Cardano Stake Pool Fees and How To Choose a StakePool

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  • Опубліковано 25 гру 2024

КОМЕНТАРІ • 636

  • @Ronald-rl6hx
    @Ronald-rl6hx 3 роки тому +2

    Did a lot of research and these videos are most informative. I decided to delegate my ADA to PAUL. Thanks for the nicely presented facts on delegation pools!

  • @Zainyee15
    @Zainyee15 3 роки тому +12

    Great work Paul, just staked 8K Ada with you. Recommending your channel to others who are interested in this project. 👊🏽❤️

  • @claragomesmusic
    @claragomesmusic 3 роки тому +27

    You have no idea how much you've helped me out

  • @brosnana07
    @brosnana07 3 роки тому

    Been holding ADA for a couple months and finally delegated my ADA to PAUL1. Thanks for walk through.

  • @ChangeYourFrequency
    @ChangeYourFrequency 3 роки тому +43

    Best video i've found explaining all the parameters. Thank you!

  • @tylerschwartz5680
    @tylerschwartz5680 4 роки тому +3

    Thank you for explaining the fees better than other videos I've watched. I thought the fee was taken from your wallet! Much appreciated and will highly consider joining your pool once I get my ADA purchased!

    • @CardanoWithPaul
      @CardanoWithPaul  4 роки тому +1

      Thanks for the feedback Tyler. Thanks for considering the pool too, We are just coming off the back of a very good epoch and about to cross 2m in stake so it's a good time. We have a telegram group too if you want to join at any time www.cardanowithpaul.com/Telegram

  • @TheFaircoco
    @TheFaircoco 3 роки тому +6

    first video I found that explained this clearly

    • @edwardh2444
      @edwardh2444 3 роки тому

      Yes, agree, I was confused about the 340 ADA cost too, nicely explained Paul. Thanks

  • @dipakrautela
    @dipakrautela 3 роки тому

    Thanks for the brilliant explanation Paul. I ve staked my 1st Batch to your Pool. Namaste 🙏 from INDIA 🇮🇳

  • @SheriffDonacher
    @SheriffDonacher 3 роки тому +2

    You won me over Paul. Went through your website and I like what you are doing. Clearly, the community will begin to see this over time as well. My Ada to stake is going to you. Keep up the great work!

    • @CardanoWithPaul
      @CardanoWithPaul  3 роки тому +2

      Thanks Dan I really appreciate it. I have some more ideas for the website to make it more of a step by step for new people but just need to find more hours in the day to get it all done 😀

  • @Biscuits3000
    @Biscuits3000 4 роки тому +6

    I've been into learning about this project for over a month, and this channel has been the best help so far. Much appreciated

    • @CardanoWithPaul
      @CardanoWithPaul  4 роки тому +1

      Thanks for the feedback Paul. Great to hear people are getting value

  • @pedrocanelasnl
    @pedrocanelasnl 3 роки тому +3

    Thank you for the video! You were the first person who explained well about this Fixed Pool Fee. I was really confused about the need of paying to stake but now is clear and everything makes sense.

  • @CloudyMusik12
    @CloudyMusik12 3 роки тому +2

    Wow! So cool! Feels like I'm supporting a small business when I'm choosing who to stake with, much more wholesome than miners causing GPU shortages for gamers haha. Cheers bud, I just bought my first ADA and delegated it with you

  • @LiesBeneathTheTruth
    @LiesBeneathTheTruth 3 роки тому +3

    Hello, staked today on your 'PAUL 1' pool, keep doing this great tutorials!

  • @Sm0k3y707
    @Sm0k3y707 3 роки тому

    Just delegated 1235 Ada into your pool. 👍 ty for all the help

  • @Jcarr616
    @Jcarr616 3 роки тому

    Just staked with your pool - your video made things easier to understand - thank you, keep up the good work.

