ADA coin is the underlying cryptocurrency on the Cardano network. Stake Pool operator (also known as SPO) is a cool nerdy looking dude who manages a blockchain software on a server and mints blocks for the delegators. A delegator is an awesome guy who holds ADA in a Cardano Wallet and supports the network by delegating ADA to the Stake Pool operator. When the pool operator mints blocks, the operator receives rewards (paid in ADA) and as a delegator, you will receive a portion of the rewards for your stake.
Ok, that is a lot, maybe the simplest way to say is when you delegate your ADA to POWER pool you will receive more ADA as we mint blocks. This is somewhat similar to opening a Fixed Deposit in your bank and receiving interest but so much better cool technology.
Stake Pool Operator
ADA coins are available over dozens of participating exchanges. You may chose to send ADA coins from one of the listed exchanges below (Not financial advice. This is entirely your decision)
Download step by step instruction guide for the wallet that you downloaded before on how to delegate and earn rewards. If you are a beginer we recommend Yorio Wallet.
Thanks you for delegating with POWER Stake Pool.
“To be trusted is a greater compliment than being loved.” ― George MacDonald.
Would you like to learn more about our pool operations, your trust is important to us?
If you were to delegate your ADA during Epoch 0, your Stake will be active and the Pool will be minting blocks in Epoch 1. Rewards will be calculated in Epoch 2 and the Rewards will be delivered to the same wallet at the beginning of Epoch 3. Thereafter, Rewards will be paid at the beginning of each new Epoch. Note that Each Epoch is 5days.