Documentation
Learn how to use ORMR Stake to create pools or stake your tokens
Overview
ORMR Stake is a staking platform built on Cardano that allows anyone to create token staking pools or stake tokens to earn rewards.
1%
Deposit fee
0%
Withdrawal fee
~8.5 ADA
Pool creation + treasury fund
For Pool Owners
Creating a Pool
- 1 Connect your wallet and navigate to Create Pool
- 2 Enter pool details: name, description, and token to stake
- 3 Set the annual yield rate (APY) and minimum stake amount
- 4 Sign the transaction to create your pool (~8.5 ADA + 1% of funded tokens)
- 5 Fund the treasury with reward tokens to activate the pool
Managing Your Pool
- Add more tokens to the treasury anytime
- View staker statistics and treasury analytics
- Pause or close your pool when needed
For Stakers
How to Stake
- 1 Connect your Cardano wallet
- 2 Browse available pools and select one
- 3 Enter the amount you want to stake
- 4 Sign the transaction to stake your tokens
- 5 Watch your rewards grow in real-time!
Frequently Asked Questions
What tokens can I stake?
Any Cardano native token can be staked. Pool owners specify which token their pool accepts when creating it.
Is there a lock-up period?
No. You can withdraw your staked tokens at any time with no lock-up period and no withdrawal fees.
How are rewards calculated?
Rewards accrue based on the pool's APY rate. Formula: (Staked Amount x APY x Days Staked) / 365. Rewards are calculated in real-time.
What happens if a pool runs out of rewards?
Your staked tokens are always safe. If a pool's treasury is depleted, you can still withdraw your stake. The pool owner must add more rewards for stakers to claim.
What wallet do I need?
Any CIP-30 compatible Cardano wallet works. Popular options include Nami, Eternl, Flint, and Gero.