At any point you can change the pool that you have delegated your Cardano to and you are not penalized or have to go through unlock times like some other cryptocurrencies.
Should You Change your Cardano Stake Pool
In general if you pick a good pool at the start that you know and trust the only reason you should ever need to consider changing is if the pool is becoming saturated which means that there is too much ADA delegated to that pool so the rewards will start to decline. If your pool has an announcement channel or email list I would recommend signing up to it so you can keep up to date with any important pool information which saves you having to check the pool stats every epoch.
Below are some of the reasons you might want to change your ADA staking pool.
- The pool you are in is saturated
- You want to support another stake pool operator who is giving back to the community
- The pool you are in is not reliable and has too much down time
How do you change the Cardano stake pool you are delegating to?
Below is a video I done walking through how to change the stake pool you are delegating to. The process is very straight forward and only takes a few minutes.
If you are looking for a new reliable pool to delegate to then please consider my own pool CardanoWithPaul which has the tick PAUL.
If you have any questions let me know in the comments below this post or in the comments on the video