My Big Cardano Announcement!

cryptocurrency 1 month ago

Stake Cardano With Ticker Symbol: MAX1 💻Discord Link: 🔗Join the Patreon: 💵Get up to $250 in Bitcoin from Blockfi: ✨ Crypto exchange I use: 📚 Learn how I earn $50,000+ per month on YouTube: 💵LIMITED: Get 2 FREE Stocks: 🚚My in-depth moving company course: 📷ALL of my camera and recording equipment: For the last several weeks I have been working on a special project and it’s finally here! I have built my very own Cardano ADA stakepool. Ticker symbol MAX1. Staking with me will earn you 5% returns on your ADA on top of regular price appreciation. Plus staking with me will benefit charity at no cost to you because I will donate 5% of all revenue I personally generate running the pool to the Organization for Autism Research, a high-efficiency non-profit. Here’s how it works.. All you need is a Cardano wallet (either Daedalus or Yoroi), fund your wallet with ADA, and delegate to ticker symbol MAX1, then boom you will be staking with me earning passive income and benefiting charity. What is staking? Staking is a way of earning rewards for holding certain cryptocurrencies. Specifically proof of stake cryptos like ADA not proof of work cryptos like Bitcoin. With proof of stake you’re literally putting your currency to work. Cryptocurrencies are decentralized which means there is no central authority BUT you still need a system to ensure there is no fraud, mistakes, or funny business. With a Proof of Stake system like Cardano transactions are verified and funny business is prevented by people who are invested in the blockchain by holding the crypto and staking it. Put simply, what happens with ADA is a kind of lottery where you are randomly chosen to complete a block of transactions proportional to how much crypto you have staked. This means someone staking 100 ADA will receive 10x more staking rewards than someone staking 10 ADA. It’s all proportional. The easiest way to stake is by delegating your ADA to a stakepool, this is what I have created. Ticker symbol MAX1. As a stakepool operator, I get paid a small percentage of profits to cover my expenses for running computer servers. How much can you earn staking ADA? Staking ADA yields around 5% annually on top of regular price appreciation. So if ADA goes to $5 you will benefit from that plus you will still get 5% staking rewards. If you plan to hold your ADA long-term there really is no reason not to stake it. What is the risk of staking Cardano ADA? With ADA there really aren’t risks to staking because the crypto never leaves your wallet. You’re not actually trusting it elsewhere so there isn’t a risk of losing it. Will I lose staking rewards if I am staking ADA elsewhere? Nope! You won’t lose anything if you switch over. However, when you switch pools or begin staking somewhere it takes 20-25 days for your first rewards to come. After that, you will receive ADA directly in your wallet every 5 days. 0:00 Intro 1:10 What is staking 2:16 How much can you earn? 4:31 How to stake your ADA step by step 7:49 Thank you My site: Stake Cardano with Daedalus: Daedalus wallet: Yoroi wallet: OAR charity: ✉️Join my newsletter: My Instagram: Schedule one-on-one business consulting with me here: *I am not a financial advisor. This is not financial advice*
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