch after 1 more epoch has passed.
if you delegated in epoch 222, your stake becomes active in epoch 224. Supposing the pool minted blocks in epoch 224, you will receive your first rewards in epoch 226.
For blocks produced in epoch 225, you will receive rewards in epoch 227 and so on, every 5 days.
Staking Proceesing step
Newly staked ada will be recorded in the "Snapshot" that occurs at the end of the current epoch (n).
This snapshot will become "Active" at the end of the next epoch (n+1) and will begin earning rewards.
The rewards will be "Calculated" at the end of this second epoch (n+2).
And finally the rewards will be "Delivered" at the end of the third epoch (n+3).
From then on, you'll receive rewards every epoch, which were earned in the previous epoch.
You can expect a little over 5% annualized return on your stake.
Rewards are paid out at the end of every epoch (5 days).
There is a 3 epoch delay between when you initially stake and when you will see your first rewards.
Are My Rewards Automatically Staked Also?
The rewards you earn accrue with your original staked amount.
When rewards are received, the balance of your rewards account increases; and consequently, your delegated stake also increases.
It compounds automatically every epoch (5 days)!
How Do I Get ADA Coins To Stake?
First, you need to buy some BTC, ETH or USDT at crypto exchanges like Binance or Coinbase.
Second, when you already have USDT or BTC, you can use that to buy ADA at those same exchanges also.
Third, from there, you can then withdraw your ADA into your own wallet.
Make sure you use one of the supported wallets with staking functionality already available.
We recommend Daedalus or Yoroi.
SPO's rewards vs Delegator's rewards example
ABOUT [VNPIPS SPO TEAM]
TRADA Pool Stake has been providing reliable and high performance Cardano (ADA) staking service since October 2020.
And VITRA Pool started staking service since January 2021.
Driven by our desire to provide a profitable staking service for all Cardano delegators, our guiding principles are to ensure security and continuously optimize performance of the stake pools.
Our aim at VNPIPS Team Pool Stake is to become a valuable participant in the Cardano ecosystem and actively contribute to securing the network. For our stake pools, this means achieving high reliability and profitability with industry security standards, ensured by 24/7 monitoring, high performance hardware, multi-layer security, DDoS mitigation and more.
Our team is a small group of seasoned professionals with extensive expertise in system administration, network security, web development and marketing. VNPIPS Team Stake aims to establish itself as the trusted partner for those looking to participate in the decentralized Cardano ecosystem and contribute to its further development.