Staking your wallet
This section covers the operations for staking your wallet on the Cardano network.
Register stake key
When registering a stake key with the Cardano network, a deposit of 2 ADA is required. This deposit acts as a pledge and is temporarily deducted from the wallet balance
const tx = await lucid
.newTx()
.registerStake(rewardAddress)
.complete();Delegate to a stake pool
Delegating to a stake pool involves associating your stake key with a pool identified by its unique ID
const tx = await lucid
.newTx()
.delegateTo(rewardAddress, "poolabc...")
.complete();Register and Delegate to a stake pool You can combine both registration and delegation into a single transaction
const tx = await lucid
.newTx()
.registerAndDelegateToPool(rewardAddress, "poolabc...")
.complete();Withdraw rewards
Allows the wallet holder to claim any rewards accumulated through staking. The rewards are withdrawn to the wallets balance
const delegation = await lucid.wallet().getDelegation();
const tx = await lucid
.newTx()
.withdraw(rewardAddress, delegation.rewards)
.complete();Deregister stake key
Deregistering a stake key will reclaim the 2 ADA deposit initially taken during registration.
const tx = await lucid
.newTx()
.deRegisterStake(rewardAddress)
.complete();You can query the reward address (stake_...) associated with your stake key:
const rewardAddress = await lucid.wallet().rewardAddress();