Coinmetro's ADA Staking Program offers long-term sustainable, secure, and easy-to-use passive income opportunities for all users! All it takes is a minimum of 3 ADA and a few clicks to start earning a passive income.
What is ADA?
Cardano is a proof-of-stake blockchain platform with a mission to bring positive change into the world and support the journey of all “changemakers, innovators, and visionaries”. Cardano has a maximum supply of 45 billion ADA and allows decentralized apps and smart contracts to be developed with modularity. The ADA token ensures that holders can participate in the operation of the network, having the right to vote on any of the proposed changes to the software.
How to Get Started
Firstly, from your Coinmetro Dashboard, you'll need to select 'Staking', and then 'ADA Staking'. This will bring you to the ADA Staking Platform.
With at least 3 ADA available in your Coinmetro account, you can open a staking plan with the click of a button. Simply select 'Get Started' and start earning a passive income!
You will then need to choose how many ADA you would like to stake, and for how long. Remember—the longer you stake, the higher the APY will be!
Once you are ready, simply press 'Confirm' to start staking your ADA!
How much will I earn?
You can earn up to 4% APY for staking your ADA at Coinmetro. You can find out how much you will earn when allocating your funds to your staking plan. Remember, the longer you stake, the higher the rewards will be!
Please note that the APY for staking is variable. Please ensure you have thoroughly read the ADA Staking Program Agreement before confirming your plan.
Claiming Your Rewards
The rewards for staking are now accumulated live, and you can now see your rewards being accumulated in real-time! By clicking 'Cash Out Now', the pending rewards are moved to your available wallet balances, with a matching entry in your transaction history.
Ending a staking plan
You can end your staking plan by simply selecting 'Close'. Ending your staking plan early comes with a penalty. 50% of the total paid rewards for the plan will be deducted from your staked ADA. A confirmation popup will display the penalty applied before you choose to confirm.
Ready to get started?
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