I’ve had my ADA staking in Yoroi for about a week now. But the balance of my ada hasnt changed once. Not my rewards, just my general ADA balance. Im wondering if this is normal, maybe it i wont see any changes until the epoch when I receive my first rewards…
Any advice would be great.
I get that about the staking rewards, but i thought the balance of my ada fluctuated with the market. So say I had 1000$ worth of ada, and ada’s value went from 3.50 to the 3.25 my 1000 would decrease accordingly
Ok. That’s your ADA balance. It displays how much ADA you own.
ADA is not related to USD. You need to get the market price and calculate it yourself. Like getting the current ADA price from coingecko: https://www.coingecko.com/en/coins/cardano
That number is the number of your coins… the number will be the same even ada price is fluctuating … because the number of coins will be always the same… it will change only if u add/remove coins to/from the wallet