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 participate in 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, have technological know-how, experience, and a significant self-bond (surety bond).
This is where the P2P.org 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' stakes and act as a major validation node, receiving and allocating staking rewards between our users' pro rata to the delegation.
Users that choose to stake with P2P maintain full custody of their XTZ at all times, and P2P will never have access to them.
Example:
Let's assume the current APR for staking XTZ is 6.3% with a fee of 9.95% and 1000 XTZ are delegated to P2P.org:
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.
To find out today's APR and fees for XTZ, visit P2P Staking Rewards and fees.
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.org, visit p2p.org/tezos.
For additional staking support, visit the P2P Tezos Help Centre.
You can also get in contact with a live agent by selecting the speech bubble at the bottom right of this page, sending a message to the Telegram bot, or emailing [email protected].