Cardano has reached the third and final phase before the Shelley mainnet goes live: an Incentivized Testnet that all ada holders can join to earn real ada rewards. Rewards earned from the Incentivized Testnet will be transferred to the mainnet: the ada earned from delegating your stake are real and will be transferred to the mainnet when it goes live.
How can you take part?
The nov 29 snapshot has captured the value of your ada balance. This balance value – not the ada itself – will be copied over into the Incentivized Testnet. Using a special version of the Yoroi wallet, which can be found HERE, you can verify it is indeed available for staking. If so, just wait patiently and we’ll notify you as soon as stakepools go online!
Testnet staking for REAL ADA
The ada within the Incentivized Testnet can be used to delegate or to operate a stake pool. It cannot be spent and cannot be transferred out of the testnet. Once this phase is complete, however, the rewards accumulated within the testnet will be transferred to the mainnet, as a real, spendable payment: the ada earned on the testnet represents real money! You will be able to work out the approximate rewards for delegating a stake pool using a soon-to-be-released calculator on this page. Stay tuned for more news soon! View official announcement
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