Parameter

Value

Block duration

8 seconds

Finality time

16 seconds

Cycle duration

1 day (10,800 blocks)

Consensus rights delay

2 cycles (2 days)

Consensus key (de)activation delay

2 cycles (2 days)

Staking parameter changes

5 cycles (5 days)

Governance period duration

14 cycles (14 days)

Name

Link

TzKT

https://tzkt.io/

TzStats

https://tzstats.com/

Feature

Delegation

Staking

Delegation / staking activation time

~3 cycles (~3 days) – end of current cycle + 2 cycles, due to the consensus rights delay. Each additional amount delegated to the same baker also incurs this delay.

Instant

Unbonding time

Instant

4 cycles (~4 days) – end of current cycle + 3 cycles. During this period, your unstaked assets remain delegated to the same baker.

Re-delegating / re-staking activation time

~3 cycles (~3 days) – end of current cycle + 2 cycles. Undelegation is instant, but you still need to obtain new consensus rights for delegation with another baker.

4 cycles (~4 days) of unstaking period.

Reward frequency

The first rewards are assigned for cycle n+3 and distributed at the beginning of cycle n+4, where n is the cycle you delegated. Subsequent rewards are assigned for each following cycle.

The first rewards can be assigned during the same cycle in which you staked — block rewards are assigned instantly after your baker bakes a block, while attestation, DAL, nonce, and VDF revelation tips rewards are credited at the beginning of following cycle. Subsequent rewards are assigned for each following cycle.

Reward end time

You are eligible for rewards until you undelegate + 2 subsequent cycles after undelegation due to the consensus rights delay.

You are eligible for rewards until you unstake. During unstaking process your assets keep being delegated.

Auto-compounding

Yes

Yes

Slashing

There is no slashing risk as a delegator, only the risk of not being eligible for rewards.

Yes, if the baker double bakes or double endorses, stakers could lose a proportional amount of their stake. Such events are extremely rare.

Relationship between validator stake balance and rewards

Linear: More delegation to the baker means more generated rewards.

Linear: More stake with the baker means more generated rewards.

Baker self-bond (self-stake)

A baker’s self-stake must be 10% of the total delegation. Example: If a baker has 1M XTZ in self-bond, the total delegation capacity is 9M XTZ.

A baker’s self-stake must be 10% of the total stake. Example: If a baker has 1M XTZ in self-bond, the total staking capacity is 9M XTZ.

Validator active set

None

None

Question

Delegation

Staking

What is the delegation / staking process?

Your Tezos wallet is delegated to a baker, and all tokens in the wallet are delegated.

Staked XTZ assets remain in your wallet but are frozen by the Tezos protocol for consensus participation.

How is my balance computed for rewards distribution?

The protocol generates rewards rights at the end of cycle n for cycle n + 3, where n is the cycle in which you delegated.

Your current staking balance is taken into account for rewards distribution.

How do I monitor my rewards?

You can monitor your delegation rewards using Tezos explorers such as TzKT by entering your wallet address in the search box and navigating to the ‘Rewards’ section. We’re ready to equip institutional clients with dedicated dashboards.

You can monitor your staking rewards using Tezos explorers such as TzKT by entering your wallet address in the search box and navigating to the ‘Rewards’ section. We’re ready to equip institutional clients with dedicated dashboards.

Can I receive my rewards to a different wallet?

Typically, no. However, if your delegated assets are substantial, we may consider implementing such a feature.

No, rewards are sent directly to your wallet at the protocol level.

Do my assets move out to another wallet during delegation/staking?

No, the XTZ always stays in your wallet.

No, the XTZ always stays in your wallet.

Can I keep staking and unstaking from the same wallet?

Yes, you can adjust the amount by transferring tokens in or out of your wallet. Note that consensus rights delay may apply.

Yes, you can increase or decrease the staked amount at any time. Unlike delegation, you must manually add additional assets to stake.

Can I select how much of my wallet balance to stake?

No, all XTZ in a delegated wallet is delegated.

Yes, you can choose how much XTZ you want to stake.

How do I undelegate/unstake?

In a similar way to how you delegated. Undelegation is supported by most wallets and dApps that offer delegation.

In a similar way to how you staked. Unstaking is supported by most wallets and dApps that offer staking. You need to finalize the unstaking process after the unstaking period (4 cycles).

Can I unstake/undelegate part of the staked balance?

No, undelegation applies to the entire wallet. However, you can transfer part of the XTZ out of the wallet to reduce the delegated amount.

Yes, you can unstake part or all of your staked assets.