Delegate
Deposit
Staking
Capacity
Cycle
Level

XTZMaster

The master chef of Tezos baking

Fee Structure

The final interpretation of the policy is owned by XTZMaster.

Basic Rate

12.5%

No minimum balance required for delegation
Power Rate

10% per delegation address

After delegated for 6 consecutive months *
Or 500,000 delegation or more **
VIP Rate

8% per delegation address

After delegated for 12 consecutive months *
Or 1,000,000 delegation or more **
 
* Delegation period must be consecutive
** Rate starts from the time the amount is reached

Risk-free Guarantee

You are in good hands!

Transfer-In Risk-free

If losing one cycle of reward due to snapshot timing, we give out the reward as the transfer recovery after 42 cycles of delegation transferring.

Transfer-Out Risk-free

From the time of transferring out from us, we guarantee to dispatch out the rewards deserved(7 cycles of reward in general), should it be recorded and scheduled on Tezos chain as in snapshots.

Accident Compensation

For any baking and endorsement rewards missed due to our failure to bake and endorse, we give out the corresponding reward as estimated on chain as compensation.

Delegate Process

Reward

Frequently Asked Questions

> Shall I bake Tezos myself or delegate to a baker?

To bake Tezos yourself:
Pros: get all rewards back
Cons: >10K minimum of balance, complexity of baking stabilisation; risk on private key/network protection; volatile baking right and rewards

To delegate:
Pros: no minimum balance requirement, get most of the rewards without the hassle of building your own infrastructure, reward compensation guarantee for missed baking and endorsement*(* upon different bakers' policy)
Cons: pay 8%-12.5% of the reward as service fee

> Any requirement on minimum amount to delegate to XTZMaster?

No. We don't have any restrictions on that, everyone is welcomed!

> When can I get my reward paid?

Although the rewards of your delegation will start to generate from the 8th cycle since you delegate to us, it is until the 14th cycle the reward will be unlocked and delivered to the bakers(us), thus you will be paid out right after we receive the reward from the Tezos system.

> Do I lose my reward when I transfer in to you from other bakers?

As Tezos system uses the snapshot taken 7 cycles prior to present to bake, your right to bake with us won't take effective until the 8th cycle, but you are still entitled for the baking rights with the previous baker for 7 cycles from the time you transfer out. Upon the policy defined by the other bakers, you might or might not lose rewards from them, please check with them for policy details.

> Do I lose my reward when I transfer out from you to other bakers or cashing out my balance?

We regret to see you go but we guarantee any benefit that our delegators entitled to receive. You will be still receiving 7 cycles of rewards, with the normal 5 cycles of delayed unlock/payout , which means the last reward you receive from us will be the 14th cycle since you leave.

> How are my delegations secured?

In a delegation, you hold the fund yourself and we are not touching your fund at all, so please make sure you keep them safely. (read more)

> I'm interested in security of your baking system.

Safety and stability come first. We put tons of effort to ensure the best practice applied in our infrastructure to protect the interest of our customers, from standalone high performance servers, fault tolerance network structure, hack-proof IP protection.

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