Earn Cardano Staking Rewards & Securely Hold ADA

Cardano is a proof-of-stake blockchain platform: the first to be founded on peer-reviewed research and developed through evidence-based methods. It combines pioneering technologies to provide unparalleled security and sustainability to decentralized applications, systems, and societies. Cardano is one of the fastest-growing projects in the cryptocurrency space. The team behind its open source blockchain conducts extensive research and regularly publishes its results in peer-reviewed academic papers. Their research is focused on building a scalable, secure and efficient decentralized network by taking a systematic approach to blockchain research and development.

The Cardano blockchain splits time into divisible epochs (around five days), which are further divided into slots. To achieve consensus, the network randomly nominates a few nodes to validate new blocks for every slot. These selected nodes are known as slot leaders. Slot leaders can mine their specific epoch or slot, and the higher their stake, the better their chances of being selected. If the slot leader fails to oversee the creation and confirmation of blocks, the next slot leader is elected for that epoch or its subpartition. ADA is the native token of the Cardano blockchain and can be used to conduct peer-to-peer transfers across the globe. Token rewards are usually earned in two ways: either through delegating a stake to a stake pool operated by other validators (usually for small stakes) or through running a stake pool. On Cardano, staking works on a cyclical basis, which can make staking ADA highly profitable. Users are incentivized every epoch (every five days) and the platform offers a 4.5% annual interest rate on all stakes.