In today’s video tutorial, we learn how to stake ADA to multiple stake pools on Cardano. We’ll be exploring the multi-stake pool delegation feature available in the Lace Wallet. This feature is quite handy as it enables you to allocate your ADA delegation amongst up to five different stake pools simultaneously.

By distributing your ADA this way, you can achieve a more balanced return, as it spreads across various pools. This not only aids in decentralizing your ADA by dispersing it across multiple pools but also supports smaller stake pool operators by extending delegation to them, promoting a more inclusive and diversified network.

We’ll guide you through the process of choosing stake pools and selecting them for multi-delegation. We’ll ensure you have a clear understanding of the deposits and fees involved, and ultimately, we will walk you through managing your multi-pool delegation effectively.

Our aim is to make this tutorial straightforward and easy to follow, so even if you are not tech-savvy, you’ll be able to navigate through the Lace Wallet features with ease and make the most out of your ADA delegation.

Remember, this tutorial is designed to be user-friendly and to clarify any doubts you might have about the multi-stake pool delegation feature, so feel free to pause, rewind, or rewatch any parts of the video until you feel comfortable with the steps involved.

Chapters 00:00 Intro 01:19 Staking with Lace 01:48 Picking a Pool 03:15 Shortlisting Pools 04:06 Confirming & Deposit 04:59 Checking & Managing

=== *** None of the information on this episode is to be considered as financial advice. All conversations and opinions are that of the guests and are intended for educational and entertainment purposes only. Please do your own research and understand that cryptocurrencies are volatile and risky. https://www.youtube.com/watch?v=Fq8FhvxET2k

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#cardano #ada #blockchain ... https://www.youtube.com/watch?v=95FwL4rupSc