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What is the current amount of Cardano required to stake?

avatarSubudayJan 05, 2022 · 3 years ago1 answers

Can you please provide me with the current amount of Cardano required to stake? I am interested in staking my Cardano and would like to know the specific amount needed.

What is the current amount of Cardano required to stake?

1 answers

  • avatarJan 05, 2022 · 3 years ago
    As of now, the current amount of Cardano required to stake is 10 ADA. This requirement ensures that participants have a minimum stake in the network, which helps maintain the security and integrity of the Cardano blockchain. By staking your ADA, you can earn rewards while actively participating in the consensus process. To stake your Cardano, you'll need a compatible wallet that supports staking. There are several options available, including official Cardano wallets and third-party wallets. Make sure to choose a wallet that suits your needs and follow the instructions provided by the wallet provider to stake your ADA successfully.