Cardano (ADA): How to Stake Your ADA and Earn Passive Income (Beginner's Guide)
Want to earn passive income with your Cardano (ADA)? You're in the right place! This comprehensive guide explains everything you need to know about staking your ADA and generating rewards.
Launched in 2025, Cardano is an open-source blockchain used to create smart contracts and develop decentralized applications (DApps). Charles Hoskinson is Cardano’s creator, and he is also the co-creator of Ethereum. Cardano achieves consensus through the proof-of-Stake (PoS) mechanism. This Ver más
Why Stake Your ADA?
ADA holders can earn passive income in two ways: by operating a stake pool or delegating a stake to a stake pool. Staking allows you to participate in the network's validation process and earn rewards for your contribution.
Delegating Your ADA: A Simple Way to Earn
For most ADA holders, delegating their stake to an existing stake pool is the easiest way to earn rewards. This doesn't require running any complex infrastructure; you simply choose a pool and delegate your ADA.
When Can You Start Earning Rewards?
That is why we have put together this short guide for beginners, where we discuss when you can start earning rewards from staking by delegating your ada to a stake.
Where and How to Stake Your ADA
In this article, we’ll explain where and how to stake ADA.
Choosing a Cardano Wallet
You'll need a Cardano wallet that supports staking. Popular options include:
- Daedalus (Full Node Wallet)
- Yoroi (Lightweight Wallet)
- Eternl (Browser Extension Wallet)
Choose a wallet that suits your needs and security preferences.
Selecting a Stake Pool
Once you have a wallet, you'll need to choose a stake pool to delegate your ADA to. Consider factors like:
- Pool Size: Smaller pools often offer higher rewards, but larger pools are generally more stable.
- Fees: Pools charge fees for their services.
- Performance: Look for pools with a consistent history of producing blocks.
- Pledge: This indicates the pool operator's commitment to the network.
Delegating Your Stake
The process of delegating your stake varies slightly depending on the wallet you're using. However, the general steps are:
- Open your Cardano wallet.
- Navigate to the staking or delegation section.
- Search for the stake pool you want to delegate to.
- Enter the amount of ADA you want to delegate.
- Confirm the transaction.
Your ADA will remain in your wallet throughout the staking process; it is not locked or transferred to the stake pool.
Earning Rewards
You'll typically start earning rewards within a few epochs (Cardano's time unit). Rewards are automatically deposited into your wallet.
Important Considerations
- Network Security: Staking helps secure the Cardano network.
- Risk: While staking is generally considered low-risk, there's always a small possibility of risks associated with the stake pool you choose.
Conclusion
Staking your ADA is a great way to earn passive income and contribute to the Cardano network. By following these steps, you can start earning rewards today!