Hey guys, just a little update to say that the bakery i'm delegating with has reduced the mini delegation to only 200 XTZ.
Check them out, they are in New Zealand, no Covid19, no nuclear generated power, one of the highest level of renewable energy.
8% fee, payement every cycle after an initial 7 cycle wait.
Fee Structure
8% dynamic fees. We deliver 92% of the block, endorsement and transaction fee rewards deriving from delegated baking power.
Our process is designed to mirror the exact structure of the Tezos protocol. This means that calculations of delegated baking power are based on the actual roll snapshots used and the balance at that time. The snapshot used is randomly selected by the protocol to be one of any of the 16 throughout the cycle. Changing delegates in the middle of a cycle means you cannot be sure if the delegation change will take effect for that cycle or the next cycle. Changing within the first 256 blocks of a cycle will always result in a change of delegate for that cycle.
Payout Model
With the current economic constants of the Tezos protocol, baking power calculated in the snapshot of cycle N is used for baking in cycle N+7. Rewards are paid immediately in the cycle after baking, N+8, without waiting for unfreezing.
Delegation Capacity
In general the automatically calculated capacity listed for XTZ Antipodes on TzStats is accurate. If we have any deviations from this figure we will advise this here and other communication channels.
Additional Terms
At this time, we are restricting delegations to accounts between 200 XTZ and 300 kXTZ, except by prior arrangement.
All terms and conditions on this page are for the purposes of establishing user expectations, and are subject to revision. Making a delegation transaction does not represent a contract between the user and XTZ Antipodes.
Contact
Please feel free to send us an email, hang out in our Telegram channel, or follow us on Twitter.
https://xtzantipodes.org/cheers