  • @slickers80
    @slickers80 3 роки тому

    Paul, great job. I've just staked 100k Ada with your pool. Thanks for all the guidance, keep it up

    • @CardanoWithPaul
      @CardanoWithPaul  3 роки тому +1

      Thanks Lee I appreciate you choosing my pool. If your on Telegram feel free to join our group - www.cardanowithpaul.com/TelegramChat

    • @wildboar1911A1
      @wildboar1911A1 3 роки тому

      wow, that'll be worth a million soon

    • @MrFr33man89
      @MrFr33man89 3 роки тому

      @@wildboar1911A1 and here i am with 100 ADA lol

    • @wildboar1911A1
      @wildboar1911A1 3 роки тому +1

      @@MrFr33man89 No worries man lol. I got in late too, only have around 2300 ADA. It will still go to $10 so put what you can in

  • @donnaroni
    @donnaroni 3 роки тому +10

    Super helpful and informative video, Paul! I appreciate you and all you’re doing for the Cardano community! Thank you so much for creating/sharing such quality content! :)

  • @ML-tv3wt
    @ML-tv3wt 3 роки тому

    Just staked my humble 1k ADA with you Paul!! Thanks for all you do for the community!

    • @CardanoWithPaul
      @CardanoWithPaul  3 роки тому

      Thanks Mark I appreciate that

    • @wildboar1911A1
      @wildboar1911A1 3 роки тому

      wont you lose money on that tho

    • @CardanoWithPaul
      @CardanoWithPaul  3 роки тому

      @@wildboar1911A1 All fees come out of the overall pool rewards and the rest is split between delegators so you only ever gain more by staking and not less

    • @wildboar1911A1
      @wildboar1911A1 3 роки тому

      @@CardanoWithPaul Ah. How do I choose a pool? I watched your video on it a couple times but i’m still not sure.

    • @CardanoWithPaul
      @CardanoWithPaul  3 роки тому

      @@wildboar1911A1 Which wallet are your coins in?

  • @eduardomotino9550
    @eduardomotino9550 3 роки тому

    whooaaaa I randomly clicked your vid and stake pool simultaneously on yoroi...I guess I'll decide staking with you by the end of this video :)

  • @matthewallen1715
    @matthewallen1715 3 роки тому

    Just staked 12,230 with Paul 2! You’ve been a tremendous help. Thank you!

    • @CardanoWithPaul
      @CardanoWithPaul  3 роки тому

      Thanks Matthew, if your on telegram feel free to join our chat group too - www.cardanowithpaul.com/TelegramChat

  • @tybvx.1505
    @tybvx.1505 3 роки тому +2

    Thank you. You turned the lights on. Just staked with you for your work.

  • @Scott-zi7xv
    @Scott-zi7xv 3 роки тому

    I just pledged to your pool, not sure if it'd have given me the best rewards but it is a whole lot of effort to find it out for a minor reward. Might as well show some support!

  • @iCantEditBro
    @iCantEditBro 3 роки тому +2

    Just starting my journey with ADA, will be staking to Paul and David for teaching me

  • @june61586
    @june61586 4 роки тому

    You have explained it clearly in a 10-minute video, compared to the others that could have been a movie or TV show. Thanks Paul. Subscribed.

    • @CardanoWithPaul
      @CardanoWithPaul  4 роки тому +1

      Thanks June great to hear it helped. If you looking for a pool my own should be coming into a good run now with 5M ADA staked

    • @june61586
      @june61586 4 роки тому

      @@CardanoWithPaul actually yeah looking to transfer my pool to you.

    • @CardanoWithPaul
      @CardanoWithPaul  4 роки тому +1

      Thanks June I really appreciate that. If you need any help just let me know. We also have a great Telegram group growing if your on Telegram too - www.cardanowithpaul.com/Telegram

    • @june61586
      @june61586 3 роки тому

      @@CardanoWithPaul I am already a member, looking to stake on your pool this month. Couldn't wait until we grow up. You are my second crush, first is Crypto Jerome. Haha.

  • @DannyBoy-nu8ls
    @DannyBoy-nu8ls 4 роки тому +2

    mate im a 3 year xrp refugee its nice to be deeper in ada and have content to watch

    • @CardanoWithPaul
      @CardanoWithPaul  4 роки тому

      Thanks for checking me out Danny. If your on Telegram feel free to join the group too - www.cardanowithpaul.com/Telegram

    • @michaelhernandez2075
      @michaelhernandez2075 3 роки тому

      3 year XRP refugee lmao I am sorry dude, Cardano won't disappoint.

