When will I start receiving my ADA rewards?

Admin -

When will I start receiving my ADA rewards?

Many of our community members have been asking around when they could start receiving rewards from delegated stake. And the short answer might be as follows: you will begin receiving staking rewards three entire epochs after the epoch during which you delegated your ADA. But let’s take a closer look at the delegation cycle.

Delegation Cycle Explanation

Below you can find a graph showing the delegation cycle on the Cardano network.

First we need to determine a starting point. For example, P2P stake pool was registered on 11 August 2020. Thus, if you had delegated during the 210 epoch your stake would have been counted in the snapshot on the 210-211 epochs boundary.

Once the snapshot is taken, we have to wait for the current epoch to be finished so that the stake becomes active. In our case we are going to wait for the 212 epoch.

During the 212 epoch the snapshotted stake becomes active and participates in the block minting process according to the Ouroboros consensus engine logic.

In the following 213 epoch, the rewards will be calculated properly according to the stake size of each delegator.

Finally, you will be rewarded for your patience on the first day of the next epoch. In the P2P case it will be 214 epoch on August 28.

Takeaways

  1. Cardano is a long term investment so you have to make a decision about delegation/redelegation with caution.
  2. You can terminate the delegation process at any moment by sending your funds from the staking wallet to a new wallet that wasn’t used for delegation. In this case you will not be rewarded for this epoch.
  3. Once you make a change, for instance you added new funds to the staking wallet, the added stake will go through the delegation cycle from the very beginning.
  4. Making change is a simple and safe process as any other normal transaction on the blockchain.

About P2P.org

P2P Validator is a world-leading non-custodial staking provider with the best industry practices and proven expertise. We provide comprehensive due-diligence of digital assets and offer only top-notch staking opportunities securing more than 3 billion of USD value. At the time of the latest update, P2P Validator is trusted by over 10,000 delegators across 25+ networks. We are a major player in all networks we support because of our experience, commitments and our reputation. We pay special attention to the process of governance.

Our aim is to provide a secure and reliable service at the lowest cost maximizing rewards for our delegators.

Do not hesitate to ask questions in our Telegram chat or contact Slava via sy@p2p.org. We are always open for communication.

Web: https://p2p.org

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