Multi-Token ISPO and Rewards
The ISPO leverages Cardano’s native stake pool infrastructure and delegation mechanism to enable a fair public token launch.
To participate in the ISPO you will need to:
The easiest way to buy ADA is through a centralized exchange. Exchanges available to you will vary based on the country you live in. Below is a list of some of the bigger exchanges.
Get a personal crypto wallet that can hold ADA and that allows you to delegate your ADA. Some popular wallets for ADA include Eternl or Nami (before downloading any software always confirm you are using the correct site). Safely store your private keys, or spending password. Losing your keys means losing your funds forever.
Open your personal crypto wallet and delegate to one of the four GENS stake pools. Follow the delegation instructions unique to your wallet of choice. For Eternl, click on the “Staking” tab and under “Filter Pools” type in the name of one of the GENS pools in the search bar. Press the “Delegate” button and complete the transaction which requires a small Cardano network transaction fee. Confirm your delegation by going back to Eternl’s “Staking” tab where you should see the pool you are currently delegated to under “Delegated Pools”. On the “Account” tab in the “Rewards History” section, you’ll also see the pool listed for ADA staking rewards in upcoming epochs.