  • @Beef_Wagon
    @Beef_Wagon 4 роки тому +7

    Love to see new faces popping up, good luck man. Great video.

    • @CardanoWithPaul
      @CardanoWithPaul  4 роки тому

      Thanks for checking them out Dev, lots more Cardano content to come :)

  • @gustavofranceschinis1427
    @gustavofranceschinis1427 4 роки тому +3

    Thanks man, your explanations are very clear. Cheers from Buenos Aires, Argentina!

    • @CardanoWithPaul
      @CardanoWithPaul  4 роки тому +1

      Happy to hear it helped Gustavo, awesome to have someone in Argentina watching :)

  • @StuartTufft
    @StuartTufft 3 роки тому +1

    I've just staked with you, Paul. I am in the deep end of learning Cryptocurrencies at the moment and your videos on the basics have been very helpful. Cheers mate, I hope that we can all benefit from this long term.

    • @CardanoWithPaul
      @CardanoWithPaul  3 роки тому

      Thanks MezPlays, appreciate you choosing the pool and great to hear the videos are helping

    • @amazingj4173
      @amazingj4173 3 роки тому

      @@CardanoWithPaul I just set up my Daedalus and I'm trying to stake now. I was able to find your pool but it says at "potential rewards" 0.000 ADA. How indicative is this number? Is it because you're still building your pool?

    • @CardanoWithPaul
      @CardanoWithPaul  3 роки тому +1

      Thats an error in Daedalus as we are producing blocks and rewards in every epoch. Last epoch was 6% and this epoch is set to be over 6% so everyone that stakes is getting good rewards

  • @33rdMizukage水
    @33rdMizukage水 3 роки тому

    I have 470 and I'm buying moor soon, the fee worried me that we had to pay that ourselves... so that was my main question answered! Thank you!

  • @texmex9306
    @texmex9306 3 роки тому

    Awesome video; staked +5K ADA with you.

  • @Mrcometo
    @Mrcometo 3 роки тому

    This show is pure gold. Many thanks.

  • @TheContinentalking
    @TheContinentalking 3 роки тому +1

    Great insight for someone relatively new to crypto. Just staked some of my ADA with you

  • @NainarMalik
    @NainarMalik 3 роки тому +1

    Staking to PAUL. Much appreciated for your contribution to the community.

  • @TheDennisace
    @TheDennisace 3 роки тому

    Hia Paul, delgated xxk at your pool, because of all the work you are doing for ada!

  • @brockam
    @brockam 3 роки тому

    Just getting my feet wet. Set up the wallet, bought a small test amount, and staked it with Paul to give myself a test bed. Thanks for providing the information.

    • @CardanoWithPaul
      @CardanoWithPaul  3 роки тому

      Thanks for joining the pool

    • @brockam
      @brockam 3 роки тому +1

      @@CardanoWithPaul its my hope that this gives me access to something that will allow me to have a life in about ten years. I'm sure there is so much more to learn, but I really feel like this coin is very legit. The technology actually serves a need. It helps to be able to believe in it. I really appreciate the lessons.

  • @Kozal85
    @Kozal85 3 роки тому +1

    Staking to PAUL tmrw, appreciate your contribution to the community!

  • @kylemc8963
    @kylemc8963 3 роки тому

    Boss video, thanks Paul
    You have a new nominator!

  • @anoncapitalist7045
    @anoncapitalist7045 4 роки тому +4

    Great content Paul 🚀

  • @TheJezcol
    @TheJezcol 3 роки тому

    Good work Paul. Straightforward and easy to follow thanks!

  • @careersteer6497
    @careersteer6497 3 роки тому

    Just dedicated my stake to Paul1. You are awesome. Can't wait to stake more in the future.

