How Does Staking ADA Work, and What Are the Benefits?

How Does Staking ADA Work, and What Are the Benefits?

Blog Article

Staking ADA allows holders to participate in securing the Cardano network while earning rewards. Unlike traditional mining, which requires expensive hardware, staking is energy-efficient and accessible to all ADA holders. Users can delegate their ADA to a stake pool or run their own, earning passive income through rewards distributed by the network. The process is secure, as ADA never leaves the user’s wallet. With more investors staking, supply on exchanges reduces, which can positively impact the ADA price over time.