You can delegate ADA (or stake your ADA) using the official Cardano Wallets. When you stake (or leave) your ADA on an exchange, in essence you are automatically staking in their stake pools. This is not good for the network as it centralizes stake with the exchanges.
STEP 1
You will then need to exchange Fiat (e.g. $USD or £GBP) for ADA using an exchange such as Kraken: https://www.kraken.com
Sign up for an account
Deposit funds
Buy $ADA
(For safety, Kraken impose a 72 hour period that needs to elapse before you can withdraw your $ADA)
STEP 2
Download Yoroi Wallet (Light Wallet for browser and Mobile): https://yoroi-wallet.com
Sign up for an account
STEP 3
Withdraw the ADA from your Kraken account and send it to the Yoroi wallet you set up using the wallet code
STEP 4
Go to "Delegate" in the wallet and search for "ESG" (our ticker name)
Delegate your $ADA
DONE!
Enjoy 5% annual returns (in addition to the change in value of the $ADA coin itself)
You are always 100% the owner, controller, and lord of your ADA. It never leaves your wallet. You are basically just telling the network which pool you support. Think of it like casting a vote. If anyone asks you to "send" $ADA to their wallet then it may be a scam.
Any questions please Tweet us @ESGpool
Cardano cryptocurrency uses a Proof-of-Stake (PoS) for its consensus mechanism. We are responsible for maintaining one of the Cardano stake pools that ensures the Cardano blockchain reability and security.
To help us to achieve this, you can delegate ADA to a stake pool and win rewards every time the stake pool creates a new block in the Cardano blockchain.
ESGpool
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