Rewards Calculator
Ada Staking Calculator
This is a simplified staking calculator. How many ada do you like to stake?
Payout
How and when are staking profits paid out?
In Cardano, the staking profits are not distributed by the pools themselves. They are automatically distributed at protocol level.
This happens at the end of each epoch. (i.e. every 5 days) Rewards are “re-delegated” by default.
Disclaimer
How accurate is this calculation?
What the simplified staking calculator does is calculating a range from some pessimistic initial default values to optimistic initial default values.
There's a 35 page-long paper on how staking rewards will work on the IOHK paper library. As you can probably imagine it's not possible to fit this in one single text field like we did above.
The result is (at the moment) only a rough estimate based on an estimate. Results must not be used as financial advice.
Visit Vantuz Subhuman's staking calculator to get an idea about all the parameters and how the formula works.
Prepare for the Cardano Summit
Cardano Merch Store
Freshly arrived: prepare for the next summit and get one of our stylish Cardano shirts from our merch store.
As an enthusiast deeply immersed in the world of cryptocurrency and blockchain technology, I've been closely following developments in the Cardano ecosystem, including staking mechanisms and reward calculations. My expertise extends to understanding the nuances of staking, the Cardano protocol, and the intricacies of decentralized finance.
Regarding the concepts mentioned in the article:
-
Rewards Calculator & Ada Staking Calculator: These tools help users estimate potential rewards from staking ADA (Cardano's native cryptocurrency). They consider factors such as the amount of ADA staked, staking period, and prevailing network conditions to provide an estimate of potential rewards.
-
Staking Profits & Distribution: Staking profits in Cardano are automatically distributed at the protocol level, not by individual pools. This distribution occurs at the end of each epoch, roughly every five days. Rewards are typically re-delegated by default.
-
Disclaimer & Accuracy of Calculation: The simplified staking calculator provides a rough estimate, incorporating a range from pessimistic to optimistic default values. It's important to note that these calculations are not absolute and serve as estimates based on certain assumptions. There's a comprehensive 35-page paper available in the IOHK paper library that outlines in-depth how staking rewards function in Cardano. It's advisable to consult more detailed resources for a precise understanding rather than relying solely on simplified calculators for financial decisions.
-
Vantuz Subhuman's Staking Calculator: This tool offers a more comprehensive understanding of the parameters involved in staking on Cardano and how the underlying formula works. It delves deeper into the factors influencing staking rewards, providing a more nuanced and detailed estimation compared to simpler calculators.
-
Cardano Summit Preparation & Merchandise: The article briefly touches upon the upcoming Cardano Summit and promotes Cardano merchandise available in their store, presumably aimed at enthusiasts and attendees looking to participate in the summit.
My expertise allows me to delve into the technicalities and intricacies of the Cardano blockchain, from staking mechanisms to the broader implications of its protocol updates and ecosystem developments. If you have further inquiries or seek deeper insights into any of these aspects, feel free to ask!
FAQs
Ada Staking Calculator
| Period | Worst Case | Best Case |
|---|
| per day | 0.07 ADA | 0.1 ADA |
| per epoch | 0.33 ADA | 0.49 ADA |
| per month | 2.03 ADA | 3 ADA |
| per year | 24.31 ADA | 35.95 ADA |
Typically, staking on Daedalus yields rewards around 5%. Daedalus may take up significant storage space on your desktop, because it is a full node browser with a complete record of the Cardano blockchain. However, it is considered the best option to keep your cryptocurrency secure.
Is Cardano good for staking? ›
Passive Income Potential
Staking Cardano has emerged as a popular method for cryptocurrency enthusiasts to maximize their digital assets and earnings. This strategy offers an opportunity for passive income generation by actively contributing to the blockchain network and receiving additional cryptocurrency as a reward.
Will Cardano staking last forever? ›
There is no lock up period on Cardano. You can stake and unstake at any time. Which network can I use to deposit Cardano? Currently Cardano (ADA) can only be deposited by using the native Cardano network.
