What is the minimum (lowest) amount of Ada needed to stake?
Could you have the delegation fee + 0.00001 Ada? Where is this referenced?
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2 Answers
There is an initial 2.17 ADA fee when delegating a wallet for the first time.
Here's the breakdown of that: 2 ADA deposit goes towards registering your stake address on the blockchain and ~0.17 ADA is the transaction fee.
Note: the 2 ADA deposit is refundable upon unstaking
Happy staking!
The 2 ADA (current configuration of "keyDeposit") comes from the mainnet genesis file.
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1This is great. Do you know the source of info for this, in the specs? Commented Jan 16, 2022 at 22:02
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There is no staking minimum, but there is a UTXO minimum. With current protocol parameters, any UTXO on Cardano must have a minimum of 1 ADA (minUTXOvalue).
So while possible in principle, there is currently no way to create a UTXO, and thus to stake, anything less than 1 ADA.
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Thanks. I helped onboard a friend to setup a Cardano wallet, had 2.83 Ada in there, had him setup staking. The .833 Ada delegation fee went thru, however the 2 Ada never appeared back in his wallet, although on the blockchain the transaction went thru. I opened up a ticket in ccvault wallet to perhaps fix this display or add a warning. github.com/ccwalletio/tracker/issues/68 Commented Jan 16, 2022 at 17:11
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Just to be clear - the staking certificate (delegation) fee is 2 ADA. Whatever is leftover in the wallet will then be staked, plus whatever you add to the wallet. If you'd like to receive the 2 ADA back you would have to de-register your staking key. Think of the 2 ADA as a deposit for staking that you will get back if you choose to unstake.– zheksonCommented Jan 16, 2022 at 17:15