How To Receive Funds and Stake in Yoroi wallet

Step 1. First install the Yoroi extension and then Create a wallet. To create a new wallet, follow these steps.

Open the Yoroi extension in your browser and then select your language.

Step 2. Agree to the terms of use.

Step 3. Choose the simple option.

Step 4. This next step is for businesses. You can skip this step and enable it later if you want.

Step 5. Now that you have the basic setup out of the way, it's time to create your first wallet. Select the 'create wallet' option.

Step 6. Select 'Cardano' to create a wallet to hold your ADA.

Step 7. Select Create wallet.

Step 8. Name your wallet and enter your spending password. You'll want to save this password as you’ll need to enter it everytime you want to delegate or send ADA. Once you're done, click 'Create Personal Wallet'.

Step 9. It's time to create your wallet recovery phrase, also known as a mnemonic. Write this down on a piece of paper or keep it saved and backed up somewhere safe. If you ever lose access to your harddrive or computer, this phrase is used to recover your wallet.

You will be prompted to write down your seed phrase. After you have written your phrase down, click 'Yes, I’ve Written It Down'. You’ll then be asked to enter your phrase in the correct order on the next screen to verify you have recorded it correctly.

Step 10. Input your recovery phrase in the correct order to make sure you have recorded it correctly. Then check both boxes and click Confirm.

Congratulations! Your new Yoroi wallet is now setup.

Step 11. To receive funds with Yoroi click to the Receive tab and copy the address that's in the “Your wallet address” section. This is where you will have your Cardano (ADA) sent to in order to stake your funds.

Once your funds have arrived, you are ready to stake!

Step 12. Click to the Delegation tab at the top.

Type in our ticker 'MAJOR' into the 'Search By Id or Name' field. This will bring up MAJOR pool and allow you to delegate your ADA. Click the 'delegate' button to start the delegation process.

Step 13. Enter your Spending password, and then click Delegate.

That’s it! You are now successfully delegating to Major Pool.

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