If you have ADA, the cryptocurrency native to the Cardano blockchain, and want to delegate your ADA to a stake pool, here are the steps to follow:
First, you need to have a wallet that supports ADA. Some popular options include Daedalus, Yoroi, Nami, and Eternl. If you don't have a wallet yet, download and install one that suits your needs. You can simply click "Wallets" on the menu at the top of this website.
Open your wallet and navigate to the "delegation" or "staking" section. This is where you can view a list of available stake pools and choose which one to delegate your ADA to.
Before delegating your ADA, it's important to research the stake pool you're considering. Look at factors such as the pool's performance, fees, and philosophy to make an informed decision.
Once you've selected a stake pool, enter the pool's ticker symbol or identifier in the appropriate field.
Review the details of your delegation and confirm the transaction. This will typically require you to enter your wallet's password or use your hardware wallet's confirmation button.
After the transaction is confirmed, your ADA will be delegated to the selected stake pool. You can view the status of your delegation in your wallet's "delegation" or "staking" section.
As a delegator, you will earn rewards proportional to the amount of ADA you have delegated and the performance of the stake pool. You can claim your rewards at any time by navigating to the "rewards" section of your wallet and following the on-screen instructions.
By following these steps, you can delegate your ADA and earn rewards while supporting the Cardano network. Keep in mind that delegating your ADA is a long-term commitment, and it's important to carefully research and select a stake pool that aligns with your goals and values.
How to Delegate to ADI?
Then you can simply click the "Stake Now" button on the upper right of this website or go to the link below 👇
Connect your wallet, then press the "Delegate" button.
NB: It takes 15-20 days for your first rewards, after that every epoch (5 days)