How to Stake Sentinel (P2P) on Daedalus
Daedalus may not directly support P2P staking, but you can still use Daedalus to buy P2P and transfer it for staking.
Current APY
12.8%
Price
$0.0002
Platform Fee
No
Platform Type
wallet
Step-by-Step: Stake P2P on Daedalus
Install Daedalus
Download and install Daedalus from its official site. Set up a new wallet or import an existing seed phrase, and back up your recovery phrase securely.
Fund the wallet with P2P
Buy P2P on an exchange (Coinbase, Kraken, Binance) and withdraw to your Daedalus address. Double-check the network before sending.
Open the staking section
In Daedalus, navigate to the staking or earn tab for Sentinel. Pick a validator — look for low commission, long uptime, and avoid the top validator to support decentralization.
Delegate and confirm
Enter the amount of P2P to stake and confirm the transaction. Rewards typically begin accruing in 1–2 epochs and compound automatically or are claimable from the same screen.
Daedalus for P2P Staking: Pros & Cons
Pros
- + Full node — you validate the chain yourself, no trust required
- + Direct delegation to any of 3000+ Cardano stake pools
- + Liquid staking — your ADA is never locked, withdraw any time
- + Stake pool ranking with saturation and pledge data
Cons
- - Downloads ~10GB+ of blockchain data and takes hours to sync
- - Desktop only — no mobile app
- - ADA-only; no other chains supported