Cardano
$0.34585 16.90%
ADA · 2w

Need help understanding staking terms and how to select a pool.

New Cardano member here. Please forgive my ignorance as I’m new to crypto and haven’t had experience staking before. Im currently trying to stake through Yoroi. My understanding is that when you delegate to a pool, you essentially delegate your stake of ADA to the pool for voting in the validation and creation of the blockchain. Is that correct? When I go to delegate, I’m a little unclear on what the terms mean...Can someone please help explain what ROA, pool size, cost, and pledge mean? Is there any risk with delegating? Is there anything to look for or stay away from when selecting a pool?
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