Cardano is a proof-of-stake blockchain that aims to solve the 3 most crucial issues all developing blockchains currently face; sustainability, scalability and interoperability.

Cardano wants to overcome real-life problems such as information asymmetry and provide services for the unbanked world population. To achieve all of this, their continue to develop their own set of key innovative technologies. The native ADA token is the utility token on the Cardano network. ADA is used to pay for transactions, secure the network through staking and participate in governance.

Stake Now
Market Cap
{market-cap}
Price
{price-usd}
Rewards
Distributed every epoch (~ 5 days)
Slashing
No Slashing
Inflation
~2%
Unbonding
No unbonding period
Compounding
Rewards come from monetary expansion and all transaction fees that were collated from the set of transactions included in a block that was minted during that epoch.
yellow half circleyellow half circle
Crunching numbers

Optimizing Staking With Figment

Figment offers peace of mind to its customers and provides the most complete staking experience in the industry

EXPERIENCED & TRUSTED

Figment is a venture funded, registered Canadian company based in Toronto. Canada offers stability, rule of law and clear crypto regulation.

30+ years of experience successfully scaling internet infrastructure companies.

FEATURES & BENEFITS

Active participant in the Cardano ecosystem.


SECURITY & SAFETY

The world’s most advanced physical IDC + multi-cloud staking infrastructure.

You maintain custody of your ADA at all times.

Protected via industry-leading Staking & Delegation agreement.

Looking to stake ADA?

Get in touch with our team to discuss Prime customers advantages and unlock the full Figment experience

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Stake your ADA tokens in a few clicks by following these steps:

  1. Set up Daedalus; the official desktop wallet developed by Cardano itself, or Yoroi, the Google Chrome extension developed by EMURGO.
  2. Send ADA to your chosen wallet.
  3. From your dashboard, open the 'Delegation' tab.
  4. Find Figment’s staking pool and click 'Delegate', then confirm the transaction. Remember to keep some ADA available to pay for transaction fees.

Figment's Validator Addresses

Need more detailed instructions?

See full guide

Cardano FAQ

What is the name of the asset being staked?

Black arrow

Cardano’s native token, ADA will be staked to capture new issuance rewards and fee revenue. ADA can be used in these ways:

  • Payment for computation and validation services (i.e., transaction fees)
  • Medium of exchange
  • Participation in governance (eventually)

Do I maintain custody and control of my ADA when staking?

Black arrow

You maintain custody of your ADA at all times. There is no bonding or unbonding period.

How long does it take to unstake?

Black arrow

You can unstake your ADA tokens at any given time. You keep full control of your ADA tokens even when they are staked and they are never locked.

Can my staked ADA be slashed (seized or destroyed)?

Black arrow

No, Cardano currently does not enforce slashing. Poor node behavior, however, can lead to missed rewards.

What is the rate of new issuance (aka "annual inflation") for ADA?

Black arrow

Current inflation rate is set at 2.01% as of 1/20/22

What is the total supply of ADA?

Black arrow

There’s a maximum supply of 45 billion ADA with a current circulation of ~31 billion.

How are the rewards disbursed?

Black arrow

Rewards are distributed every epoch (~5 days) amongst all stakeholders who have delegated to a stake pool, either to their own stake pool or another pool.

Is staking income liquid or automatically staked?

Black arrow

Staking income is staked automatically, which means you will need to unstake to withdraw your staking income.

Question mark icon

Additional Resources

Want to learn more about Cardano? Check out our latest articles
No items found.