Why Stake With Cardano?

Being a proof-of-stake (PoS) blockchain, Cardano uses your ADA delegation to support the network's decentralization and, in return for your participation, rewards you. So why is this better than mining? Well, there’s no costly mining rig required, which means more value can go to you rather than to the miner. Plus, it’s way more environmentally friendly. Here’s why staking with Cardano is a good idea. - Staking on Cardano is safe. Your ADA is never moved from your wallet or locked up when you stake. - High-yield rewards. Your rewards earned are similar to earning interest in a savings account, and the returns are usually above what traditional investments yield. Plus, you’re not locked in and can move your ADA anytime. - Cardano has a good, fast development team. Cardano has proven their development abilities by writing more code than any other blockchain project over the last few years. While they have a large engineering team, the project scope is so large that it appears to take longer than other projects. The development team invests heavily in creating the most resilient blockchains. - Sound philosophy, leadership, and technology. Cardano leadership believes that technology can improve our quality of life. Founded by the man who helped create Ethereum, Charles Hoskinson, Cardano’s approach is one of high-level security and sustainability through innovative technologies. It could be for these reasons that it has earned the moniker of “Ethereum killer.” More importantly, staking ADA tokens makes you an active part of what shapes the community. Crypto networks are made more secure with minimal setup and energy consumption, thanks to your contribution.