Approximate Example: Delegated Tez of 100,000 could earn an average of 460 Tez per month during this promotional time period.
Currently, we do not expect transaction fees to be a meaningful source of income. Since the beginning of the Tezos blockchain, as of July 7th, a grand total of only 25.9 XTZ have been generated from fees for the WHOLE Tezos ecosystem. That would be like every Tezos owner getting .000000034 Tezzies as a fee split. This is because transactions currently work just fine with zero fee because baking and endorsement rewards dominate node incentives. If transaction fees start to become meaningful, we will certainly consider incorporating larger fee sharing into our payment structure.
*This promotional rate will be reevaluated on an ongoing basis depending on baking results and capacity of delegation bonds.
This payment goal may or may not be achieved due to unforeseen variables, but this goal is what we strive for. 5.51% assumes an average of 60 second block time and all blocks endorsed at top priority. If, for example, the average block time ends up being 66 seconds, this would cut the year 1 inflation down from 5.51% to 5.01%, then further cut down due to lower endorsement rewards to perhaps 4.8%. Delay between block times is out of our control and we must adjust our payout goal according to the actual network performance, not the hypothetical max.
By using this "fixed rewards goal" payment method, CryptoDelegate is able to dramatically increase your earning stability and predictability. This method of calculation makes our client's rate of return much more stable since it relies much less on daily baking fluctuations. Our current non-promotional goal rate is set at "90% of Actual Total Blockchain Inflation" which currently is estimated at 9/10 * 5.51% = ~5%.
Please Note: We have a limited supply of bonds therefor we also have a limited number of Tezos we can accept for delegation. Once we get to the point where the amount of delegated Tez exceeds our ability to host bonds, we can no longer accept new customers. You may not earn anything if you have delegated to us too late and our bond is insufficient to cover your delegation. You will then be placed into a waitlist until either our bond increases or someone else leaves our delegation service. Fixed payments can not be guaranteed. Actual baking results will vary and CryptoDelegate can not pay out more than it bakes. Year 2 may be different since the Max Global Tezos Inflation Rate will drop to approximately 5.22%
((763m + 42 + 42) / ( 763m + 42)) - 1 = 5.22%
Please Note: CryptoDelegate.com and CryptoDelegate LLC is not a crypto token exchange. We do not provide any method of purchasing, selling, or trading any type of blockchain coins or tokens. We also do not give any financial advice or recommendations. Invest in crypto currencies at your own risk. Our payment system is on a closed loop. This means we do not have any means of receiving or transferring tokens from a client to a third party or visa versa. Dividend payments can only be sent to the original delegator. We do not store crypto tokens on behalf of our customers. Any tokens that we generate and hold in our hardware wallets is property of CryptoDelegate. Token ownership transfer happens immediately upon the Tez tokens being sent and recieved from CryptoDelegate to the client. If you wish to transmit crypto-tokens to a third party, you must send directly from your personal wallet or use some other method.