Flair Staking is the best place to stake your Cardano tokens. Receive competitive rewards while facilitating opportunity, green energy, and education in developing Pacific Islands. Join today to become a member of the Flair Staking community!
Staking is the process by which all transactions on the Cardano blockchain are verified without the need for a middle man, such as, a bank or payment processor. This validation process is called Proof of Stake and is what makes Cardano one of the most secure and trusted cryptocurrencies in the world. When a Cardano holder chooses to stake their tokens, they must find what is called a staking pool.
“Stake pools are run by a reliable operator: an individual or business with the knowledge and resources to run the node on a consistent basis. Ada holders can delegate to public stake pools if they wish to participate in the protocol and receive rewards, but do not wish to operate a Cardano network node themselves.
The more stake that is delegated to a stake pool, the greater chance it has of being selected as a slot leader. Each time it is selected and produces a block that is accepted onto the blockchain, it is rewarded, and these rewards are shared between the stake pool operator and stake pool delegators.”
Disclaimer: This calculator only predicts an estimate of rewards. The actual amount of ADA earned may vary and will depend on several factors, including actual stake pool performance and changes to network parameters.