How to delegate?

  1. Open the XTZ wallet and click on ‘Staking’
  2. Click on ‘Bakers’ 
  3. Select a baker to delegate
  4. Complete password verification
  5. Staking complete

Tips: 

  1. The Tezos blockchain will calculate your rewards after 7 cycles. And the rewards are frozen together with the baker’s security deposit for another 5 cycles. After receiving the rewards, the baker will pay it out to delegators according to the payment schedule. 
  2. You can relegate at any time and the redelegation will take effect immediately.
  3. The tokens you delegated are not locked or frozen. You can spend them at any time and without any delay.
  4. Delegated XTZ are safe from misbehaviour of the baker. However, if the baker misbehaves, such as double signing or frequently being offline, the baker will not get any rewards and thus also will not pay out any rewards to their delegators. In order to avoid risks of losing potential rewards, please carefully select qualified validators.

 

How to redeem?

  1. Open the XTZ wallet and click on ‘Staking’
  2. Click on the baker you delegated to
  3. Redeem the XTZ tokens staked 
  4. Complete password verification
  5. Redemption complete

Tips:

Delegated XTZ can be redeemed at any time, the principal will be credited immediately. You will receive the reward according to the baker's payout schedule.