Tezos is a platform for smart contracts and decentralized applications that offers a formal governance process. It officially launched mid-September 2018. To learn more, please take a read through their whitepaper.
Tezos is a platform for smart contracts and decentralized applications that offers a formal governance process. It officially launched mid-September 2018. To learn more, please take a read through their whitepaper.
New blocks on Tezos are proposed by validators. To enable Tezos to run seamlessly, validators need the technical capabilities to offer a secure, always on infrastructure. Not everyone is able to do this. Some token holders participate indirectly by delegating the tokens they have to a validator. Validators are running a service for delegators. They typically charge a fee to cover their operational costs.
By delegating XTZ, you help secure the network. You get part of the rewards provided by the protocol for this assistance. If you are planning to hold on to XTZ for some time, delegating will help you accumulate more XTZ while contributing to the health of the network.
You are not giving away ownership of XTZ by delegating. As a validator, stakefish will never have the ability to move your XTZ.
The Tezos protocol penalizes any bakers that double-bake or double-endorse. This slashing only applies to the baker’s self-bond amount. Additionally, reward payouts are not conducted in protocol, so there is a risk that our off-chain distribution method could encounter a bug. Our own reputation, time, and efforts are on the line, so we are fully incentivized to do our best to prevent such events. However, delegators must be aware of these risks when they delegate.
The amount of delegation we can receive is determined by how much XTZ we bond on our baker. Delegated amounts above the limit will not contribute to the power of the baker. We will look to constantly increase our self-bond as delegations increase so that anyone can enjoy earning rewards for helping secure Tezos.
Our baker will receive the staking rewards initially. This will then be distributed according to each of our delegators’ stakes.
First payout occurs after 7 cycles (~21 days) after you have staked for your first staking rewards to arrive.
After you have received your first staking rewards, you will receive the subsequent staking rewards every cycle (roughly 3 days).
We charge 8% from the block rewards received by our delegators. For example, if a delegator receives 100 XTZ as a reward, stakefish will receive 8 XTZ while the delegator will get 92 XTZ.
Stay updated on the decentralized future
Get our bi-weekly newsletter, PoS Roundup, current news on the PoS ecosystem, and updates from your favorite validator.
Please Note: This calculator uses the current network difficulty and default pool fees to estimate PPS mining revenue. It should be used as a reference only, as actual revenue may differ.
Please Note: This calculator uses the current network difficulty and default pool fees to estimate mining revenue. It should be used as a reference only, as actual revenue may differ.
Hashrate
Revenue
/day
+
/day
≈ $
More Settings
Price
$
Difficulty
Rate
%
Miner
Hashrate
Power Consumption
Revenue (24h)
Daily Cost $/kWh
Unit Cost
ROI Period
Due to the recent development in local regulation, we will no longer be able to provide you with mining pool services. Your pending payout will be safe, and the final payout will be sent automatically as usual. If you have not filled in the payout address, please do so before 2021-12-30. We plan to shut down our services in mainland China, excluding Hong Kong, Macau, and Taiwan, by 2021-12-31 16:00 UTC. Please contact us with supporting documents if our system incorrectly identifies your country of origin.