WELCOME TO YOLO

100,000 ADA Pledged (Ticker:YOLO) 

By staking with YOLO Stake Pool you support decentralization and security of the Cardano Blockchain and more.

 

Let's Change The World

Stake. Earn. Support.

"A society grows great when old men plant trees in whose shade they know they shall never sit"

-Old Greek Proverb

Please be aware that YOLO is a new pool (Launched March 29th, 2021, final EPOCH before full decentralization), so the ROA and rest of metrics were not yet calculated. If you decide to stake with us, please be patient as delegation is expanding.


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Our Pledge

We have allocated a pledge of 100,000 ADA to launch YOLO Staking Pool. 

ADA Cardano is now the most decentralized cryptocurrency in the world and we are proud to be part of the journey with you.

YOLO believes that when 2 people connect, a 3rd person should benefit. This is why we have loved and supported the Cardano Mission since 2016. Together we will become the change we seek in the world and each other. Thanks To Charles Hoskinson for his commitment to a more meaningful future for all.

*20% of proceeds earned through the YOLO Staking Pool will go toward evidence-supported teen mental health education.

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Download Official Desktop ADA Wallet

The button below will take you to the official site and will not start any downloads. The site is of the Cardano Foundations Wallet at https://daedaluswallet.io/en/download/

Official Cardano Light Mobile Wallet

The button below will take you to the Emurgo Yoroi Wallet Page. You may download the app on the Apple and Google Play store as well.

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How Does Staking Work?

Earn on average between 5-6% on your ADA by delegating to YOLO

 

There are no risks staking on Cardano!

  • Your ADA is never locked. You're free send your ADA at any time.

  • Your ADA is never moved from your wallet. You will always be in control of your ADA (read the above like 'What does it mean to "stake" your ADA?' to learn more).

  • Your rewards are distributed by the protocol, so there's no possibility they can be withheld by a stake pool.

Do I need a minimum amount of ADA to Stake?

There is no minimum to stake (though there is a staking key deposit of 2 ADA) and any ADA added to your wallet is automatically staked, including rewards (rewards are compounded). You only need to withdraw rewards if you need to send the ADA out of your wallet.

What is Staking?

Staking is the process of participating in transaction validation on a proof-of-stake (PoS) blockchain. It is through stake delegation (delegating your ADA to a pool) that rewards can be earned. Staking ADA delegates your wallet address to a pool, there is thus no need to be continuously online to stake as the pool you are delegating to has this responsibility. There is a minimum ADA requirement of ~10 ADA to stake and there is no lockup period. You can move your ADA at any time. See ADAtainment Blackboard Youtube Guide. & an IOHK explainer of PoS vs PoW.

When will I start to see my rewards?

After 16-20 days. For more on the epoch cycle: Click Here.

Why can't I see or find my rewards?

If viewing in Daedalus allow enough time to synch to the blockchain. Once the node is fully synched rewards should be visible /added to your balance. Rewards can be viewed under the staking tab. Rewards will also take some time before being added - see the epoch cycle in the above question.

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