On this part of the website you will find instructions on how to delegate your ADA and earn rewards!

How to delegate your ADA

To delegate Cardano (ADA), you need to install a Cardano Wallet first. A Cardano Wallet is software that is secured by several passwords and recovery sentences and enables the Cardano owner to “store” their ADA outside of cryptocurrency exchanges.

Once the wallet is installed, you buy ADA at an Exchange such as Binanace, Coinbase or Kraken and transfer it to you wallet.

Once the ADA is in your wallet, you can choose to delegate (Stake) it to a Stake Pool. We of course suggest using CAPEX.

Yoroi Wallet

Yoroi is a light wallet for the Cardano network. This means it is easy to install, quick to set up, and it does not require a full copy of the blockchain.

You can download Yoroi from the official Emurgo Yoroi wallet website.

Yoroi can be installed as a plugin to the most used browsers (Chrome, Firefox, Edge) or as an app on a phone of tablet (iOS or Android).

Daedalus Wallet

The Daedalus wallet is a full node wallet, developed and deployed by IOG. Because it runs a full cardano node in the background, it will take some time to set up, but it will always be the first wallet to come with new features and development.

You can download the Daedalus wallet here

We suggest this link for detailed instructions on how to install the Daedalus wallet

Security

For both Wallets, make absolutely sure you store your passwords and recovery phrases in a save place, preferably offline. Old fashion pen and paper is strongly preferred, since that is very hard to hack!

Without your recovery phrase there will be no way of recovering your wallet and thereby your precious ADA!

Delegating with a Yoroi Wallet

Delegating your ADA with a Yoroi Wallet is pretty straight forward. This guide is based on the desktop browser version of the wallet. The phone version is a little more compact. Once you have it installed, you can open your wallet via the browser. The first thing you will see is your Dashboard with an overview of your ADA. In the top menu above your summary, you can switch to Transactions, Send, Receive, Voting and – last but not least- Delegation List. This is where you want to be to delegate your ADA.

Once we selected the Delegation List, a list of all available Cardano Stake Pools will appear. You can use the search function on top to find our CAPEX Pool. By clicking on the green “Delegate” button to the right, you can now delegate your ADA and earn rewards! Remember, it will take 4-5 Epochs (20-25 days) before you are eligible for your first reward.

Let's have a closer look at the Yoroi Dashboard in the screenshot below:

You might be wondering what the other items in the headers of the Pool list are. Let's go from left to right:

Stake Pool Name: In the above screenshot you can see the name of our Stake Pool and the "ticker" in brackets. The ticker is an abbreviation of the name of the Pool.
ROA: Stands for "Return of ADA". This is an estimate of the annual reward, calculated on bases of past performance of a Pool.
Share/ Pool Size: Here you can see how many ADA are already delegated to the Pool. If there is a green part in the circle it means there is still room in the Pool to stake ADA.
Cost: Each Pool collects 2 fees from the rewards before distributing it to the delegators. There is a minimum fixed fee of 340 ADA and a variable fee per epoch. The Pool Operator can decide to add to the minimum fee but not go lower. The Pool Operator can choose freely how he/she will set the variable fee but it will usually range between 1-5%.
Average Costs: This percentage shows how much of your reward will go to the Pool Operator for creating your blocks.
Pledge: The amount of ADA the Pool Operator himself has put into the Pool. This is a factor that very slightly contributes the reward outcome.
Blocks: This is the amount of blocks that the pool has produced so far in the current epoch.

Delegating with a Daedalus Wallet

Delegating with a Daedalus Wallet is pretty simple. Start with opening your Daedalus Wallet. Don't panic if the wallet takes some time to fully load, it has to sync with the blockchain and it's normal that that takes a while, if you haven't had your wallet open.

Once your Daedalus wallet is up to speed, you will see an overview of your wallet. On the left side, you can see a menu with 4 icons. To delegate, click on the second button in the list, this will bring you to the Delegation Center.

The Delegation Center will look like the screenshot below:

To delegate your ADA we first need to find a Stake Pool, let's click on "Stake Pools"in the menu above the epoch information to find one!

At first you will get the full overview of all 2500 Stake Pools currently running. This can be pretty overwhelming, you can use the "search stake pools" function to find our Stake Pool CAPEX.

The final step is very easy! Just click on the name of the Stake Pool you want to delegate too - a new menu will pop up with all the information about the Pool.

Let's have a closer look at the information that just popped up:

In the first line we have the full name of the Stake Pool, under the full name, we see the ticker, an abbreviation of the Pools name. Those random letters in small print under that? You can click on them to copy and then paste into a browser. You will get a list of websites that show statistics about the specific Pool that you selected. The Pool Operator can choose to give a small description of the Pool and add a website.

Saturation: While there is no max to the amount of ADA that can be staked in a Stake Pool, there is an amount of delegated ADA which is optimal. This point is called saturation. If more ADA is delegated to a saturated Stake Pool, the Return on Stake goes down for all delegators.
Rank: Daedalus ranks all Stake Pools according to the potential rewards.
Live Stake: This is the percentage of pledge and stake in the pool versus the total amount in the system.
Pool Margin: This is the Pool's variable fee. The Pool Operator can choose freely how he/she will set the variable fee but it will usually range between 1-5%.
Pledge: The amount of ADA the Pool Operator himself has put into the Pool. This is a factor that very slightly contributes the reward outcome.
Cost per Epoch: The fixed amount of ADA the Pool Operator retains from the rewards during each Epoch before distribution.
Produced blocks: This is the total amount of blocks that the Pool has produced during it's lifetime.
Potential rewards: This is an estimated amount of ADA you can receive per Epoch.

Now that we have a better understanding of what the information we are seeing means, you can choose a Pool that you like accordingly and delegate.

Use the green button on the bottom of the pop up to delegate!

Remember, it does take 4-5 Epochs (20-25 days) before you will receive rewards.

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