In order to understand how staking works, you need to understand PoS, a type of consensus algorithm. A consensus algorithm is a consensus method (rule) for recording transactions on a blockchain.
Bitcoin uses a consensus algorithm called Proof of Work (PoW), in which the first miner to complete a complex calculation gets priority for block creation. This has been criticised as requiring high-specification servers to perform calculations faster, consuming a lot of hardware power, making it difficult to scale, and being environmentally unfriendly.
Recently, a new consensus algorithm, Proof of Stake (PoS), has emerged as a mainstream solution to the disadvantages of PoWs: PoS considers the amount of tokens held as one of the criteria for block creation, giving priority to those with the highest amount of stake.
One of the most popular PoS-based cryptocurrencies is Cardano (ADA).

Proof of stake is a type of consensus algorithm in cryptocurrency blockchain networks, where the more cryptocurrency you hold, the more likely you are to get approval for a transaction (the right to connect a new block to the blockchain). The more cryptocurrency you hold, the more likely you are to get approval for a transaction. As more users secure their "holdings", the decentralisation of the blockchain is accelerated. It is also being evaluated as an ecosystem and is beginning to be recognised as the next generation of algorithms to replace PoW.
A simple comparison is as follows

The advantages of staking include the following

• There is a minimum volume requirement, but no upper limit on the volume of holdings.
• There is no need for lending and no possibility to lend, as in the case of lending services
• Your virtual currency holdings are not locked, so you can sell or transfer them at any time
• No fixed term commitment
• Diversified management of funds and assets.
• Short reward cycles, e.g. weekly rewards

Disadvantages of staking include the following

• Only a few stocks are covered
• Compensation is not constant
• A fall in the price of the virtual currency itself

You can earn incentives by holding ADA Coins and participating in Cardano Staking.
You will earn reward ADA based on the amount of staking you hold. All you have to do is register for staking and then you can leave it alone to grow your crypto assets.
Furthermore, the staking itself will contribute to the decentralization of Cardano and the further development of Cardano.
And if the price and value of Cardano (ADA) increases even more than it already has, the value of the ADA saved in rewards has the potential to grow many times over!
Cardano (ADA) is one of the most promising assets among many cryptocurrencies (crypto-assets). For more information, please refer to our " Cryptocurrency (Crypto Asset) Summary and Thorough Comparison, Currency Features and Future Prospects " here.
Cardano (ADA) staking features are as follows

• ADA HOLDINGS CAN BE STAKED FROM DEDICATED WALLETS (DAEDALUS, YOLOI).
• YOU WILL RECEIVE AN ADA AS A STAKING REWARD FOR EACH EPOCH (5 DAYS).
• An epoch is a unit of Cardano time, equivalent to a day or a week, and one epoch is five days.
• STAKING IS AVAILABLE FROM 10ADA.
• THE ADA YOU HOLD IS UNDER YOUR CONTROL (IN YOUR POSSESSION), SO THERE IS NO LOCK ON YOUR ASSETS.
• Staking is simply registering a pool to be staked against the blockchain.
• You can make deposits and withdrawals freely while staking.

Staking can be started by simply placing your ADA in a dedicated wallet, the Daedalus Wallet or the Yoloi Wallet, and delegating it to a staking pool. The Yoloi Wallet also has a smartphone app, so you can easily do staking from your smartphone.
It only takes a few clicks to complete the process and you will be rewarded for every epoch (5 days) that your staking pool generates blocks. For more detailed instructions on how to stake, please click on the links below with screen captures, or use methods 1 to 3 whichever suits you best.

1. 1. Staking from Daedalus Wallet
   2. Staking from Yolo Wallet
   3. Staking from your phone

If you don't have an ADA yet, you can find out more about it in the same way in the " How to buy a Cardano (ADA) " section here, so you can buy an ADA and start enjoying staking.

Here is a site and a method to calculate how much you can earn per year by staking. (This calculator is for reference only)

Staking calculator

• SELECT "DELEGATE MY STAKE" IN THE MIDDLE OF THE PAGE TO START CALCULATING YOUR REWARD.
• Enter the amount of ADA you wish to calculate in the "ADA amount" field.
• If you enter 3), the system will automatically calculate and show you the Yearly and Delegation rewards (%).

This time we have calculated the reward for delegating 10,000 ADA. The result is an annual remuneration of 460.825742 ADA, which results in a remuneration rate of 4.6083%.
If you simply hold cryptocurrency (crypto asset), you can only profit from the value and price fluctuations of the cryptocurrency itself, but with ADA, you can not only hold it, but also increase ADA itself by staking. But with ADA, you don't just hold it, you can increase it by staking it. We hope we can be of some help to you in your staking life.

In this way, we have explained how beneficial cryptocurrency (crypto-assets) staking can be as a new method of asset formation and earnings. Of course, you can continue to manage your assets as you have done in the past, but diversifying your investments is a very effective way of managing your assets from a variety of perspectives, including the risks of centralized management, investing in assets that have the potential to generate even a small amount of income, and establishing a sustainable income model for the future.

Among the staking companies, Cardano (ADA) is the one with the highest potential. It has risen to the top of the market capitalisation rankings. Cardano (ADA) can be staked in the ADEN pool. The ADEN Pool has also launched a program to share the joy and bonus rewards of block generation milestones with its delegates!
In addition to the regular staking rewards, you will also receive regular bonus rewards. For more information, please refer to the ADA Bonus Program.

Staking Rewards, which provides information about staking, shows the quantity staked in terms of dollar value. At the time of this writing (July 4, 2021), the number one stake is Cardano (ADA), well ahead of the number two stake, Ethereum 2.0 (ETH).
The volume staked in the Cardano (ADA) network is worth over $33 billion, and the current staking volume has grown to over 74% of the current supply. This alone shows just how much interest Cardano (ADA) has generated.