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Guide: How to Set Up a Cardano Stake Pool
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Guide: How to stake ADA
​
🎊
Delegating ADA to a Stake Pool
To delegate your ADA cryptocurrency to a stake pool:
1.
Install an official wallet for
Cardano
such as
Daedalus
or
Yoroi
​
Yoroi is quicker to set up than Daedalus. The following steps explain how to delegate using Yoroi.
1.
Install Yoroi from your app store
2.
Click on the
Delegation (Simple)
tab.
3.
Find a pool where you want to delegate your stake.
For example, you can browse stake pools on
PoolTool
or
ADApools.org
Web sites. The YouTube video
How to Choose a Good Cardano Stake Pool
by Kaizen Crypto may also offer you some helpful tips.
1.
Click
Delegate
2.
Type your spending password.
3.
Click the
DELEGATE
button.
4.
​
🎉
Congratulations! Rewards will start showing up in two epochs (each epoch is five days in duration). Check your rewards using the
Dashboard
tab.
​
🔎
Monitoring your rewards
To learn more about your pool and their performance, use these amazing community created tools.
​
Cardano PoolTool
- The most comprehensive staking statistics for Cardano on the web
​
ADApools.org
- Independent cardano staking pool toplist
​
AdaStat
- Statistics for pool operators and ada holders
​
🤖
Telegram Bots for real-time alerts
​
AdaPoolsOrgBot
on Telegram
​
PoolToolBot
​
on Telegram
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Guide: How to buy ADA
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Guide: Install Daedalus mainnet wallet
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Contents
Delegating ADA to a Stake Pool
Monitoring your rewards
Telegram Bots for real-time alerts