Staking ADA Seems Too Good to be True?

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Staking

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My plan is to hold ADA in a Cold Hardware Wallet (Ledger Nano S) Permanently in the most secure way possible. I bought it thinking I can just throw it in a real safe and store it.

So I got connected on Yoroi, and it turns out I can delegate Items to Stake in a pool.

The catch is, this seems to good to be true?

When I delegate my Cardano, say I use like half of what I have, to stake, what’s the catch? I see the fee, I’m OK with that, but couldn’t my ADA get hacked now it is on Yoroi?

I tried my best to search but I found no results.

So, what’s the Catch?

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Posted: 3 years ago
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