Installation of Daedalus Wallet
Daedalus wallet is a full node wallet that synchronizes with the blockchain. Synchronization is required to start using.
Click the Add wallet button at the bottom left of the screen to create a wallet.
Give the wallet any name you like.
Enter the spending password you want to set and proceed to the next.
The next screen will display a 24-word recovery phrase that you should write down on a piece of paper and keep in a safe place. A simple and secure storage method is never to store online or digitally. If you use online services such as password managers or encrypted databases, do so at your own risk.
Recovery phrases are the only way to recover your wallet if your PC is broken, stolen or stuck.
Understand that you can operate the ADA with the recovery phrase, and if you can see that no one is looking at the screen, proceed to the next.
The recovery phrase is displayed, so please write it down. Since this is a demo wallet, some captures are shown.
You will be prompted to enter recovery phrase to confirm that the content you wrote down is correct.
After having read, check the boxes and proceed to the next by pressing Confirm.
The wallet has been created.
It needs to be synchronized with the blockchain, so wait for a while until it is available.
Once available, deposit to the wallet address you can see on the Receive tab. For security reasons, multiple addresses will be displayed, but it doesn’t matter which address you send to.
How To Delegate To SUGAR Stake Pool Using Daedalus Wallet
After depositing 10 ADA or more in your wallet, press the red frame. Proceed to the delegation settings for the target wallet.
It will walk you through the steps. Please note that there is a small transaction fee at the end.
Wallet designation
Pool selection
Confirmation of delegation
Select the wallet you want to delegate and proceed to the next. A minimum of 10 ADA must be in your wallet.
Search for SUGAR in the red frame. Select it and when it is checked, proceed to the next step.
Check the following and proceed to the next.
Target pool name: SUGAR
Fee: 0.166513 ADA (varies slightly)
Deposit: 2 ADA
Enter your spending password
The selected content has been posted to the blockchain and has been delegated. The image shows a notification that it will take a few days (6 days and 10 hours 41 minutes in this example) for the content to be reflected.
Notice that the delegated pool name is now displayed next to the wallet.
Thank you for reading all the way to the end!
If you think it was useful, please help us and consider delegating to the SUGAR stake pool.
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