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Guide to Staking Cardano (ADA)




What is Cardano and how does it work?


Cardano, is a blockchain platform that focuses on providing a secure, scalable, and sustainable environment for decentralized applications (dApps) and smart contracts. Founded by Charles Hoskinson in 2015, Cardano officially launched its mainnet in 2017. It distinguishes itself from other blockchains by prioritizing a research-driven and peer-reviewed development approach.


Cardano operates on a unique Proof of Stake (PoS) consensus protocol called Ouroboros. In PoS, network participants stake their ADA tokens to participate in the validation process, which is more energy-efficient than traditional Proof of Work (PoW) systems like Bitcoin. The Ouroboros protocol divides time into "epochs" and "slots," and elects leaders to validate and create new blocks. This method enhances Cardano's scalability and reduces its environmental impact.

Cardano’s structure includes two layers:
The Settlement Layer (CSL) — This handles ADA transactions, ensuring secure and fast transfers.
The Computation Layer (CCL) — This is where smart contracts and dApps operate, offering flexibility and scalability for diverse applications.
Cardano follows a phased development plan, with eras focusing on decentralization, scalability, and governance. With its smart contract capabilities and continuous upgrades, Cardano supports various applications, especially in areas like finance, digital identity, and supply chain management


How to Stake Cardano with KEYNODE



1. Introduction


Staking Cardano is a great way to secure rewards while supporting the Cardano network. With KEYNODE, you have a reliable and experienced platform to make the staking process simple and secure. As one of the most trusted names in the crypto staking industry, KEYNODE offers users a seamless way to stake Cardano, backed by over a decade of expertise and a global user base of over 10 million people. Let’s explore how KEYNODE can help you get started with staking Cardano today.


2. KEYNODE’s Cardano Staking Product Features


a. Minimum Staking Amount
To begin staking Cardano on KEYNODE, the minimum required amount is $3,000. This ensures that users can start earning significant rewards while supporting the network.

b. Staking Duration and Verification
Each staking period lasts for seven days. After seven days, the system automatically releases the staked funds, providing flexibility and ease of access to your assets. This longer duration allows you to plan and manage your staking effectively.

c. Frequency of Rewards
Staking rewards are credited to your account daily. For example, if you stake $3,000, you’ll earn $42 per day, totaling $294 over the seven-day period. With rewards arriving daily, you can see your earnings accumulate consistently.

Additionally, if you refer someone who stakes Cardano through this service, you’ll receive a $45 referral bonus. It’s a great way to increase your earnings while helping others explore the benefits of staking on KEYNODE. Start staking and referring today to enjoy these daily profits in your account!


3. Step-by-Step Guide to Stake Cardano on KEYNODE


a. Create a KEYNODE Account
To start, sign up by entering your username, email, and password. Make sure to remember your username and password, as they are crucial for accessing your account.

b. Fund Your Account
After logging in, go to the dashboard and click on the "Staking List". From there, select the "Cardano" staking option.

c. Choose Payment Method
Next, select your preferred payment method. You can use USDT, BTC, ETH, LTC, or other supported currencies. Ensure the amount you input is at least $3,000, as this is the minimum required to stake Cardano.

d. Start Staking
Once your payment is successfully processed, the system will automatically start staking. Your Cardano staking process will begin running, and profits will be settled every 24 hours, allowing you to start earning rewards daily.

e. End Staking
Due to the volatility of cryptocurrency prices, this staking product has a cycle of 7 days. After the 7-day period, your $3,000 investment will be returned to your account. At this point, you can choose to reinvest by purchasing a new staking cycle or withdrawing all of your funds. This flexible option allows you to adapt to market conditions and manage your investments as needed.


4. Conclusion


Staking Cardano with KEYNODE provides a reliable and efficient way to grow your cryptocurrency holdings. With a straightforward setup, daily profit settlements, and a flexible 7-day cycle, KEYNODE offers you full control over your staking experience. Whether you reinvest or withdraw your funds after each cycle, KEYNODE empowers you to make informed decisions that align with your investment goals. Start staking today and take advantage of KEYNODE’s trusted platform to maximize your rewards with Cardano.