How to claimed rewards from staked ADA
How to claimed rewards from staked ADA
I staked some ADA to a pool using Yoroi and I tried claiming the rewards. Initially I couldn’t figure out where the rewards went. However I found that under ‘Receive’ then ‘Reward’ section, there is a reward address. But how (and where) do I swap it for stable coin? The multiple addresses on Cardano is kinda confusing if you are used to Metamask.
Samuel Goldenberg Answered question March 6, 2023
Most wallets have option to withdraw stake rewards. (Yoroi)
Other wallets automatically withdraw rewards when you do transactions like the Daedalus wallet
There are not many benefits of withdrawing your rewards. You can already use it as if the amount of ADA was in you wallets.
Samuel Goldenberg Answered question March 6, 2023