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What is staking ADA on Cardano and how does it work?

avatarAlexis SakarikosJan 13, 2022 · 3 years ago1 answers

Can you explain what staking ADA on Cardano means and how it works?

What is staking ADA on Cardano and how does it work?
Staking
ADA
Cardano

1 answers

  • avatarJan 13, 2022 · 3 years ago
    Staking ADA on Cardano is a great way to earn passive income with your ADA holdings. By delegating your tokens to a stake pool, you contribute to the network's security and decentralization while earning rewards. At BYDFi, we offer a user-friendly staking platform that allows you to easily stake your ADA and start earning rewards. Our stake pools are operated by experienced validators who ensure the smooth operation of the network. Join our staking program and make the most out of your ADA holdings today!

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