9.95% fee - Reward payments every 7 cycles
In Tezos ecosystem “miners” are called bakers, while we refer to the new block creation process as baking. Block creator is selected randomly between XTZ holders, so the highest stack has increased chances to bake a block and get a reward.
Yes! You can try and deploy a network node yourself or simply delegate rights to us. Note that running your own node requires you to be tech-savvy and ready to spend more than $10 000 on equipment and operations, plus token costs, and have to keep an eye on the infrastructure 24/7.
We take 9.95% static fee from rewards you receive via block rewards, endorsement rewards, denunciations and transaction fees.
Payments are done automatically at the end of each baking cycle as soon as Tezos blockchain unfreezes earnings, which usually happens after 5 cycles. Each cycle lasts while 256 new blocks have been generated. Note, that it also takes in avg. 7 cycles for a full delegation to happen.
Follow the step-by-step guide above and remember that upon delegation you still retain all ownership rights and don’t have to send your tokens to us. There’s a range of wallets that supports XTZ as of this writing, so choose one that offers easy-to-follow delegation.
Not at all. You still can spend or transfer your XTZ as well as move your stake to another provider anytime you want. Blockchain makes an account snapshot from time to time, and the total sum of Tezzies delegated reflects in such snapshot affecting your stacking reward percentage.
We take security of your assets as the top priority for P2P Validator. Our infrastructure have already certified by CYBER3 independent auditor. We encourage any other third-parties to perform our infrastructure audit to ensure in assets protection.