Cardano (ADA) Staking & Passive Income — 2022 Guide
Keen to grow your ADA portfolio?
You’re in good company. More than 70% of the circulating supply ($35 billion worth) have been roasting in staking pools for over a year.
The reason is straight-forward. Cardano is regarded as the ultimate scientifically-grounded blockchain — the polar opposite of Ethereum. Investors have poured into ADA, but until recently there wasn’t much to do with the cryptocurrency except to stake it and earn a regular interest.
Still, who doesn’t love passive income?
With the arrival of Cardano’s long-awaited DeFi scene, there’s even more reason to accumulate more ADA while prices are low.
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In this article, I’m going to compare the different ways to earn a yield on your hard-earned ADA.
This includes delegating your stake from popular Web3 wallets like Yoroi into a staking pool. You own your private keys and control your crypto.
