What is Boosted Staking? Earn ADA Lending Delegation w/ Fluid Tokens

02/17/2024

744 views

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.

See original video on YouTube

ORIGINAL SOURCE

https://www.youtube.com/watch?v=PtXmqaxt...

Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.