Stake your ADA and earn passive income
Do you hold ADA?
If you don’t, there are a number of different places where you can buy ADA. However, you may find that it is easiest to purchase some is through a trusted global exchange like Kraken.
Get a Yoroi wallet
Yoroi is a lite hierarchical deterministic (HD) wallet for ada cryptocurrency, running as a Chrome or Firefox extension. Yoroi allows for instant initial setup, quick and easy operation with minimum usage of system resources
Download the chrome extension
click the “Add extension” button
Click the YOROI icon
Select your language
Agree with the terms of use
choose the simple option for the simplest experience possible
Allow Cardano payment URL
Simply click ALLOW to enable payment URLs
Click “Create a Wallet”
Select on CARDANO
Select Create a Wallet
Name your wallet and set up your Password
The next steps are VERY IMPORTANT, you are about to see your WALLET BACKUP PHRASE, make sure nobody looks into your screen
Make sure to carefully write your recovery phrase somewhere safe and press YES. WARNING: DO NOT take a screenshot and DO NOT save it on your computer.
Tap each word in the correct order to verify your recovery phrase
Confirm that you understand everything
Congratulation, you now have a YOROI Wallet
Click the RECEIVE TAB to get your wallet address.
Send some ADA to your Yoroi Wallet, if you do not have any ADA yet click HERE to get some
Once you have loaded your Yoroi wallet with ADA, click the DELEGATION LIST tab and search for the KIND pool.
Why KIND?
KIND is the charitable pool
Through the KIND Staking Pool, not only will you earn great staking rewards, but you’ll also contribute to continuing all of the charitable initiatives we value.
Every month we give 25% of OUR operating fees (Margin) to deserving CHARITIES (more info here…)
But this is not it, we are also Giving Back To Our Generous Delegators. Every month, we randomly select one of our Generous Delegators and send her/him $100 worth of ADA. (more info here…)
Click the [KIND] KIND Charitable Pool ‘s Delegate Button
Input your password and click the DELEGATE Button
- Delegating is secure and does not put your funds at risk
- The delegation mechanism allows you to have full control over your funds. You delegate ONLY your right to participate in the protocol producing blocks. Thus, when you delegate to a stake pool, you only allow them to produce blocks on your behalf, but you NEVER give up control of your funds.
- When you delegate, your funds are NEVER locked, you retain full spending power over your funds at any time.
- If the stake pool that you were delegating to, disappears, gets retired, stops working, or has any other bad performance issue, you can just re-delegate your stake to another stake pool. Your funds are always secure under your control.
Congratulations, you have successfully delegated your ADA to the KIND POOL.
Make sure to join our Monthly Lottery and you could win £100 every Month!
Track the status of our Pool and the amount of time remaining to receive your rewards from the Dashboard page
- Stake pools do not have any control over the rewards distribution amongst its delegators. Any rewards earned by delegating your stake are distributed automatically by the protocol. Stake pool operators have no control over this process.
- Rewards from a given Epoch are distributed 2 Epochs later and those are added to your wallet balance and it is automatically delegated to the stake pool that your wallet is delegating to.
- Once rewards are added, you can always spend those rewards too as part of your wallet's balance
Happy Staking
Ohhh, one last thing:
- You should NEVER EVER transfer ADA to a stake pool. If a stake pool asks you to send them funds in a transaction, please DO NOT PROCEED and report them to us and IOG. THEY ARE TRYING TO SCAM YOU!