    • @CardanoWithPaul
      @CardanoWithPaul  3 роки тому

      Thanks for joining. We also have a telegram chat group if you want to join www.cardanowithpaul.com/TelegramChat

    • @CardanoWithPaul
      @CardanoWithPaul  3 роки тому

      @@careersteer6497 when you click the link it should ask do you want to open it in telegram

  • @william_8844
    @william_8844 4 роки тому

    Best explanation I have seen for staking

  • @astrobear8790
    @astrobear8790 3 роки тому +2

    just staked in your pool! Thanks Paul

  • @barryrodgers2458
    @barryrodgers2458 3 роки тому

    Great upload Paul👍
    Well explained... good work and good luck with this channel ...

  • @tryxlr8m8
    @tryxlr8m8 3 роки тому

    Thanks Paul! Great video m8, before today I knew nothing about this, now I'm supporting Paul1 ! So very well explained, thank you.

  • @bmw98vida
    @bmw98vida 3 роки тому +1

    Just started staking with Paul 💪🏽 thanks for the help bro!

  • @AntonioLopez-rv7lk
    @AntonioLopez-rv7lk 3 роки тому

    hey bro, just discovered your channel. perfect video for exactly what i was looking for. Im new to crypto but not to trading and investing, I See where Cardano is going and with a team like that addressing such important issues in a new market, cant see how it wont succeed. Considering all variables Ive decided to stake my ADA in your pool. Im subscribed to your channel and look forward to the future of Crypto, Cardano, your channel and your pool. Take care and keep doing what your doing bruh.

    • @CardanoWithPaul
      @CardanoWithPaul  3 роки тому

      Thanks Antonio

    • @AntonioLopez-rv7lk
      @AntonioLopez-rv7lk 3 роки тому

      @@CardanoWithPaul hey bruh, i just finished staking my first epoch with you, i dont see any rewards, am I doing something wrong or did we not produce any blocks or something? please explain. Thanks.

    • @CardanoWithPaul
      @CardanoWithPaul  3 роки тому

      @@AntonioLopez-rv7lk Your first rewards are always 15 - 20 days and then after that it is every 5 days. I go through the timeline here which might help - ua-cam.com/video/umiv-YMmnaU/v-deo.html

    • @AntonioLopez-rv7lk
      @AntonioLopez-rv7lk 3 роки тому

      @@CardanoWithPaul thakyou..all understood

  • @kvartz
    @kvartz 3 роки тому

    Just joined the pool club! Keep it up mate!

  • @Sunil-kq9bx
    @Sunil-kq9bx 3 роки тому

    Thank you. I was looking exactly for this. I joined PAUL 1

  • @aduchene6091
    @aduchene6091 3 роки тому

    Very Helpful. Just starting and you got the stake. Thanks.

  • @babbna
    @babbna 3 роки тому

    Your videos have helped me so staking my ADA in your pool!

    • @CardanoWithPaul
      @CardanoWithPaul  3 роки тому +1

      thanks for joining

    • @babbna
      @babbna 3 роки тому

      @@CardanoWithPaul what is the APY on your pool if i may ask?

  • @DefiDenny
    @DefiDenny 3 роки тому

    Just staked with your pool - Thanks for the great insight!

  • @Greyhound_27
    @Greyhound_27 3 роки тому

    Just staked to PAUL. Thank you for your work! 🙌🏼

  • @brandon2155
    @brandon2155 3 роки тому +1

    Hey Paul, thanks for explaining the process of how to search for pools and how they work. I joined your pool man

  • @MaidenJoel
    @MaidenJoel 3 роки тому

    Just staked a nice amount through your pool Paul. High fees but it'll be consistent and trustworthy

    • @CardanoWithPaul
      @CardanoWithPaul  3 роки тому +1

      Thanks for choosing my pool I appreciate it. Just in case you seen different figures my fees are the same 340 ADA Fixed which is the min all pools can have and 3% variable fee. Feel free to join us on Telegram too if you want - www.cardanowithpaul.com/TelegramChat

  • @tursu27
    @tursu27 3 роки тому

    Great video. Have been looking for video like this for a while.

  • @marcjan9652
    @marcjan9652 3 роки тому

    Thank you very much ! I finaly got to understand ! I guess I will delegate to your project very soon. Thanks again for your work, keep it up !

