Stakin / Tezos Validator

Tezos

APR 5.46%
mainnet
Fees 10.00%
Public key(s)
tz1Vyuu4EJ5Nym4JcrfRLnp3hpaq1DSEp1Ke
Market Cap$4,413,392,554Price$5.1
RewardsEvery cycle (approximately 3 days on average)
APR5.46%
Lock-up periodNo lock-up; however, it takes about 7 cycles for a delegation to affect Tezos as per protocol rules. For example, 1 cycle is approximately 3 days; thus, new delegators only earn rewards 21 days after delegating their Tezos.
CompoundingCompounding is automated. Stakin distributes rewards every cycle on the delegator account. Rewards accrue on that account and are automatically delegated.
Slashing riskThere is no slashing risk for delegators on Tezos, only for the validator self-bond. Stakin has set a self-bond of around 20,000 XTZ. Please pay attention to the max capacity of the node before delegating, as Tezos requires bakers to maintain a self-bond ratio to maximize rewards. In case the node is over delegated, the staking APY will be less than optimal.
Learn about Tezos (XTZ)
Tezos is a Delegated Proof-of-Stake protocol (DPoS) featuring on-chain governance, decentralized upgrades without hard-forks, and Michelson smart-contract support. It is built using OCaml and puts a strong emphasis on formal verification to secure critical financial applications. Tezos was the first Proof-of-Stake blockchain with decentralized governance to launch in mainnet. Since then, it has attracted a lot of attention from institutional financial players and large corporations. Thanks to the brilliant work of Nomadic Labs, Tezos is very implemented in Europe and especially in the French blockchain ecosystem. It boasts proof of concepts with the Gendarmerie Nationale and companies like BNP Paribas. Yet, Tezos is also focused on other applications and permissionless Decentralized Applications (Dapps). Furthermore, the blockchain supports NFTs and DeFi with a growing ecosystem. As a DPoS protocol, Tezos has some specificity. One positive aspect is that there is no slashing for delegators. However, validators, also known as bakers in the case of Tezos, have to maintain a self-bond ratio if they want to accept as much delegation as possible. Due to our limited resources and demand for Stakin’s baking service, there is a high chance that our node is already over delegated. So please have a look at third-party services/explorers such as Tzstats or Baking Bad before deciding to delegate your Tezos to Stakin. For more information about Tezos, have a look at our blog: https://blog.stakin.com/tag/tezos/
stakinWhy stake with us?
• Stakin has been operating on Tezos Mainnet since December 2018, making it one of the oldest bakers still active • The company actively takes part in on-chain governance and votes on all key proposals • We offer dedicated support for all your staking, unstaking, and network-related questions
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