Cardano is both a cryptocurrency and a decentralized computing platform. Cardano use a unique consensus algorithm named Ouroboros that validates transactions with no need of high energy.
A staking pool allows multiple stakeholders to combine their resources as a way to increase their chances of being rewarded. The delegators unite their staking power in the process of verifying and validating new blocks, so they have a higher probability of earning the block rewards.
Delegation is when ADA holders delegate the stake associated with their ADA to a stake pool. This is the preferred method for most of the ADA holders that do not have IT skills or desire to run a node to participate in the network and be rewarded according stake delegation policies.
You can stake your ADA and still be able to spend. The spent ADA will be transferred immediately and the rest of your ADA will continue to be staken and generating rewards. The staking gives you the ability to both stake and spend without locking up your ADA.
Your ADA should NEVER leave your wallet when you delegate to a pool. You ADA must be always kept by you. Your ADA is always protected as it never leaves your wallet to stake.
Cardano algorithm reward for the delegators an average of 5%. Pool operators are in turn given a small commission to cover the costs of operating. With uptime 99.99% we work to never miss a block and achieve maximum awards for our delegators.
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