How to stake ADA on TFSF

[shiv]

I’ll make this thread separate so the images don’t bog down the other ada threads

 

[shiv]

Once you get the app, you will set up a wallet and get a “Seed Phrase” or whatever it’s called. It’s 15 words that you need to write down and save somewhere because that is your key to get back in if you get locked out somehow

 

[shiv]

Next go here to get your wallet ID and copy it so you can paste it in the transfer where your existing ADA is

 

[shiv]

Next click delegate to go to the staking center and type TFSF in the search

 

[shiv]

 

[shiv]

Then click delegate. Once you delegate a wallet, everything in that wallet is delegated there. But you can withdraw your ADA anytime you want so it doesn’t lock you in or anything

 

[skramer100]

Pretend I am 4 and tell me what the fuck this is.

 

[shiv]

Pretend I am 4 and tell me what the fuck this is.

ADA is a Cryptocurrency. You can buy ADA and deposit it in a bank some of our friends made. That bank will pay you interest in ADA for holding your crypto there.

 

[TopHook]

 

[22*43*51]

Is there a minimum deposit?

 

[shiv]

Is there a minimum deposit?

In think 2 ADA is required to stake so like $1.50