Your tokens never leave your wallet.
We are posting your security deposit for you, so you are baking with your entire balance.
The estimated annual rewards rate for staking on HappyTezos is around 5.5%.
Happy Tezos Bond Pool is for Tezos investors, who want to join us in providing bonds (safety deposits). Bonds are needed when we are baking or endorsing blocks. In return we are getting block and endorsement rewards (and transaction fees).
Our long term estimation for bond pool members return is around
9.5% ±2% per annum (annual return/yield)
Returns are significantly higher in the beginning.
Current average realized ROI (Return On Investment) per cycle is around
Around 80% of all Tezos tokens are currently actively participating on creating new blocks (either by baking or delegating).
Every earned XTZ will be distributed between our delegators, our bond pool members and Happy Tezos team. Based on the current 15% service fee, and our 50/50 fee split - distribution will look like this :
Plain and simple - you are not paying any!
On the contrary, we will pay you for the bond pool participation - based on the fee schedule stated above. Did we mention, that you are automatically baking with your whole bond pool balance (including all your frozen rewards)?
In order for us to use your tokens for sharing our bonds, tokens need to be stored in our delegation account. This is similar to having tokens on the exchange versus having tokens in your own wallet. You are free to withdraw all or some of the funds at any time by requesting a withdrawal.
If you delegate to us during the cycle 216, we can start baking for you in cycle 223.
Don't waste the time and delegate now!
You will keep 85% of all the rewards we receive from your delegation starting at cycle 223 and onwards.
Delegation rewards will be paid every cycle. For example:
Safety deposits (bonds) percentage will increase linearly over the period of 6 months from 0% to target 8.25%. This means, that for the first couple cycles this percentage will be very low. Another aspect that affects needed safety deposits is the percentage of tokens, that are actively participating in creating blocks. With more tokens actively participating (baking or delegating) less safety deposits will be needed. We are calculating our required safety deposits for you.Posted by Andrew
If Happy Tezos becomes over-delegated, we will apply the first-come first-serve principle. In that case you will be able to check on this site whether you qualify for a payout during a given cycle. You can of course change your delegate anytime you want.Posted by Andrew