When staking Tezos (XTZ) you are supporting the network with the additional benefit of compounding your XTZ!
Staking XTZ is the process of holding XTZ "stake" to partake and support the operations in the Tezos network. In order to be a "Validator" (or as it is called in the tezos community "baker") and participate in these operations, one is required to maintain a server running continuously, technological knowhow, experience, and have a significant self-bond (surety bond).
This is where P2P Validator comes in, we allow XTZ token holders to forget about all the heavy lifting, i.e maintenance, surety bonds etc. by "delegating" their holdings to P2P to earn rewards. We accumulate users' stake and act as a major validation node, receiving and allocating staking rewards between our users pro rata to the delegation.
Users that chose to stake with P2P maintain full custody of their XTZ at all times and P2P will never have access to them.
The current APR for staking XTZ is 6.3% with a fee of 9.95%, if 1000 XTZ are delegated to P2P:
Reward: 1000*6.3% = 63 XTZ
Fee = 63*9.95% = 6.2685 XTZ
Estimated balance after 1 year = 1000+63-6.2685 = 1056.7315 XTZ
By simply delegating my 1000 XTZ as I hold it, I will have supported the network and earned an additional 56.7315 XTZ after 1 year.
Please keep in mind that the APY specified are approximate and changes along with network conditions.
For more information on staking Tezos (XTZ) with P2P Validator and our special offer for large XTZ delegations, visit p2p.org/tezos.
For additional staking support, visit the P2P Tezos support center.
You may also be interested to read:
You can also get in contact with our community on telegram or with a live agent by selecting the speech bubble on the bottom right of this page.