Cardano Staking by Monozeros
What is Cardano Staking?
In Cardano’s PoS system, staking determines a node’s capability to open blocks on the blockchain. A node’s stake is equal to the amount of Ada it holds over the long term. A stake is an interest held by a pool participant, secured with Ada that is pledged. Pledged Ada cannot be used or spent by the holder because it is held as collateral for honest validation behavior. Users with pledged Ada are given rewards in the form of transaction fees. The rewards are distributed according to the amount of Ada a user has staked.
Users join staking pools—groups of Ada holders that have pledged their coins—and work together to update the ledger, open new blocks, and earn rewards.
Key Features
Why stake with Monozeros?
- We are a registered tech company from Switzerland
- Professional infrastructure, no risk of down-time or shut-down
- We provide an anonymous and secure service – while we as the operator are transparent
- We help and guide you in case you need assistance
- Trust in pool you know who is behind and together we grow
- We give you 97.5% of the pool reward, proportional to your share while we only keep 2.5% for all our expenses
What are the requirements? How can I start?
- You need to own the currency ADA (Cardano) and have it on one of the two available wallets
- https://daedaluswallet.io
- https://yoroi-wallet.com
- Delegate your ADA in the Delegation Center / List to SCS / Swiss Cardano Staking
- Public staking on exchanges is not possible as they want you to stake in their own, not profitable, pool
What are the fees?
- While you receive 100% staking rewards, we only keep 2.5% for our expenses
- The running costs for the infrastructure are 345₳ (only charged if the pool is paying rewards to all delegators)
Can I trade while staking?
Yes, you have always full control over your ADA, but if you remove them during an Epoch you stop the staking and will not earn / receive rewards
How long until I get my first reward?
- Delegate your ADA and they start staking at the beginning of the next Epoch (Epoch Countdown)
- After every Epoch, the reward are calculated and assigned
- The rewards are transferred to your wallet after 1 Epoch (Cardano Protocol)