Welcome to new ADA holders ๐Ÿฅ‚ Don't forget to stake!

Today's volume is crazy, which suggests there might be lots of new ADA holders.Staking ADA is extremely easy:you can stake any amountyour coins aren't lockedyou get staking rewards every epoch (i.e. every 5 days; APY returns: 5.5%)your rewards get staked automaticallyYou can stake on the wallets Yoroi (perfect for mobile), or Daedalus. I personally use Yoroi and I'm loving how easy to use it is.Development-wise, there's loads of things going on - from interoperability projects with other crypto (IOTA, LTC etc.) to the achievement of complete decentralisation, which it's supposed to be reached by March (68% of all ADA is currently being staked).Personally, what I'm most looking forward to is the Goguen testnet in March, which will bring smart contracts on Cardano.Finally, the people over at r/cardano and on Cardano's discord are super helpful if you need any help.Happy staking and happy hodling!

Submitted January 07, 2021 at 01:39AM

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