What is Cardano?
Cardano is a third generation blockchain based on fundamental research with a goal to provide a highly scalable smart-contract platform for financial and social decentralized applications.
What is the Cardano staking APR?
Please visit consolidated P2P.org Rewards and Fees page to check latest APR and Fees of ADA. Your real APR might differ due to the strategy you choose to follow.
How often are Cardano staking rewards distributed?
Cardano staking rewards are distributed approximately every 5 days.
Is there a Cardano unstaking period?
There is no unstaking period in the Cardano network and your tokens will be transferable immediately upon unstaking.
Is there a slashing risk for Cardano validators?
There is no slashing risk for delegators.
Is there a minimum staking amount for Cardano?
There is no minimum staking amount for ADA staking with P2P Validator.
Do Cardano staking rewards compound?
Yes, Cardano staking rewards are compounded automatically.
What is the Cardano inflation rate?
The Cardano inflation rate is approximately 7% per year.
Which is the best wallet for staking Cardano with you? How to compare and calculate nodes for best results?
To stake ADA, you have a variety of wallets compatible with the Cardano network at your disposal. The Yoroi wallet is one the most popular. Upon staking your assets, you're free to select your preferred pool. In regards to finding the right staking operator, you can take advantage of existing explorers, like https://adapools.org/. We also provide a helpful article detailing the considerations to keep in mind when selecting a Cardano pool for staking - https://p2p.org/economy/what-to-look-for-when-choosing-a-cardano-pool/
How to compare the Cardano APR with P2P.org and other validators?
Regarding ADA, you can find the APR statistics of our pools on this webpage - https://cexplorer.io/groups/p2p. Be sure to note the Lifetime APR figure (found under the Rewards column) as it reveals the overall performance of the pool, taking into account not just the last 10 epochs, but its entire operation period. The high parameter of this value in P2P pools testifies to the consistent stability of our pools in the network.
Why am I getting a low reward every epoch?
In Cardano, ROA can vary significantly from epoch to epoch. However, you can check the average value here (https://cexplorer.io/pool/pool1c2wf97p3j9gfvfjshj99ufxerpy3aznm8tzr2fd0ua465s26th4) in the Lifetime ROA section. It shows the average value for the entire pool operation history. Consequently, the client may receive a higher reward in some epochs, while in others, it may be lower. Therefore, it's important to assess the pool's performance over a long period. Also, with a return rate of 4.5%, the client should indeed receive a reward of approximately 2.6 ADA each epoch.
Reward = 49,292 ADA * (4.5% / 100) * (5 days / 365 days)
Reward = 49,292 * 0.045 * (5 / 365)
Reward ≈ 2.69 ADA
I have sent my Cardano to the P2P.org staking pool address. How can I withdraw my assets?
If you have access to the wallet, you can withdraw the funds at any time. Furthermore, Cardano does not have an undelegation period, so it happens instantly. Here is a brief instruction - https://p2p.org/faq/en/articles/5253938-cardano-ada-undelegation-period.
I sent Cardano from my Binance account to the staking pool directly, so there is no wallet in between. Where should I undelegate my tokens?
Regarding delegation in Cardano, there's no need for clients to transfer their assets. They simply have to locate a suitable pool within their wallet and delegate to it. However, in this case, it seems you actually moved you assets to a different address. That means you need to have access to the specified wallet. Generally speaking, in Cardano, validators don't possess any means to control or manage the assets of a client.
Does Cardano have its own key for every transaction? How can I track the senders’ addresses for the transactions?
In Cardano, each transaction is indeed associated with a unique address, but not necessarily a unique key. The keys used for accessing the wallet and conducting transactions remain constant, while the addresses can vary for each operation. If you have created a wallet in the specific wallet and used its keys to send ADA, these transactions should be reflected in your wallet's history. As for tracking the sender's address, in the Cardano blockchain, each transaction is recorded and can be viewed through a blockchain explorer, such as Cardano Explorer. You can use the transaction ID or addresses associated with the transaction to trace its history and original addresses.
For more information on staking Cardano (ADA) with P2P.org and our special offer for large ADA delegations, visit https://p2p.org/networks/cardano.
For additional staking support, visit the P2P Cardano support center.
You can also get in contact with a live agent by selecting the speech bubble at the bottom right of this page, sending a message to the Telegram bot, or emailing [email protected].