131 Million ADA Delegated to Dead Cardano Pools, Not Earning

According to popular Cardano explorer Cexplorer there are over 131 million ADA currently delegated to retired stake pools, leaving thousands of delegators without staking rewards. Cardano staking pools offer ADA holders a way to passively earn rewards for securing the blockchain by delegating their coins to network validators, all without locking up or losing control of their funds. Cexplorer recently posted on X that 59,025 delegators still have their ADA delegated to pools that have retired. Therefore, they are not earning staking rewards on their current delegations. According to Cexplorer data, 131.63 million ADA is still delegated to retired pools and the number of retired pools is given as 2,720.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to U.Today.