ELITE TEZOS BAKERS
we are AN INTERNATIONAL TEZOS DELEGATION SERVICE FROM CYCLE 17

ELITE BAKERS 

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- Tezos for beginner -
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TEZOS STATS

Delegate with us and support the ongoing development of the Tezos blockchain and Elite Tezos.
Delegation is easy just takes two minutes of your time.
GET 8% XTZ RETURN PER YEAR ON YOUR CAPITAL DELEGATION

Circulating Supply
CYCLE
Elite Tezos Stack
Number of rolls :
Total Delegated Tezos
STAKING RATIO
Delegated Tezos
Number of delegator
16,181
Number of Delegators
Bakers :
468
Available Room
% :
ecosystem / >

In Tezos ecosystem “miners” are called bakers!

– No surprises, we charge a flat 8% fee
– No-sign up required
– Earnings are paid-out every cycle
– Minimum 1000 Tez to delegate

8% Fee
Forever

// Safe

We manage by the team of crypto-professionals. Our service has strong vulnerability protection and 24/7 uptime.

Every Cycle
Payouts

// Profitable

We are posting your security deposit for you, so you are baking with your entire balance.

Official White Paper

100%
Transparent

// Safe

We manage by the team of crypto-professionals. Our service has strong vulnerability protection and 24/7 uptime.

1000
Min delegation

// Anonymously

We do not require signups. We use a public Telegram group, slack and our Twitter account for all communications.

delegate / >

How to delegate ?

We manage by the team of crypto-professionals.
Our service has strong vulnerability protection and 24/7 uptime.

Ledger X Wallet
01

Tezos Wallet

Create your Tezos wallet on Galleon Wallet or Tezbox. And don't forget to back up your private key.

02

KT1 Key

Then create your KT1
address. Please note,
0.25 XTZ is required
for this action.

Galleon Wallet
03

Transfert

Transfer your funds
from the main address
to your new KT1
address.

04

Delegate

Enter our Baker address
that you can copy below
and click delegate.

Tezos Calc / >
Watch video tuto

TEZOS DELEGATION CALCULATOR

If you delegate, you earn rewards at every cycle (2.8 days) throughout the year. Rewards are calculated according to the number of Tezos you want to delegate and Tezos price. The calculator below can help you to project yourself in the profitability of your investment and your rewards within the Elite Bakers community

Calculate your estimated delegation rewards / >

Tezos Price :

Number of Tezos :


Earnings Income in Tezos Income in Dollars Baker Fees in Tezos Baker Fees in Dollars
Daily earnings
Weekly earnings
Monthly earnings
Yearly earnings

Your actual rewards / >

Check all of your Rewards Production Tracking

Frequently Asked Question

The shortest answer is action. If you have a question that isn't answered here, please contact us.

What is Tezos?
Tezos is a new decentralized Delegated Proof-of-Stake blockchain that governs itself by establishing a true digital commonwealth. It facilitates formal verification, a technique which mathematically proves the correctness of the code governing transactions and boosts the security of the most sensitive or financially weighted smart contracts. Please refer to tezos.com and tezos.help for more detailed information, documentations and other useful resources.
What is baking?
“Baking” is the act of signing and publishing blocks to the Tezos blockchain. Bakers are a crucial component of the PoS consensus mechanism by ensuring that all transactions in a block are correct, that the order of transactions is agreed upon, and that no double-spending has occurred. Bakers validate all transactions and add them to the blockchain and get rewarded with additional Tezzies in that process.
What are the Benefits?
First, compared to regular delegation, delegation via BaaS would save you the baking fees (10% that we are currently charging). Second, a 50% revenue share on the regular delegation your BaaS delegation enables. A comparison showed that BaaS delegation generates ~44% higher expected earnings than regular delegation (contact us for the details). Essentially, BaaS enables you to earn as much as a public baker would at 8% fees.
What are the Risks?
Tezos uses a delegated proof-of-stake model (DPOS). In Tezos, delegation is the permission given to a Baker to create new blocks using XTZ that other stakeholders have. This is important so that the consensus system happens in Tezos network, allowing everyone to participate. In addition, delegating their XTZ is always the best way to protect against the inflation generated by the protocol, which is currently 5.5% per year.
What is the Process?
Before offering BaaS to a potential contributor, we want to do as much as possible to ensure that him/her understands the risks and rewards. In order to do so, if you are interested in BaaS, please reach out to us by email or Telegram. For the entire article, find the versions in English, Spanish, and Chinese below.
Whats is delegation service ?
Before offering BaaS to a potential contributor, we want to do as much as possible to ensure that him/her understands the risks and rewards. In order to do so, if you are interested in BaaS, please reach out to us by email or Telegram. For the entire article, find the versions in English, Spanish, and Chinese below.

the electricity consumption of the Tezos Network represents the equivalent of 14 American houses while the BTC alone represents 6million House and ETH 500,000 houses

