Guide: How to stake ADA

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Delegating ADA to a Stake Pool

To delegate your ADA cryptocurrency to a stake pool:
  1. 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. 1.
    Install Yoroi from your app store
  2. 2.
    Click on the Delegation (Simple) tab.
  3. 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. 1.
    Click Delegate
  2. 2.
    Type your spending password.
  3. 3.
    Click the DELEGATE button.
  4. 4.
    🎉
    Congratulations! Rewards will start showing up in two epochs (each epoch is five days in duration). Check your rewards using the Dashboard tab.

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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

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