Binance ADA staking

A stake pool is most profitable when it reaches but doesn’t surpass the stake cap . As of December 2020, the k parameter on Cardano is 500, setting the saturation point (stake cap) for a stake pool at 64 million ADA.

The crypto exchange estimated that there will be about a 3.75% annual percentage yield on staked Cardano. After an initial holding period of 20 to 25 days, customers will receive awards to their account every five to seven days.

Staking is completely safe in that you will not lose your ADA tokens through staking . If you are already a long-term holder of ADA, Cardano staking is a simple way to increase returns. But because of the volatility of the crypto market, it is probably not worth buying Cardano purely to stake it.16 Mar 2022