Happy Tezos
Tezos Delegation Service
Happy Tezos Service
Secure
Your tokens never leave your wallet.
Profitable
We are posting your security deposit for you, so you are baking with your entire balance.
Anonymous
No sign-up is required.
Transparent
Dashboard is available to all delegators and bond pool members.
Happy Tezos Delegate Address
You can check your rewards in our Dashboard
Happy Tezos Bond Pool
What is it about?
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
12.5% ±2.5% per annum (annual return/yield)
Returns are significantly higher in the beginning.
Current average realized ROI (Return On Investment) per cycle is
17% per annum (annual return/yield)
Because only ~57% Tezos tokens are currently actively participating on creating new blocks (either by baking or delegating), we have an opportunity to bake ~1.75 times more blocks. This also means ~1.75 times more rewards per cycle.
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 :
- 85% of the rewards go to Delegators
- 7.5% of the rewards go to Bond Pool Members
- 7.5% of the rewards go to Happy Tezos team
What about the fees?
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)?
Wait a second! What's the catch?
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.
Can I get more information?
Of course! You can contact us via email at [email protected] or HappyTezos Twitter.
Happy Tezos Delegation Service Fees
Current Cycle
If you delegate to us during the cycle 45, we can start baking for you in cycle 52.
Don't waste the time and delegate now!
Current Fees
You will keep 85% of all the rewards we receive from your delegation starting at cycle 52 and onwards.
FAQ
Rewards Payout Schedule - UPDATED!
2018-07-21Delegation rewards will be paid every cycle. For example:
Why are we not over delegated?
2018-07-07Safety 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 AndrewOver Delegation
2018-07-05If 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 AndrewI want to know more about baking!
Perfect! We have just the image you need!
Courtesy of Tezos Korea Community. AWESOME work guys!
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About Us
HappyTezos was founded by Andrew Paulicek.
You can always contact us on email [email protected]
Our servers are located in EU (two different physical locations). We have separate front-end nodes and baker nodes servers. We are using multiple Ledger Nano S for keeping the private keys safe.