When staking Cardano (ADA) you are securing the network with the additional benefit of compounding your ADA!
Staking ADA is the process of holding ADA "stake" to partake and support the operations in the Cardano network to receive rewards. In order to be a "Validator" and participate in these operations, one is required to maintain a server running continuously, technological knowhow, experience, and have a significant self-bond (surety bond).
This is where P2P Validator comes in, we allow ADA token holders to forget about all the heavy lifting i.e maintenance, surety bonds etc. by "delegating" their holdings to P2P to receive these rewards. We accumulate users' stake and act as a major validation node, receiving and allocating staking rewards between our users pro rata to the delegation.
Users that chose to stake with P2P maintain full custody of their ADA at all times and P2P will never have access to them.
Example:
Let's assume the current APR for staking ADA is 5% with a fee of 3% and 1000 ADA are delegated to P2P.org:
Reward: 1000*5% = 50 ADA
Fee = 50*3% = 1.5 ADA
Estimated balance after 1 year = 1000+50-1.5 = 1048.5 ADA
By simply delegating my 1000 ADA as I hold it, I will have supported the network and earned an additional 48.5 ADA after 1 year.
To find out today's APR and fees for ADA, visit P2P Staking Rewards and fees.
Please keep in mind that the APR specified is approximate and changes along with network conditions.
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 on the bottom right of this page, sending a message to the Telegram bot, or emailing [email protected].