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

Learn Cardano

Publisher: Youtube

Published: Feb 16, 2024

Description:

language:en;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. πŸ’° Support the channel πŸ’° πŸ”’ Get a hardware wallet! πŸ”’ Get yours here: https://learncardano.io/keystone πŸ’³ https://learncardano.io/ledger Delegate to Our Stake Pool Search for the pool ticker ADAOZ https://cardanode.com.au πŸš€ Join this channel to get access to awesome perks! 🌟 Become a member now: https://www.youtube.com/channel/UCj-_2e7L2UgHaJLrGEOJRzA/join Members get: πŸ•’ Early access to all content πŸŽ₯ Exclusive members-only videos Thanks for your support! πŸ™ŒπŸŽ‰ === *** 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 === Subscribe to the audio podcast: https://bit.ly/learncardano-spotify https://apple.co/3jEPM8C https://bit.ly/learncardano-googlepodcasts https://learncardano.io/ Follow on Social: https://twitter.com/learncardano https://discord.gg/aAcjtaVv9V https://facebook.com/learncardano #cardano #ada #blockchain;Entertainment;cardano ada;learn cardano;cardano defi;cardano news;ada news update;ada news;cardano updates;latest cardano news;Cardano News Update;fluid tokens boosted stake;fluid tokens;fluid tokens cardano;boosted staking;boosted stake;fluid tokens ispo;nft borrowing;cardano staking;fldt token;nft lending;delegation lending;stake lending;ada lending