Cardano (ADA)
Cardano is a Proof-of-Stake blockchain that aims to solve the 3 most crucial issues all developing blockchains currently face; sustainability, scalability and interoperability.
Cardano wants to overcome real-life problems such as information asymmetry and provide services for the unbanked world population. To achieve all of this, their continue to develop their own set of key innovative technologies. The native ADA token is the utility token on the Cardano network. ADA is used to pay for transactions, secure the network through staking and participate in governance.
Market Cap
Staking Reward Rate*
Price
Auto-Compounding
Reward Frequency
Activation
Withdrawal
Slashing Penalties Enabled
*Staking Reward Rate (SRR) isn’t always the most reliable metric for understanding your rewards. You can read more here
Why Stake Cardano With Figment?
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Cardano provides an open-source platform for builders and developers to create decentralized applications (dApps) and protocols that operate via smart contracts
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The native ADA token is the utility token on the Cardano network and is used to pay for transactions, interact with applications, secure the network and participate in governance
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The maximum supply of ADA is 45 billion
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Rewards depend on the pool’s performance and the delegator earns according to their amount of stake, minus the commissions fee
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