  • @alexalston3240
    @alexalston3240 3 роки тому

    super useful, perfectly lucid, thank you sir

  • @VirtualDvid
    @VirtualDvid 3 роки тому

    Ok I just staked a small amount in your pool. This is my first time getting in touch with all this concepts. Let's see in a couple months how it behaves. Then I will stake the rest of my coins. 😎

  • @unusualbrad8174
    @unusualbrad8174 3 роки тому

    Hey Paul, Thanks for the valuable info. Just delegated my Ada to your Paul 2 stake pool.

    • @CardanoWithPaul
      @CardanoWithPaul  3 роки тому

      Thanks for joining

    • @wannaseeshit
      @wannaseeshit 3 роки тому

      @@CardanoWithPaul hey paul do u think its still worth it to stake my 90pcs ada? Will it earn rewards also? Thnks

  • @BeyndTh3Desk
    @BeyndTh3Desk 3 роки тому

    Appreciate your content, great stuff. Subscribed to your channel, and staked in your pool!

    • @Travel_LiveBetter
      @Travel_LiveBetter 3 роки тому

      Is there any risk of losing coins when I join staking?

  • @tryxlr8m8
    @tryxlr8m8 3 роки тому +1

    Awesome video! thanks for the advice!

  • @CR-vv7tt
    @CR-vv7tt 2 роки тому

    Excellent vid. Thank you!

  • @t.k.1330
    @t.k.1330 4 роки тому

    Great, An understandable explanation of Staking Pools.

  • @jamesmillard5669
    @jamesmillard5669 3 роки тому

    Great video Paul, just started staking with yourself.

    • @CardanoWithPaul
      @CardanoWithPaul  3 роки тому

      Thanks James. Feel free to join us on Telegram if you want - www.cardanowithpaul.com/TelegramChat

  • @COACHUPCLASSES
    @COACHUPCLASSES 3 роки тому

    Nicely explained 👍 staking in your pool. Trusting you 💯

  • @RLS-Crypto
    @RLS-Crypto 3 роки тому

    This was the best explanation of the Cardano pool I've watched. Thanks for making it clear, and what to look out for. Peace!

  • @bensincali1
    @bensincali1 3 роки тому

    Love the videos - staked to Paul today

  • @cloudst3r928
    @cloudst3r928 3 роки тому

    Thanks for your videos! Really help me understand the Cardano ecosystem :)

  • @puiibyob434
    @puiibyob434 3 роки тому

    Hi Pual, New sub's here. Thank you for making such a informative video. I got clear at many points. Cheers !!!

  • @yoloswag6242
    @yoloswag6242 3 роки тому +68

    jesus christ dude, you must be a millionaire by now :D

    • @Iminyourzen
      @Iminyourzen 3 роки тому +4

      @Tom Gadbois he definitely is now

  • @mahteef
    @mahteef 3 роки тому +4

    Been watching your videos and subscribed, Paul. Best of luck!
    Q: I noticed many examples on here use 10K or even 100K ADAs when doing the calculation. But, can you delegate any amount of ADA to stake in a pool? Example: 500 ADA? Especially for those just starting out and not able to afford too much ADA at the moment

    • @CardanoWithPaul
      @CardanoWithPaul  3 роки тому +3

      Thanks Piringo, Yes you can delegate any amount you want over 10 ADA

  • @uremybae8788
    @uremybae8788 3 роки тому

    I'm glad to be delegating to your pool Paul

  • @22illingworth
    @22illingworth 4 роки тому +3

    Great Video... You have a new subscriber and I will be joining your pool shortly!

  • @mitchgiddens23
    @mitchgiddens23 4 роки тому +1

    Thanks for the replies, gained a subscriber

  • @TobySillence
    @TobySillence 3 роки тому

    Thanks for your detailed videos. Much appreciated. I have joined your pool. Nice one.

  • @everythingcardano5171
    @everythingcardano5171 3 роки тому

    I delegated to your pool. Looking forward to my very first rewards.

