Staking Cardano ($ADA): How to delegate Cardano with Daedalus wallet

Stake Cardano (ADA) and delegate to Anonstake’s $ADA pool

Anonstake

Published in

Anonstake.com

3 min readSep 24, 2020

Requirements to stake your Cardano ($ADA)

Install Daedalus wallet and hold $ADA on Yoroi wallet. You can download wallet from the official website here: https://daedaluswallet.io/en/download/

🔗 macOS
🔗 Linux
🔗 Windows

Step 1: Open wallet and delegate

Agree to terms of recovery phrase, make sure to save your mnemonic phrases to a secure place in order to have access to your address in case something goes wrong.

**Step 1**: Save your recovery phrases | **Step 2**: Choose wallet name and secure password | **Step 3**: Choose create or restor wallet based on your needs

Step 2: Choose Anonstake as your preffered staking pool!

After you wallet syncs with Cardano blockchain, you will see a new tab in the left side-bar. Choose second module which navigates you to Delegation center.
You will have to choose the wallet (if you have multiple addresses) and stake pool. Lastly we will confirm your delegation.

**Step 1:** Choose Staking in left-sidebar Step 2: Once Cardano chain is synced you can access Delegation center

3. Choose wallet to delegate from

4. Search for “Anonstake” or “ANON” stake pool in the search bar

5. Confirm delegation

4. Search for “Anonstake” or “ANON” stake pool in the search bar

5. Confirm delegation intention inside wallet

Step 3: Confirm delegation TxID on Ledger screen

Follow steps on bellow picture borrowed from Yoroi’s guide on delegation with Ledger Nano devices. After confirmation you should see the bellow picture with “Wallet Delegated” message on your wallet.

Congratulations, your $ADA / Cardano is now delegate to Anonstake staking pool and you will start earning your rewards! 🎉🎉🎉

You can check you are one of the delegators here: https://pooltool.io/pool/989d03a92eb15d8649004a9cc0558ae90aa2ac300935ef1ba511d5f0/blocks

Visit explorers to check your balance was captured correctly:

You can check if everything is as you expected on explorers and check balances, transaction history and more! Visit:

What is Cardano?

Cardano has been pioneered by a team of academics and engineers with peer review papers. It offer a unique approach to scaling and securing a blockchain network with native digital currency ADA which is used for direct value transfer with capability of handling smart contracts.