 | 1. Exchanges are a HUGE target for hackers Not your keys, not your crypto. 2. Lockup Periods Binance locks up your Ada for set periods of time when you stake with them. Daedalus and Yoroi have ZERO lockup. You always have access to your funds. 3. Decentralization Yes, you can do slightly better with Yoroi or Daedalus in the right pool, but the better argument for delegating to a smaller pool shouldn't be about ROA, it should be that Cardano needs the small pools to exist. It’s very hard for the smaller pools to compete with Binance. Binance is destroying the single pool operators, and we need the single pool operators to exist for Cardano’s decentralization to be real. 4. Availability Binance isn’t always available. Sometimes we need to send Ada somewhere, and you can always do that if the Ada is in your wallet. With Binance, not so much. 5. Now what? Pick a stake pool to stake. Yes, the stake pool choices are overwhelming. Use a tool like pooltool.io, or adapools.org to help you choose a good one. I also recommend that you go with a pool operator that you can connect with over social media. There are many good ones around. It's important that you build a relationship with your pool operator!! That being said, I'd like you to check our pool STICK . We have a great mission. We are launching High Altitude Balloons to the stratosphere, we are actively donating $ to reforestation project and more. You will also receive a special NFT created by us. We are planning to bring the collection to NFT markets, so you have a chance to be the first to own CardanoFlowers. www.coruna.io Good luck! [link] [comments] |
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