Cardano

Below are some of the common questions we receive when it comes to Cardano staking and wallets followed by a comprehensive guide to staking.

Frequently Asked Questions

What is Cardano?

Cardano is a third generation blockchain based on fundamental research with a goal to provide a highly scalable smart-contract platform for financial and social decentralized applications.

What is the Cardano staking APY?

The Cardano staking reward is approximately 5% to 7%.

How often are staking rewards distributed?

Cardano staking rewards are distributed approximately every 5 days.

What is saturation level?

Saturation level is defined by the K parameter. Currently it is k=500 which means when a pool goes over 64M ADA staked, then the pool is considered to be saturated.

In simple terms if the pool you are in is over saturation threshold you as delegators to that pool will get less rewards.

Where can I view Stake Pool Statistics ?

There are many website created by the Cardano community. You can track pool as well as network performance using any of the following tools:

1. PoolTool.io

2. Adapools.org

3. CardanoScan.io

Is there an unstaking period?

There is no unstaking period in the Cardano network and your tokens will be transferable immediately upon unstaking.

Is there a slashing risk for validators?

There is no slashing risk for delegators.

Is there a minimum staking amount for Cardano?

There is no minimum staking amount for ADA staking with Merkle Validator.

Do staking rewards compound?

Yes, Cardano staking rewards are compounded automatically.

What is the Cardano inflation rate?

The Cardano inflation rate is approximately 7% per year.

How do I stake my Cardano (ADA)?

There are multiple wallets available to stake your ADA including hardware wallets. Depending on where your funds reside you can use any of the following links to learn more about delegating/staking:

ADALite (recommended for hardware wallets)

Atomic Wallet

Daedulus Wallet

Yoroi Wallet