What is Daedalus wallet staking?

Daedalus wallet staking involves performing staking activities on Daedalus, a full node wallet for staking Cardano’s ADA. 1 What is Daedalus Wallet Staking? 2 How Long Does it take to Get Rewards on Daedalus Wallet? 4 Is Daedalus Wallet Staking Safe? What is Daedalus Wallet Staking?

What is the daedulas wallet?

The Daedulas wallet is the offcial Cardano ADA wallet and it is a desktop wallet. As I wrte this post it doesn’t support hardware wallets but that functionality is coming soon so I will update this post and add a video showing it when it is done. The video below shows how to use the Daedulus wallet to stake your ADA

How does Daedalus work?

Daedalus automatically does this for you the next time you send ADA out of the wallet (combining transaction fees). There is not really a need to move the funds from your rewards account to your spending account unless you need to spend them. They earn compound rewards whether they sit in your rewards account or spending account.

How do I restore a Daedalus wallet?

Step 1: Restore an existing wallet If you have not previously created a Daedalus wallet, skip to the next step. Select “Add wallet” at the bottom of the screen, and the select “Restore”. Select the type of wallet you would like to restore and click “Continue”. Type in the recovery phrase for this wallet and click “Continue”.