How to keep track of my rewards information?
A services that brings you the same rewards as opening a Tezos bakery that charges 5% fees, with a lot less hassle.
When do I receive my rewards?
Payments are done automatically at the end of each baking cycle as soon as Tezos blockchain unfreezes earnings, which usually happens after 5 cycles. Each cycle lasts while 256 new blocks have been generated. Note, that it also takes in avg. 7 cycles for a full delegation to happen.
What is "proof of stake"?
​New Tezos are "Baked" using "Proof of Stake" which is much less power intensive, more democratic, and puts the control back in the hands of the actual Tezos owners instead of powerful crypto miners.  To create a new Tez, an owner is called on randomly by the Tezos Blockchain.  The more Tezos you own, the more likely and more often you will get called on.  The "baker" system does do a very small amount of "Proof of Work" crypto calculations to validate the new block but its order of magnitudes less than traditional Proof of Work.

You should have a Delegate who is online 24/7 ready to "bake" new Tezos at a moment's notice whenever the system calls or you risk losing your opportunity to grow your Tezos ownership.
Tezos voting ?
As time goes on, the Tezos platform will need to evolve and the code will need to be updated.  Democracy decides how and when this happens. Unlike Proof of Work blockchains such as Bitcoin and Ethereum, where crypto miners have the control, Tezos gives control to the Tezos owners themselves.  

Each Tezos Token gets 1 vote.  Each group of Tezos is a roll.  The more Tezos you own, the more votes you have.  You can use these votes to give your opinion on new software upgrades and protocol updates.  However, similar to growing your stake, to vote you need to either host your own server node or delegate your authority to someone else.  Currently, when you delegate your staking rights you also delegate your voting rights.  MyCryptoDelegate is working hard to create a custom solution that allows you to vote independently while still delegating your stake.  If you do not want to vote, you can choose to have MyCryptoDelegate vote on your behalf.
How does "CRYPTO DELEGATE" make money?
We bake Tezos and share the profits with you in the form of Rent on your unused Tezos Stake. We then we pay you Rent/Dividends in the form of newly baked Tezos. You can check your potential rewards there
What is a blockchain? And, what does it solve?
Before offering BaaS to a potential contributor, we want to do as much as possible to ensure that him/her understands the risks and rewards. In order to do so, if you are interested in BaaS, please reach out to us by email or Telegram. For the entire article, find the versions in English, Spanish, and Chinese below.
Baking vs Delegation ? / >

baking vs delegation

Learn more about Tezos and how this revolutionary blockchain protocol works. This section will be expanded in the future with video tutorials and explainers on all aspects of the Tezos project.

In Tezos, which is built on a Proof of Stake algorithm called liquid proof of stake (LPOS), the process of securing the network and processing transactions is called Baking.

Baking is what Tezos refers to as the action of signing and publishing a new block in the chain. Bakers need at least 10,000 XTZ to activate as a delegate, and having additional delegated stake increases their chances of being selected as a Baker or Endorser.

At the beginning of each cycle (every 4096 blocks or 3 days), the Bakers for each block are randomly selected and published. Bakers earn a block reward of 16 XTZ for baking a block.

In addition to the Baker, 32 Endorsers are randomly selected to verify the last block that was baked. Endorsers receive 2 XTZ for each block they endorse.

Baking vs. Mining

Bitcoin has mining, Tezos has Baking. In Bitcoin, miners compete to publish blocks containing a proof-of-work stamp by repeatedly hashing block headers. In Tezos, block creation is done by bakers. Rather than deriving the right to create a block by finding the solution to a proof-of-work problem, bakers obtain that right when a Tezos token (or rather a roll, see below) they own (or that is delegated to them) is randomly selected to create a block.

Since Tezos Baking requires an account to have at least 10,000 XTZ to make up one role, many Tezos coin holders will decide to delegate their coins rather than bake themselves.

This is called delegation which allows you to allow a delegation service (like Tezos Tacos) to use your coins for the Baking process and provide you rewards in the form of earning more XTZ.

It is important to note that the delegate does not own or control the coins in any way. In particular, it cannot spend them. However, if and when one of these coins is randomly selected to bake a block, that right will be given to the delegate.

For most Tezos coin holders, delegation is the best option if you aren’t inclined to run your own server and/or maintain the infrastructure needed to reliably bake on the network. There is a level of technical knowledge and commitment involved. Most users will settle on delegating their coins to a delegation service so that they can earn rewards for participating, but not actually be responsible for any of the technical aspects of baking their own tokens. Delegation is perfectly safe since you cannot lose your coins by delegating, but your earnings can vary depending on the delegation service that you choose.

What’s the Catch?

In most cases, the largest difference between delegation services is the number of rewards they return to you for allowing them the use of your coins for baking. Usually, the amount returned to the coin holder is between 85-90% of rewards, which means most delegation services “charge” a fee of around 10-15% of the rewards you earn.