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Author Topic: I know it's a BTC forum, but I have a ADA question..  (Read 107 times)
Dr.Ona (OP)
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August 16, 2021, 12:03:29 AM
 #1

Hello Gang,
Sorry to ask this question here, but I'm hoping someone can answer a Cardano staking question.

I'm new to the language of crypto so please be patient with the lingo.
I have a decent amount of Cardano being staked right now.
I started this staking 29 days ago..
From what I read, this first 20 days or so, you don't get anything because it takes awhile for stuff to start happening.
But I thought that once the rewards started, that you would receive them every week.
So far, I've only received one weekly reward in 29 days.
I'm going through the Yoroi wallet.
The staking pool is only 84% full.

Is there something I'm missing here?
Can someone please point me in the right direction for figuring the ADA staking concept?
It's like trying to learn a new language from the internet.. confusing at times.

Thanks for any help!

noorman0
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August 16, 2021, 01:47:38 AM
 #2

This forum also has altcoin discussion board, please move your topic.


Isn't it obvious that there will be no staking rewards for the first 20 days? I think the reward you got is for 7 days after. You still need 5 more days to get the next reward. (At least this is your reference, if there is no distribution of gifts I advise you to stop it).
Reading other users' complaints, this wallet seems to have had a lot of issues lately, especially network syncing https://twitter.com/YoroiWallet/status/1422905221793996809.

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Dr.Ona (OP)
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August 16, 2021, 01:13:39 PM
 #3

Thank you for this info..  I'll look into more of this..
MusaMohamed
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August 16, 2021, 02:28:05 PM
 #4

Sorry to ask this question here, but I'm hoping someone can answer a Cardano staking question.
The forum has Altcoin boards and you are allowed to ask this question in Altcoin discussion board.

Quote
Can someone please point me in the right direction for figuring the ADA staking concept?
I think it would be best for you if you ask this question in Cardano forum. It has Staking and delegation category and I think it is the best place for you to ask, get support faster from Cardano team and community.
Gayong88
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August 16, 2021, 06:07:19 PM
 #5

As a result, your crypto is locked in order to sustain the crypto network. Cardano is suggested for long-term keeping, and if staking is locked in, as it is at Binance, the annual interest rate is 7%, thus making it a cryptocurrency deposit.

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Helmi saddam
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August 16, 2021, 06:27:36 PM
 #6

Yeah i think that Cardano will Rise more After thé hard fork.
It was close to its all Time High that was 2.40$ and now juste à bit behind with 2.14$ so its performing better then the other coins.
Dr.Ona (OP)
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August 16, 2021, 09:18:49 PM
 #7

Thanks Gang.. more research on my end is in order.
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September 01, 2021, 10:37:39 AM
 #8

You should receive ADA rewards every 5 days from here on out. Also, once you sell your ADA you will continue to receive rewards for a few more epochs. This is all baked into the protocol. If you have anymore questions, feel free to inbox me here, or at the Cardano Forum (username xPPx).


I have created a Cardano pool last month. If any of you would like to delegate to a small pool operator, my Cardano Stake Pool has 126k delegated. I pledged 100k.

Pool: Prophet

Ticker: XPPX

Here’s a helpful guide, LiveView, and some stats:

https://youtu.be/zgbauu4ifWA

https://pool.vet/#Xppx

https://adapools.org/pool/5693aa7edfe81d12c9062bbe7b7c0b314b9665c6b3cd426152108347

If anyone would like some NFTs created by the Cardano SPO community, inbox me your address here, or on Twitter. All that I request is that you have delegated to me for a month. Below are a couple that I will be sending out. Also, these will all come with 2ADA. I dunno why. It’s just how it works since these were minted before Cardano smart contracts went live. Thanks in advance!

https://pool.pm/stake1uyy93axth2t74fjp2jucg9axxr9un9kzty986t8dsnwlhyg77l4rv

https://www.twitter.com/xPR0PH3Tx

[XPPX] 💚 Stake Increased

+105 ADA

🤵 Delegators: 20
🌲 Live Stake: 126.80k
🏋️‍♂️ Saturation: 0%

💁‍♀️ More info: ADApools.org/XPPX

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