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Cardano - How To Stake $ADA Tokens with Luganodes
Cardano Staking Guide
Published on5 Oct, 2022
Cardano is a peer-reviewed third-generation Proof of Stake blockchain that was launched back in September 2017.
ADA is the native token of Cardano and can be used as a store of value, for paying transaction fees on the Cardano network, and for staking.
In this guide, we’ll show you how to delegate your ADA tokens with Luganodes and start earning ~3.5%, in a few simple steps.
Validator Name: Pool [LGNS1] Luganodes #1
Wallet Address/ Pool ID: pool1qvudfuw9ar47up5fugs53s2g84q3c4v86z4es6uwsfzzs89rwha
*Note: With Cardano, you can only delegate your full wallet amount.
Step 1 — Access Your ADA Compatible Wallet Click the
Delegation List tab
Step 2 — Click the Delegation List tab
Step 3 — Choose a Luganodes ADA Stake Pool
Step 4 — You will see a Processing popup and then the CONFIRM TRANSACTION window
Step 5 — Confirm Your ADA Delegation
Step 6 — Check Your Cardano Dashboard
Step 1— Check Your Cardano Dashboard
Step 2— Click on I Understand and Deregister
Step 3— Confirm the transaction
Step 4— Check your transactions and unstaked amount
Luganodes is a world-class, Swiss-operated, non-custodial blockchain infrastructure provider that has rapidly gained recognition in the industry for offering institutional-grade services. It was born out of the Lugano Plan B Program, an initiative driven by Tether and the City of Lugano. Luganodes maintains an exceptional 99.9% uptime with round-the-clock monitoring by SRE experts. With support for 36+ PoS networks, it ranks among the top validators on Polygon, Polkadot, Sui, and Tron. Luganodes prioritizes security and compliance, holding the distinction of being one of the first staking providers to adhere to all SOC 2 Type II, GDPR, and ISO 27001 standards as well as offering Chainproof insurance to institutional clients.
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