🍞 The Bread Market

Bakers are the "bread-and-butter" of the Tezos ecosystem - they handle transaction validations, staking rewards, on-chain security, and are the primary contributors/providers of liquidity on the XTZ system itself.

You can participate in this process through either "Delegation" (🌊) or "Staking" (🔒), as a way to earn "Staking Rewards", which allows you to earn interest on your XTZ, similar what banking systems provide. To get started, just use your existing Tezos wallet and "stake" your funds to one of the bakers below - the process itself will handle the rest. (The baker gets rewarded for your staked funds, which they share with you in the form of "payouts" - the process is very similar to earning interest in a savings account.)

It is recommended that you maintain contact with - or at least, observe - the actions of the baker you are staking to, since in addition to giving you a return on your investment (they are similar to credit unions in that sense), they are also the primary participants of Tezos' on-chain governance systems, which may end up having wider implications down the line. (Your staked amounts will directly contribute to the baker's voting power in the bigger picture.)

🌊 = Delegation 🔒 = Staking 🏗️ = Under Construction