Add minimum amount Ada warning before staking
Closed this issue · 3 comments
Request to add a warning or prohibit one from staking one's wallet below the minimum Ada staking limit.
Background: After onboarding a friend to setup a new Cardano wallet on ccvault, he sent about 3 ada to it. I showed him how to stake his ada, which turned out to be a 0.833 Ada internal transfer delegation fee, and then 2 Ada remaining. The 2 Ada does not appear in his total wallet amount, although the transaction appears to have taken on the blockchain. He's worried he lost his Ada. Upon a little research, I figured it was probably because the minimum amount of Ada in a wallet to stake is 10 Ada (although I can't confirm the source in spec). Perhaps consider adding a warning that your wallet amount is too low to stake, prohibit the action of staking, or display the 2 Ada in the wallet amount regardless but with a warning? For onboarding a newcomer, this was concerning to him he thought he lost his 2 Ada.
There is no minimum amount to stake. Daedalus and other wallets suggest 10 as the minimum, but that is not mandatory. As for the 2 Ada, that is not spendable while the wallet is staked. Your friend will get his 2 Ada back when he de-registers his wallet and leaves all stakepools.
Looks like there's a 2 Ada min delegation deposit, and then a 0.17 Ada transaction fee, per answers on Cardano Stake Exchange: What is the minimum amount of Ada needed to stake?. Feel free to add a comment there if that's incorrect.