  • @MAXIMUMCAT_MX_
    @MAXIMUMCAT_MX_ 3 роки тому

    New to your channel, thanks for the helpful video. Staked with your Paul2 pool!

  • @juanjosebarrera7820
    @juanjosebarrera7820 3 роки тому

    Great video, great project. Keep it going!

  • @alnewell31
    @alnewell31 3 роки тому

    Best explanation I found, will be delegating to your pool. Just wondering what you meant by when to change pools ? Did you mean when they get saturated ? Thanks AL

    • @CardanoWithPaul
      @CardanoWithPaul  3 роки тому

      Thanks Al, yes I when a pool gets saturated you would need to move. Mine are still well under so all good and I will make updates here if we get close. You can also join our telegram group here - www.cardanowithpaul.com/TelegramChat

    • @alnewell31
      @alnewell31 3 роки тому

      @@CardanoWithPaul Great , thanks Paul , will join when I get home Saturday

  • @cocoy
    @cocoy 3 роки тому

    Thanks man, good info. I saw two PAUL Ada pools, there's a Paul and a Paul1. Descriptions the same. Are they both yours?

    • @CardanoWithPaul
      @CardanoWithPaul  3 роки тому +1

      Thanks Cocoy, yes both are mine. Currently PAUL is the best one to join

    • @cocoy
      @cocoy 3 роки тому

      @@CardanoWithPaul Thanks Paul, will do. Keep up the good work updating us on ADA and its ecosystem.

  • @michaeljarvis6628
    @michaeljarvis6628 3 роки тому

    great explanatory video thank you :)

  • @infernoBalrog
    @infernoBalrog 3 роки тому

    Nice video, thanks!

  • @BeingHamsa
    @BeingHamsa 4 роки тому +4

    Thank you Paul, great info. I appreciate this and am def conisdering joining your pool because you are so clear and forthcoming, helping a newbie understand what the f is this stake pool business. And, I am looking for other stake pools that are donating earnings to social and environmental causes, how would I find out who is doing this? TY

    • @CardanoWithPaul
      @CardanoWithPaul  4 роки тому +4

      Thanks for the feedback. I currently have the margin fee set to 0% on my pool until delegators are getting consistent rewards so currently there is no profit in the pool for me to even consider donating but once there is I will look at it again as I generally donate to charities outside the pool throughout the year. Thanks

    • @BeingHamsa
      @BeingHamsa 3 роки тому

      @@CardanoWithPaul okay thanks for the reply.

  • @marcokitto
    @marcokitto 3 роки тому

    Thanks for the info - subscribed and staked.

  • @bewbtewb
    @bewbtewb 3 роки тому +1

    This was really helpful. I’ve seen some mention of “tax” in the pool fees somewhere. Is this just another way to reference the fees associated with a pool or is there some tax implication here?

  • @nicksmith306
    @nicksmith306 3 роки тому

    Good job man.

  • @PaulRacko2
    @PaulRacko2 3 роки тому

    Good stuff, Paul!

  • @xmaniac99
    @xmaniac99 4 роки тому +3

    I am going to stake my 750 ADA with Paul.

  • @timmepang3258
    @timmepang3258 3 роки тому

    Hi Paul, just wondering if you are considering Empowa, or Sundaeswap when it is available.
    Will you be looking to create one?

  • @stan8999
    @stan8999 3 роки тому

    Just joined your Stake Pool, had some leftover ADA, hope this works :)

  • @Karnage99
    @Karnage99 3 роки тому

    Very informative video, Ill gladly stake my cardano in your pool. Thank you for all your help :))))

  • @bladesense8410
    @bladesense8410 3 роки тому +1

    Hi paul, if I want to stake to your pool should I stake to number 1 or 2?

  • @FallingThings
    @FallingThings 3 роки тому

    Staked 1000 ADA on your pool, hope to get another 4000 in stake for the end of the month!

