Why Should I Stake My ADA With Yoroi Wallet?
Yoroi wallet is one of the alternatives you have when staking your Cardano (ADA).
There is no mandatory reason why you should use Yoroi wallet.
In fact, when staking your ADA, you have other alternatives such as ADALite or Daedalus. If you click on either of those two links you will be taken to the guide for staking your ADA with them. However, this post is made for those who are specifically interested in Yoroi.
So what are the advantages of staking your Cardano in Yoroi Wallet?
Well, Yoroi is currently considered one of the best web wallets on the market.
It’s considered a light wallet, which means it is easy to use and does not require downloading and syncing with the blockchain as can happen with other wallets – it simply runs with a Chrome extension.
Being a wallet, when you create your account you will receive a 15-word password: write it down in a physical format and protect it! You will need it if in the future you lose access to your account and want to recover your ADA safely and quickly.