What is Boosted Staking? Earn ADA Lending Delegation w/ Fluid Tokens
Learn Cardano
What is Boosted Stake? Boosted staking allows users to lend ADA to the boosted stake platform to earn extra ADA in fees. Users are willing to borrow ADA delegation at a premium price to earn more rewards from Initial Stake Pool Offerings or other Cardano airdrops, which can potentially earn a user more rewards in the long run, compared to buying the ADA required to earn those rewards.
It is important to note that you are not lending or borrowing the ADA but rather the ADA delegation and the right to point that ADA delegation and earn the rewards from it.
Read over our tutorial and articles about Boost Staking and how to use it by lending ADA delegation or borrowing ADA delegation. https://learncardano.io/topic/what-is-boosted-staking-fluid-tokens/
Timestamps 00:00 Intro 00:15 Advantage of Boosted Staking 01:15 Lending ADA delegation, not the ADA itself 01:45 Upfront fee 02:01 Fluid Tokens Tutorials & Course 02:13 Boosted Staking Interface 03:34 Risks 04:19 Learn more
More Fluid Tokens videos and resources:
Full playlist: https://www.youtube.com/watch?v=yJ88XV5_CLw&list=PL2fWPJCv7fcCnn5iCZmd7rvLnI1MBitGu
Full course & tutorials: https://learncardano.io/courses/fluid-tokens/
Disclaimer: I am a paid Fluid Tokens Ambassador and love the project.
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