How to delegate?
Ada that is held on Cardano represents its holder’s stake in the protocol. The size of the stake is proportional to the amount of ada held. Users who hold a stake in Cardano can get passive rewards for validating blocks.
Since not everyone has the time, knowledge, or resources to run a stake pool, ada holders can delegate their stake to a preferred pool and let an operator maintain their stake on their behalf. This allows everyone to participate in the consensus and get rewards without having to continuously run the node online. The higher the stake in a pool, the more rewards will be assigned to its owners.
Note that you can spend your ada at any time, regardless of how you delegated it.
Ada holders can delegate their stake using different ecosystem wallets that support this functionality. Here are some useful articles to review:
- How to stake your ada
- How to choose a stake pool
- How safe is it to delegate to a stake pool?
- How to delegate to a stake pool using Daedalus
- Staking and delegating for beginners (Daedalus)
- How to delegate from the Yoroi wallet
If you'd like to include additional references to delegation tutorials, please submit a pull request.