FAQ

Open your wallet (Daedalus or Yoroi), go to the Delegation Center, search us out under the name CORAL and click “delegate”. 

No. Your funds will stay safe in your wallet.

You should NEVER send your ADA to anyone when staking – the funds should always stay in your wallet.

Your rewards will be paid to your wallet after each Epoch (5 days) automatically. This is part of the Cardano protocol, and not something we have any influence over. All rewards will be transferred to your real account on mainnet. 

The only cost you as a delegator have is 2.17 ADA. This is the fee you have to pay when joining any stake pool. 2 ADA is a one-time fee to join the stake pool. You’ll get it back when you undelegate. 0.17 ADA is the transaction fee. 

You can contact us via Twitter: @CoralStake

Protocol system is giving rewards for every epoch. From these rewards it removes automatically fixed fee 170 ADA. And CORAL takes 0%. Let’s say that stake pool gets 1170 ADA rewards for its minted blocks in epoch X. System removes 170 ADA. Now we have 1000 left. From this 1000 ADA CORAL Pool takes 0% (0 ADA). Which leaves delegators 1000 ADA. This will be divided between delegators according to their stake size.

To help the Cardano network grow. We decided to charge a 0% fee. So the total rewards earnt by the pool will be distributed to the Ada holders who delegate to our pool.  

RELAY 1

6 cores CPU / 16 GB / 400 GB / 400 Mbit/s

RELAY 2

6 cores CPU / 16 GB / 400 GB / 400 Mbit/s

CORE NODE

8 cores CPU / 30 GB / 800 GB / 600 Mbit/s

There is no minimum. You can delegate even 1 ADA. But you need to have 2.17 ADA to be able to join the stake pool. 2 ADA is a one-time fee to join the stake pool. You’ll get it back when you undelegate. 0.17 ADA is the transaction fee.