1 percent pool supporting decentralisation and community. Secure, reliable, low latency with powerful hardware.
I have always believed in the power of the blockchain to change the world. This promise is no better encapsulated than with Cardano, a decentralised, trustless platform built on years of rigorous scientific research. From the finance industry to supply chains, from digital ID to voting - Cardano has the means and the potential to change how we do things and bring about a new era of cheaper, safer and fairer access to the services we all need - globally.
Based in Germany, Super Nova is built with a focus on uptime, security and latency, using public cloud providers. Relying on decades of experience running mission critical systems, the pool is built to withstand unexpected failures and designed to have the smallest attack surface possible.
If you have any questions or need further information, please feel free to contact me on Twitter at @Jay_N_T or join the Discovery Telegram Group.
1- What is Cardano staking and how can I benefit from it?
Staking Cardano is a great way to earn passive ADA income. You can view it as earning interest on your crypto holdings. With some assets, staking means you agree to lock up your tokens for a certain period of time, during which they are unspendable. However, this is not the case with Cardano. Much like Tezos, you can spend your Cardano whenever you choose.
By staking your ADA, you actively support the Cardano network by allocating resources to it and contribute to the stability of the network. In return for your support, you earn ADA tokens as a reward.
2- Can I choose the amount I want to stake and is my balance spendable while it’s staked?
When you stake your ADA, you are actually staking your Cardano wallet. You can still perform normal transactions whilst your ADA is staked. When it is time to receive your rewards, a snapshot will be taken and your current balance at that time will be used to calculate your reward.
3- What is the minimum amount I need to start staking?
There is no minimum amount.
4- Is there charge fee to stake my ADA?
There are only two fees involved with staking your Cardano. One fee is a transaction fee cost. The other fee you will pay is a deposit. The deposit fee is 2 ADA and is required to register your address to start staking. If you choose to unstake your Cardano you will get the 2 ADA deposit back.
5- When will I start earning rewards?
When you decide to start staking your Cardano, you will initially need to wait about 20 days before receiving your first rewards. This will only happen the first time you decide to start staking your Cardano.
After this 20 day period you will start to earn rewards every 5 days. 5 days is equal to one Epoch cycle on the Cardano network.
6- Is staking Cardano safe?
Staking your ADA tokens is done in a non-custodial way in Cardano network. That means that it is as safe as simply holding them in your wallet. You keep full control over your tokens while they are staked and you’re even free to use your funds and move them around while they are staked.
So instead of letting them sit idly in your wallet, you might as well put them to good use and let them earn rewards for you!