Frequently asked questions
Ask us anything!
Most popular questions
We recommend delegating through Beacon chrome extension, after downloading Beacon, please go to this link and click on Delegate Now
It will ask you to pair your wallet with beacon, you can either pair it via ledger hardware wallet or via AirGap IOS/android Wallet. We Strongly recommend AirGap Wallet app/Air Vault app to EVERYONE who doesn’t own a ledger hardware wallet, since their two apps approach make it more difficult for malicious hackers to steal your keys.
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We are very committed to our delegators, we like to give the best personal treatment to them. But what really differentiate us, is that we follow the Objectivist philosophy, a philosophy to live on planet earth as Ayn Rand described. When making decisions in our governance platform We will always use objective thinking, reason based decision-making, we will never take anything by faith, dogma, emotive whims, that can result in the sacrifice of our rational self-interest or our delegators self-interest. Please come and talk to us about our governance voting philosophy in the telegram channel.
0 XTZ is the minimum delegation amount that we accept! Meaning, there is no minimum delegation amount requirement! Just keep in mind, that, if your balance is way too low, and the transaction fee required to pay your rewards exceeds the reward itself, you will not receive the reward.
Besides having the advantage of managing server security locally, we believe running our own hardware will further help to descentralize the network. We have a linux server, uninterrupted power supply, multiple ISP’s backup, hardware wallet, virtual private networks.
We distribute all the delegators rewards using TRD software, a very special thanks to Habanoz.
We use Kiln from Obsidian Systems as our baking software, a very special thanks to them as well.
Other popular questions...
We don’t add more cycles than what the protocol requires. The Tezos protocol requires you to wait 7 cycles for delegation to take effect, then another 5 cycles for reward unlock, so in total you would need to wait 12 cycles to receive your first reward, after that you will receive your reward each cycle.
No, delegation does not carry any risk for the delegator, we run all the risk for you. We have high security standards, even in the event of a security breach in our infrastructure, you keep ownership of your XTZ at all times.
No, we are not a scam, integrity is in our very core. We pay rewards at the beginning of EACH cycle. Many other baking services have performed exit scams to their delegators by not paying their rewards by a whole month! Telling them excuses and making them believe that they will be paid eventually. We are honest bakers and committed to our delegators. We have an impeccable track record of honesty and integrity.
Currently we are not! Stay tune! We are considering getting insurance from:
https://sure.baking-bad.org
But rest assure that we will always pay baker rewards on time with or without insurance!
