This might be a silly question but I was unable to find a straight answer. My question is where does the 500 Ada deposit get stored at? Is it stored in the treasury?
Deposits are just recorded on the ledger: they aren’t sent to an address as an output. See Transaction types - #7 by bwbush for a diagram and a link to the documentation.
What 500 ADA deposit? are you by any chance talking about registering your wallet to vote?
Nope, it’s about registering the pool
Thx for the resource.
I was worried for a minute
Hahaha, were you worried you accidentally spent ~$700 just to vote?