Cardano’s Staking Rewards to Increase by 30%

• Pro-Cardano content creator announces new Staking Basket feature.
• Stakers can earn 30% more on their ADA using the new staking solution.
• Cardano’s Staking Basket is a tool for furthering the blockchain’s decentralization.

A pro-Cardano content creator on YouTube revealed a new feature on the blockchain that could let ADA stakers earn up to 30% more staking rewards through the protocol’s Staking Baskets.

Speaking with Cardano founder Charles Hoskinson and Tim Harrison, EVP of Community and Ecosystem at Input Output, the content creator mentioned that Cardano devs have found a way to achieve this extra reward by using the Staking Basket smart contracts.

The three Cardano figures met at the Rare Evo 2024 event in Las Vegas. During their discussion, the YouTuber explained to Hoskinson and Harrison that his dev group has built a solution into the Cardano Staking Basket smart contract where users can deposit a minimum of 10 ADA and potentially earn 15% more ADA compared to those not using the solution.

In the discussion, the Cardano dev told Hoskinson and Harrison that he and his team members had been working on the project for about a year; many of the…

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