> For the complete documentation index, see [llms.txt](https://docs.geniusyield.co/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.geniusyield.co/ispo/ispo-participation-and-gens-rewards.md).

# ISPO Participation and GENS Rewards

How to participate in Genius Yield's ISPO and be rewarded with GENS token?

The ISPO leverages Cardano’s native stake pool infrastructure and delegation mechanism to enable a **f*****air public token launch*****.** 

{% hint style="success" %}
**The more ADA you delegate and the longer you delegate to the ISPO, the more you will earn GENS tokens.**
{% endhint %}

## ISPO Participation Requirements

To participate in the ISPO you will need to:

1. [<mark style="color:blue;">Own or buy ADA</mark>](#buy-ada)
2. [<mark style="color:blue;">Have your ADA stored in a Cardano wallet</mark> ](#create-a-cardano-wallet-and-transfer-your-ada)
3. [<mark style="color:blue;">Delegate to Genius Yield's ISPO stake pools</mark>](#undefined)

### Buy ADA

The easiest way to buy ADA is through a centralized exchange. Exchanges available to you will vary based on the country you live in. Below is a list of some of the bigger exchanges.

* [<mark style="color:blue;">Coinbase</mark>](https://www.coinbase.com/)
* [<mark style="color:blue;">CoinbasePro</mark>](https://pro.coinbase.com/)
* [<mark style="color:blue;">Kraken</mark>](https://www.kraken.com/)
* [<mark style="color:blue;">Kucoin</mark>](https://www.kucoin.com/)
* [<mark style="color:blue;">Binance</mark>](https://www.binance.com/)
* [<mark style="color:blue;">Crypto.com</mark>](https://crypto.com/)

{% hint style="warning" %}
Please verify that the exchange you are using is allowed in your country (or state for US residents).
{% endhint %}

### Create a Cardano wallet and transfer your ADA

Current popular Cardano wallets are [<mark style="color:blue;">Yoroi</mark>](https://yoroi-wallet.com/#/) and [<mark style="color:blue;">Daedalus</mark>](https://daedaluswallet.io/). We recommend using Yoroi as it is the most user friendly.

Our ISPO partners, [<mark style="color:blue;">MAESTRO</mark>](http://www.maestro-pool.com/index.html), have created a *step-by-step tutorial* on how to create a Yoroi wallet and delegate to a stake pool.

&#x20;:arrow\_forward: [<mark style="color:blue;">Yoroi Wallet Step-by-Step Guide</mark>](http://www.maestro-pool.com/blog/micro_blog_1/)

### Delegate to a GENS stake pool

1. Open your Yoroi wallet (mobile or browser app) and select `Delegation List`
2. In the search bar type: `GENS`
3. Pick from one of GENS pools below and click `DELEGATE`

{% hint style="danger" %}
**GENS5 is a fake pool! Do not delegate!**
{% endhint %}

| Pool Ticker | Type               | Status             |
| ----------- | ------------------ | ------------------ |
| GENS1       | 100% GENS          | Active - Saturated |
| GENS2       | 50% GENS / 50% ADA | Active - Saturated |
| GENS3       | 100% GENS          | Active - Saturated |
| GENS4       | 100% GENS          | Inactive           |
| GENSX       | 100% GENS          | Active - Saturated |

{% hint style="info" %}
Read more about the GENS4 pool deactivation [<mark style="color:blue;">here</mark>](https://geniusyield.medium.com/genius-yield-ispo-update-88021206726a).
{% endhint %}

{% hint style="info" %}
By delegating to the 100% pool, you will accumulate **twice** as many GENS tokens compared to the 50% pool. In the 50% pool you are only giving away 50% of your ADA staking reward and therefore accumulate only half of the possible GENS per epoch.
{% endhint %}

{% hint style="danger" %}
**DO NOT DELEGATE TO POOLS THAT ARE NOT LISTED ABOVE! THEY ARE FAKE GENS POOLS! GENS5 IS FAKE!**
{% endhint %}

{% hint style="warning" %}
**Do not delegate to a pool with more than 68.4 million ADA. This is considered SATURATED, and you will not earn GENS unless you delegated before the pool was saturated.**
{% endhint %}