Staking your ADA

Cardano is a proof of stake blockchain, unlike Bitcoin which is a proof of work blockchain. This means staking your ADA is a way to help run the Cardano network, and earn interest on your stake amount. It is extremely easy and safe. Your ADA doesn’t leave your wallet and there is no lock in time.

Watch Video What and How it work

The Mobile App

Yoroi is a lite hierarchical deterministic (HD) wallet for ada cryptocurrency, running as a Chrome or Firefox extension. It connects to a full Cardano node hosted by a third party (Emurgo).

Yoroi allows for instant initial setup, quick and easy operation with minimum usage of system resources. Runs on Windows, Mac, and Linux, as well as iOS and Android.

 

The Desktop App

Daedalus wallet is a desktop, full-node hierarchical deterministic (HD) wallet for ada cryptocurrency, bundled with full Cardano node. It stores the entire history of Cardano blockchain and validates all blocks and transactions for fully trustless and autonomous operation.

Daedalus wallet runs on Windows, Mac, and Linux operating systems. Daedalus wallet takes some time to download and the blockchain takes some time to sync (create a local copy of the blockchain). It occupies about 6 GB of space on your machine as of August 2019.

 

Countdown to end of epoch

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OUR POOLS

Radon
EPXRN
PLEDGE
LIVE STAKE
FIXED FEE
VARIABLE FEE
TOTAL BLOCKS

Powered by a Team TEAM

The Elemental Pools Team combines a passion for coding, tech, and of course Cardano! We are really excited to be launching our first pool and hope you’ll stake with us.

 

Mike
Loves craft beer
Harry
Loves squashies
Mike
Loves his harley
Shaun
Loves rocks

OUR PROMISE

ElementalPools was set up to ultimately help the Cardano network and improve its decentralisation. However, we want to go one step further and use this platform to benefit the planet.

Therefore, 40% of our profits will go directly to charity. Every epoch our delegators will have the chance to vote on a choice of four plant lead charities, which new charities being added and rotated every epoch. It is our aim to take you along on this journey, so check out our socials to follow our progress!

Staking with ElementalPools is more than just helping Cardano – you’re helping the planet too!

A Quick Introduction

The Cardano Eras

VOLTAIRE

Governance The Voltaire era of Cardano will provide the final pieces required for the Cardano...

BASHO

Scaling The Basho era of Cardano is an era of optimization, improving the scalability and...

GOGUEN

Smart Contracts With the integration of smart contracts, the Goguen era represents a big step...

Frequently asked questions

If you have any other questions, please get in touch using the contact form below.

Stake pools are run by stake pool operators (like us!). These are network participants with the skills to reliably ensure consistent uptime of a node, which is essential in ensuring the success of the Ouroboros protocol and the Cardano network as a whole.

An epoch in the Cardano network is considered a measurement in length of time. Each epoch contains 21,600 slots ( smaller measurement of time) average slot is 20 seconds and contains 1 block to be produced. So therefore each epoch is 5 days long. The Cardano network is currently working on Hydra which will allow epochs to be ran in parallel.

Yes. Delegated stake can be re-delegated to another pool at any time. Re-delegated stake will remain in the current pool until the epoch after next (from the point of re-delegation), after which your delegation preferences will be updated on the chain and your stake moved to the new stake pool. Rewards are distributed from the end of each epoch, so you’ll continue to receive rewards from your original stake pool for two epochs before your new delegation preferences are applied. Please bear in mind you cannot delegate to more than one pool at once

Saturation is a term used to indicate that a particular stake pool has more stake delegated to it than is ideal for the network, and once a pool reaches the point of saturation it will offer diminishing rewards. The saturation mechanism was designed to prevent centralization by encouraging delegators to delegate to different stake pools, and operators to set up alternative pools so that they can continue earning maximum rewards. Saturation, therefore, exists to preserve the interests of both ada holders delegating their stake and stake pool operators. The goal is to avoid any single pool becoming too large – thereby disincentivizing delegation to other pools – and receiving a disproportionate amount of the rewards. The health of the network is partly determined by having a high number of active stake pools with a balanced amount of stake delegated to them. The more numerous and geographically diverse the network’s pools, the better. Each stake pool’s saturation percentage is shown within the Daedalus stake pool selection menu

Shelley Daedalus features a list of all participating stake pools directly via the UI, while Yoroi shows the same information via their Seiza blockchain explorer. These pools are ranked and color-coded to help stakeholders make the best decision about where to delegate their stake.

Firstly, your ADA will never leave your wallet. You never need to send your ADA to any stake pool, and any that are asking you to do so are likely scams. Staking is a feature built within the Yoroi and Daedalus wallets that allow you to delegate funds to a pool and in return you are rewarded in ADA and feel warm inside knowing you are supporting the network!

Rewards are proportional to your stake however you can use the rewards calculator to estimate your earnings. In general it is around 4-5%

Running a stake pool incurs costs such as server maintenance and hosting, however we choose to follow the minimum established by the protocol (₳ 340). We also charge a 4% fee proportionate to your stake which is cheaper than binance and atomic wallet!

Nope. We only charge a fee when the stake pool is selected by the protocol to generate blocks in an epoch. If we do not produce blocks then there are no fees

No. The fee is charged only for the total amount of rewards received by the stake pool in an epoch. Delegators will never pay anything.

Whats great about Cardano is that there is no minimum amount required to stake, and unlike other proof of stake blockchains, your ADA is not tied into a lock in period and you can move your funds at any time with just a few clicks!

We are a group of friends that are extremely passionate and excited about what cryptocurrency means for the future, and see Cardano as a pillar of this movement.

We would rather not disclose our exact locations due to security reasons and to keep the stake pool safe. However we are a global team in America and Europe which ensures 24/7/365 maintenance on the pool.

Great question! You'll receive 24/7/365 uptime and server maintenance ensuring 99% uptime of the node meaning you, our delegators, are safe in the knowledge that your ADA is working hard to earn you interest. We are also the first ADA stake pool to dedicate 10% profits to planting trees which we hope will grow into another environmental schemes in the future.

Our ultimate goal is to create our own Cardano community and even have potential meet ups with our delegators. We are remaining grounded as we have just started - however we are very excited!

That will be the Yoroi wallet. Scroll to the top to see more or click the link https://yoroi-wallet.com/#/

That will be the Daedalus wallet. Scroll to the top to see more or click the link https://daedaluswallet.io/en/

OHK is the blockchain engineering firm that designed and built Cardano. Led by CEO Charles Hoskinson a polymath and an OG in the community. See IOHK website here https://iohk.io/

EMURGO is a multinational blockchain technology company providing solutions for developers, startups, enterprises, and governments https://emurgo.io/

ICO Crypto - is unique platform; that is secure, smart and easy-to-use platform, and completely disrupting the way businesses raise capital.

ICO Crypto - is unique platform; that is secure, smart and easy-to-use platform, and completely disrupting the way businesses raise capital.

ICO Crypto - is unique platform; that is secure, smart and easy-to-use platform, and completely disrupting the way businesses raise capital.

ICO Crypto - is unique platform; that is secure, smart and easy-to-use platform, and completely disrupting the way businesses raise capital.

Contact Elemental Pools

Any question? Reach out to us and we’ll get back to you shortly.

    Check out our socials!