Should I stake all my ADA? ›
Your ADA tokens might lie dormant in your wallet, but staking them allows you to keep growing your holdings. You can access and withdraw the tokens whenever you want, but it generates passive income. Plus, if you keep re-staking your ADA rewards, your passive income will also increase.
Is Cardano staking taxable? ›
Yes. Cardano staking rewards are generally treated as income and subject to Income Tax upon receipt, based on the fair market value in your fiat currency. As well as this, if you later dispose of your ADA staking rewards by selling, swapping, or spending them, any profit may be subject to Capital Gains Tax.
What are the risks of staking Cardano? ›
Cons of Cardano Staking
While reputable pools exist, some pool operators may take advantage of contributors by claiming a significant portion of the rewards. Risk of Loss: While staking itself is safe, losing your funds is risky if you lose access to your wallet's private key.
What is the average staking reward for Cardano? ›
Cardano staking is on the decline this month.
The current estimated reward rate of Cardano is 1.90%. This means that, on average, stakers of Cardano are earning about 1.90% if they hold an asset for 365 days. The reward rate has not changed over the last 24 hours. 30 days ago, the reward rate for Cardano was 1.93%.
What is the best return on Cardano staking? ›
Cardano Reward Calculator
- A pool with 500K total stake, will reward delegators an average return of 2.32% per annum.
- A pool with 2M total stake, will reward delegators an average return of 2.72% per annum.
- A pool with 5M total stake, will reward delegators an average return of 3.01% per annum.
The safest way to stake Cardano is with your own non-custodial wallet. This ensures you maintain complete control over your keys and your ADA. You can also pair hardware wallets like Ledger with staking wallets like Yoroi to further improve your security.
Exodus Wallet: Best ADA Staking Several Coins
It is one of the best places to stake Cardano (ADA) as it is safe and you have control over your wallet, unlike Binance. Exodus supports more than 100 different tokens and is available for mobile and desktop.
Is it safe to stake Cardano in Ledger? ›
Through the Yoroi wallet or AdaLite, and by pairing it with your Ledger hardware wallet, you can easily and securely delegate the Cardano you want to stake. You'll get competitive rewards, and a trustworthy validator, and you keep ownership of your coins.
Should I hold Cardano long term? ›
How high will Cardano go by the end of 2024? The price of ADA could surge to a maximum of $2.02 by the end of 2024. Is it worth staking your Cardano? If you are holding your ADA tokens for the long term, there is no downside to staking all of it.
Does it cost anything to stake ADA? ›
Keep in mind that validators can adjust their commission rates up or down over time. Also, note that the minimum fixed ADA staking fee across each Cardano Stake Pool is 340 ADA which will be shared among the delegators of the pool.
How high can Cardano go long term? ›
Key highlights: Cardano has shown strong historical performance, especially in Q4s, with a record high of $3.10 in 2021 and significant recoveries after downturns. Predictions using Bitcoin's CAGR suggest ADA could reach $11.43 by 2040 and $65.39 by 2050, with the market cap potentially surpassing $30 billion.
What is the average reward for Cardano staking? ›
Cardano staking is on the decline this month.
The current estimated reward rate of Cardano is 1.90%. This means that, on average, stakers of Cardano are earning about 1.90% if they hold an asset for 365 days. The reward rate has not changed over the last 24 hours. 30 days ago, the reward rate for Cardano was 1.93%.
What are the returns of staking ADA? ›
Currently, ADA staking provides a minimum annualized reward rate of 1.25%. It's crucial to note that this rate is determined through a mathematical formula and may fluctuate based on network dynamics. The rewards you receive from ADAs staking are closely tied to the performance of validator nodes operated by Lykke.
What is the maximum value Cardano can reach? ›
The current price of the Cardano token is $ 0.00143094. ADA coin price could reach a potential high of $2.02 by the end of 2024. Cardano price, with a potential surge, could go as high as $10.32 by the end of 2030.
What is the best way to stake Cardano? ›
There are several options to choose from: Yoroi, Daedalus, or Exodus. While these are software options, you can still stake with hardware wallets, although you might be obliged to use a third-party app to stake Cardano. The best way to do this is to read our comprehensive guide on the Best Cardano Wallets for 2024.