  • @chamamemestre
    @chamamemestre 3 роки тому

    Hi Paul, really nice videos so far, really appreciate it! Since I am new at this, tell me something please. As I understand we can stake in any pool and take it out whenever we so wish for correct? Also, what do we gain from your specific pool compared to others? Shouldn't all pools be profitable or not really? Thank you and keep up the good work! :) Also I found your Pool but Daedalus does not let me stake on the next epoch, only two from now why? Also also, while choosing your POOL the mouse over says the returns would be 0,000000 ADA? Sorry for the newbness :D

    • @CardanoWithPaul
      @CardanoWithPaul  3 роки тому +1

      Yes you can move funds any time you want. Ya all pools that are running properly should average out at 5 - 5.5% over the year so pick a pool that you trust and want to support

    • @chamamemestre
      @chamamemestre 3 роки тому

      @@CardanoWithPaul Hi, thank you for the quick reply :) I will be honest with you, I was using this as a means to see how much I could trust you as much as one can in this sort of things. I will stake in your pool. Thank you for the videos, and keep them coming! :)

    • @CardanoWithPaul
      @CardanoWithPaul  3 роки тому +1

      @@chamamemestre Haha thanks. I'll always give my honest opinion

  • @thecontourscholar4906
    @thecontourscholar4906 3 роки тому

    Im getting ready for major ada purchase. Where can i find stats for your pool. Love your videos and calculators. Thanks.

    • @CardanoWithPaul
      @CardanoWithPaul  3 роки тому

      Hey Michelle. You can check all pool stats on adapools. Generally most pools producing blocks will average about 5% a year which is where my pools are at. Any questions juts let me know

  • @SonAyoD
    @SonAyoD 3 роки тому

    great video bro, ill be looking at your pool!

  • @singsclaro7492
    @singsclaro7492 3 роки тому

    Just found your videos. So far, I love them. I am a big fan of ADA. I would love to join your pool. I wish you would slow your speech down some. We are trying to learn. Give us a moment to absorb what you are saying.

  •  3 роки тому

    Extremely informative and clear! I'll be setting my wallet today and hoping into your pool today or tomorrow! Thanks again!

  • @uatignai
    @uatignai 3 роки тому

    This was extremely helpful!! Thank you. I have one question. Does one have to claim their rewards?

    • @CardanoWithPaul
      @CardanoWithPaul  3 роки тому +2

      You only need to claim them when you want to move them out of your wallet. They are auto staked for you when you earn them

    • @uatignai
      @uatignai 3 роки тому

      @@CardanoWithPaul Thank you. So the rewards and the initial staked amount will continuously be auto staked until I decide to remove and claim them which can be done at any time of my choosing?

    • @CardanoWithPaul
      @CardanoWithPaul  3 роки тому +2

      Yes anything new added to the wallet will be auto staked for you and you can move funds at any time

    • @uatignai
      @uatignai 3 роки тому

      @@CardanoWithPaul Hey Paul back again with on more question. Just before I stake to your pool 2. There is a fee associated with staking, will this fee be deducted everytime my ada is autostaked or how does this work with the staking fee? What if my returns per epoch are less than the staking fee, or is this a one off fee? Thank you once again for the patience and assistance much much appreciated.

    • @CardanoWithPaul
      @CardanoWithPaul  3 роки тому +2

      @@uatignai The 2 ADA deposit is a one time which you get back when you stop staking. The 0.17 ADA transaction fee is also one time and anything new added to the wallet including rewards are auto staked for you. The only time you will pay the 0.17 ADA again is when you claim rewards but you only need to do that when you want to move ADA out of the wallet as rewards are auto staked for you

  • @bodzachary1244
    @bodzachary1244 3 роки тому

    Love your videos Paul! I'm very new to ADA and have got a couple of questions. So when you delegate your tokens to a pool you pay a fee, will this fee return to you? And what if for example I decide to redelegate the same day or any other days in the future epochs, do I loose that fee and have to pay one more to enter another pool?

    • @CardanoWithPaul
      @CardanoWithPaul  3 роки тому

      When you stake first you pay a 2 ADA deposit to the network which you get back when you stop staking. You also pay a transaction fee as you send a transaction on the blockchain to sign your stake key, you are free to change pools at any point and if you do you just pay another transaction fee to change your stake key.