Price: $0
Pools:
Epoch:
Slot: 152,138,631
Date: 03-04-2025

Articles

Cardano Shelley: Claiming ITN reward

Let's have a look at how to redeem ADA coins from the ITN.

Cardanians.io 10-08-2020, 06:35 · 3 mins read
Share this

If you have delegated ADA coins in ITN then you have earned ADA coins. In the article, we will show you how you can claim ITN reward. 

If you remember, you had to create a staking wallet in the ITN Daedalus wallet. You should have the wallet recovery phrase (SEED) that you have to use to get the coins. We expect that you already have a Shelley wallet. If not, then please create a Shelley wallet since you need to transfer the ITN reward to a Shelley wallet. You also need a spending password for your current Shelley wallet. Let’s have a look at the procedure.

1) I had installed Daedalus version 2.0.1. If you have the same version than the wallet will propose you to update to a newer version 2.1.0. Ensure that the currently installed Daedalus wallet is stopped. Then install the newer version.

2) You will find a special icon with a pig on the menu. Click the icon to get into a redeem center.

3) You need to insert a waller recovery phrase for the Incentivized Testnet. Then you have to choose a Shelley wallet to which ADA will be sent and that will also be used to pay the transaction fee. You can click to the Continue button after you confirm that you understand that you need to pay the transaction fee and that it will be taken from the destination Shelley wallet.

4) You need to provide a Shelley wallet password to be able to click on the Confirm rewards redemption button.

5) Wait a while till the transaction is processed. You will have redeemed your ADA coins once you see the dialog below.

As you can see, it was an easy process and you would be probably able to do it without the guide.

Source: Cardano Shelley: Claiming ITN reward

Author Cardanians.io
We are cryptocurrency enthusiasts, especially believing in Cardano. We are official ambassadors operating staking pool. We write articles, translate them and develop tools for the community.
Support the Author 🙏
Author´s StakePool
Pool ID
Read next

How Cardano pool operator fees work

The article describes the setting of the operator's fee within Shelley test-net....

Cardanians.io 29-07-2020, 11:35 · 10 min read

The Cardano Shelley era is about decentralization

Bitcoin is the first successful blockchain. It uses the PoW consensus algorithm that is permissionless but it does not scale well. The scalability issue is often solved by compromising the decentraliz...
04-08-2020, 10:01 · 23 min read · Cardanians.io

Cardano grows in important stats

It can be difficult for people to make a good estimate of a project's potential. There are a lot of false narratives floating around in the cryptocurrency space. In this article, we'll look at the sta...
22-04-2022, 10:35 · 34 min read · Cardanians.io

Can people trust Cardano's blockchain?

The adoption of cryptocurrencies will be generally difficult and one of the reasons is that it requires a change of people mindset. Surprisingly, adoption is about trust. Are we able to stop trusting ...
12-05-2020, 12:47 · 11 min read · Cardanians.io

Oracles in the Cardano ecosystem

Smart contracts technology has enhanced the abilities of blockchain networks and added programmability features. A trusted link between the digital world and the physical could be another such enhance...
14-01-2021, 15:03 · 14 min read · Cardanians.io