How to delegate your stake with PLTUS and earn rewards?

Delegation is the process by which ada holders delegate the stake associated with their ada to a stake pool. It allows ada holders that do not have the skills or desire to run a node to participate in the network and be rewarded in proportion to the amount of stake delegated.

Incentives are used to ensure the longevity and health of the Cardano network and ecosystem. The incentive mechanism is underpinned by scientific research that combines mathematics, economic theory, and game theory.

Delegation is supported by Daedalus – a full-node wallet developed by IOHK – Yoroi: a browser-based wallet developed by EMURGO & ADAlite: a another browser-based wallet developed by adalite.io

Daedalus delegation:

Created: August 10, 2020