Cardano
$2.13 -5.56%
ADA · 5w

Someone help me with staking?

Hello all, Ive held a decent amount of ADA for a while and kinda forgot about it but now im asking myself why i havent been staking it to earn some rewards! I had a look on the deadalus wallet where i keep my ADA. And tbh im a little confused with all the different pools, like which one do you choose? If you choose the wrong one can you loose your ada? How do you know which one is right for you? Do you have to stake for a certain period of time? Etc etc etc Can anyone give me a simple dos and donts? Or explain it to me like im 5? Please and thank you
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