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Earn money by staking your ADA coins on the network
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Cardano - Three Billion People
Cardano is a decentralised public blockchain and 3rd generation cryptocurrency project and is fully open source. Cardano is developing a smart contract platform which seeks to deliver more advanced features than any protocol previously developed. It is the first blockchain platform to evolve out of a scientific philosophy and a research-first driven approach. The development team consists of a large global collective of expert engineers and researchers. Cardano's native token is ADA.
Smart contracts help you exchange money, property, shares, or anything of value in a transparent, conflict-free way while avoiding the services of a middleman.
Staking is the process of actively participating in transaction validation (similar to mining) on a proof-of-stake (PoS) blockchain. On these blockchains, anyone with a minimum-required balance of a specific cryptocurrency can validate transactions and earn Staking rewards.
First install Cardano Dedalus Wallet from official website. Then create a new wallet, and send ADA to it. You can buy ADA on exchanges like Binance. After your ADA are shown in your Dedalus Wallet, chose our Staking Pool in the staking pool tab and delegate your funds to it. Soon you will earn rewards, which are automatically being sent to your wallet. Thanks for supporting us!
The staking rewards depend on the network parameters and vary between 10 and 15 percent per year.
As long as you don't share your Cardano Wallet recovery key and your Cardano Wallet password with anyone, only you have the ability to access your funds, which are safely stored on the Cardano blockchain. Even if you lose your Password to your Cardano Dedalus Wallet, you can easily restore your funds using your recovery key by creating a new wallet. That means, your recovery key is to be considered as your master key, which you should never lose and be safely stored on different places!