FAQ's

• How to delegate Tezos (XTZ)?

  Delegating Tezos is very easy, secure and can be done within a few minutes directly inside the wallet. For specific instructions this guide is very helpful.

• How to bake Tezos independently?

  To bake Tezos idependently it is required to have at least 8,000 ꜩ, as the baking rights are assigned in rolls, where 1 roll represents 8,000 ꜩ.

  For the process it is required to run a Tezos Node as well as the baker & endorser client, which must be constantly connected to the power and internet.

  Security wise it is recommended to maintain the node with regular updates from the dev team and secure the funds in a hardware wallet.

• Which network metrics do the rewards depend on?

  The individual Tezos rewards depends on the Block Rewards, Endorsement Rewards, Block Time, Daily Network Rewards and Total Staked.

  Every block one staker is randomly selected to bake a block and 32 stakers are selected to endorse a block, whereas 1 staked coin counts as one “lottery ticket”. The selected stakers have the right to create or endorse new block and broadcast them network. The Baker then receives the block reward and the fees of all transactions successfully included in this block. The Endorsers receive the endorsement rewards.

  In our Staking Calculator you can play with the above mentioned metrics to understand the dynamics and create all kinds of reward scenarios.

• Is there a risk to stake Tezos?

  Delegating Tezos is very safe. The investor keeps control over his private keys and doesn´t send the coins to anyone. Delegating is just like voting, where the voting power is pegged to the number of coins currently held in the address.

  Baking Tezos independently may result in Slashing in case your node misbehaves in form of Double Baking or Double Endorsing.