As Cardano (ADA) continues to grow there are many
people who do not know about the staking functionality.
With Cardano being a fully operational Proof of Stake (PoS)
there is a reward of around 5% returns for staking your coins.
To use this functionality it is recommended
to use paper wallets like Daedalus or Yoroi,
the UI's within these two applications
make for a really easy and hassle free experience.
Using Daedalus is really simple and an example will be shown below
on what it looks like when choosing a pool.
After downloading Daedalus or Yoroi, you will need to wait
about ~1 to 2 hours before you are completely synced with the blockchain.
This is done because your wallet will be a node while it is active and opened.
All you need to do once your wallet is synced with the blockchain is
click on a pool that you like and then click "Delegate to this pool" and
follow the three simple steps that follow.
There will be an initial "deposit" of 2 Cardano which
will be held until you stop delegating
but you will get this back when ever you decide to stop delegating.
Thank you for reading and I hope you start staking to get those sweet rewards!