Please follow tutorial below which will show you step-by-step how
to participate to our staking pool. In few simple steps you should
obtain ADA, create your own digital wallet and stake with Vivid Pools.
Staking uses a proof-of-stake concept which provides security to the network. Thanks to delegated coins, the network ensures the validity of every new transaction which will be written to the blockchain.
Cardano is a cryptocurrency network and open source project that aims to run a public blockchain platform for smart contracts. Cardano's internal cryptocurrency is called ADA. The development of the project is overseen and supervised by the Cardano Foundation based in Zug, Switzerland. Cardano was created by co-founder of ethereum Charles Hoskinson
If you deposit your Fiat Money on your bank account you will receive 1-3 % profit which will be paid after at least a few months. In Cardano it is the opposite: you receive high profits as high as 5-8 % which is paid every 5 days!
It is completely safe, when you delegate your coins these are locked but they are still in your wallet and you can unlock them at any time. In the worst case scenario you may not get the reward for staking if your stake pool operator will not perform his job properly.
If you have just delegated your ADA then the interest rate will be paid after the current epoch and the next one. After that time the interest rate will be paid every 5 days. Also when you stop delegating, the reward will be paid for the next two epochs to compensate the first two epochs. There might be a circumstance when the reward is not paid per epoch. To get more information read about slot leaders.
The block reward in Cardano ecosystem come from:
On this page
Stake With Vivid