Is my ADA secured after I stake it in a pool?

What if I stake my ADA in a pool and the owner of the staking pool I’ve chosen runs awaywith my ADA?

or what if the staking pools gets hacked? Do I loose my ADA?

Hello,

Delegating your stake to a stake pool is 100% secure.

  1. You should never transfer ADA to a stake pool. If a stake pool asks you to send them funds in a transaction, please DO NOT PROCEED and report that to us.

  2. The delegation mechanism allows you to have full control over your funds. You delegate ONLY your right to participate in the protocol producing blocks. Thus, when you delegate to a stake pool, you only allow them to produce blocks on your behalf, but you NEVER give up control of your funds.

  3. When you delegate, your funds are NEVER locked, you retain full spending power over your funds at any time.

Happy delegation!

I will appreciate if u will support my project

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Dear
How can i support your project?

To delegate to my pool CHRTY

Cheers,

1 Like

CHRTY…
Your pool name
Ok i will follow your pool

2 Likes

Thank you for this clarification. Much appreciated

1 Like