Tezos Validator  XTZ
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.
tz2FCNBrERXtaTtNX6iimR1UJ5JSDxvdHM93
Validator address
Copy
4%—8%
Expected reward rate
15%
Commission
Every cycle
Payout frequensy
~3 days
First payout occurs after 7 cycles (~21 days)
None
Unbonding period
Frequently Asked Questions

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.
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