Your reliable and secure Tezos baking service

Looking for an anonymous, reliable, and secure Tezos baking service? Then welcome to LetzBake! Join our community of crypto enthusiasts by delegating your Tezzies and earn profit from the most transparent payout structure available.

We are full!

Please do not delegate to us until further notice. All delegations made
until cycle 126 are fully covered by LetzBake!

No fees for 30 cycles

Delegate Tezzies to LetzBake! before or in cycle 101 and get 30 cycles completely free of any fees. After that, our fees start at 2.5% and only gradually increase over the next 90 cycles, with a maximum fee of 10%. Of course, if you’re not satisfied, you can always delegate your Tezzies to a different baker.

Profit from a Reliable Payout Structure

Because we don’t charge fees up front, you can start profiting from your investment right away. We automated the payout system and you get paid within 24 hours of every cycle. All rewards are insured, so you can trust to always receive your Tezzies on time.

Fully secure. All the time.

We employ best practices in cybersecurity to mitigate any risk of hacking or breaches as much as possible. Plus, with LetzBake! you only delegate baking rights, maintaining full control over your Tezzies at all times. That means that your Tezzies will never be at risk, even in the event of a breach.

About LetzBake!

LetzBake! is a professional Tezos baking service developed explicitly for the Tezos community. We are crypto enthusiasts who believe that staking protocols are the future of cryptocurrencies, given their low energy footprint and better scalability than proof-of-work currencies. We became interested in Tezos particularly because of its liquid proof-of-stake protocol in which everyone can participate. We want Tezos to thrive, and we aim to help secure the network by providing a professional, reliant and secure baking service for everyone.

Your Rewards

Insert your KT adress below and get a summary of your baking and endorsement rewards

Cycle Balance Reward Status

FAQs

Yes! At least between cycle 108 and 137 (~ 3 months), so make sure to delegate to LetzBake! before or in cycle 101 to fully profit from this period. After the initial 30 cycles, our fee structure is as follows:
  • 2.5% between cycle 138 and 167
  • 5% between cycle 168 and 197
  • 7.5% between cycle 198 and 227
  • Will then remain at 10% thereafter
LetzBake! is committed to full transparency, and delegators will always know when fees change and by how much before the change actually takes place.
Our goal is to be the most reliable baking service on the market. To achieve this, we want to prove it to delegators—risk free for 3 months. Of course, if you’re not satisfied with our service, you can simply delegate your Tezzies to another baker.
When you delegate to LetzBake! before cycle 101, then, congratulations, your 'no fee' period is even longer. We allow this to give everyone a fair chance to hear about our service and get in early enough to fully profit from this period.

When you delegate to LetzBake! after cycle 101, then your 'no fee' period is reduced by the respective number of cycles you get in later. When you start delegating to us, for instance, in cycle 105, then your 'no fee' period is reduced by four cycles, meaning we won’t charge you any fees for 26 cycles instead of 30 cycles.

Please note that we operate on a first come, first serve basis and stop accepting new delegations when we reach our maximum capacity of currently 180’000 XTZ.
You can use your favorite wallet to set your delegate to our baker. Your Tezzies remain fully under your control at all times, and you can transfer them in and out of your wallet as you need to. Contact us with any questions you may have. We’re happy to help!
Based on the Tezos protocol’s current economic rules, newly made delegations take 7 cycles (~ 20 days) to start generating rewards. All rewards generated in a cycle are frozen for additional 5 cycles (~ 14 days). This means that first payments are made 12 cycles (~ 34 days) after you delegated to us. LetzBake! automatically pays out rewards within 24 hours of each cycle’s completion. If you’d like to change delegation services, you will receive all payments due for all cycles you had delegated to us.

Our payouts are powered by Tezos Reward Distributor!
Tezos Reward Distributor by habanoz
Yes! We are the first baking service on the market that insures all rewards, with our insurer being Baking Bad Insurance. This means that you can trust to never lose rewards while delegating to LetzBake!
Due to the self-bond requirements specified in the Tezos protocol, we are restricted in the amount of Tezzies we can accept in delegations. To avoid possible over-delegation and to benefit our delegators, we will stop considering new delegations when our staking balance will exceed 180’000 XTZ. Please check our delegation status on this website before delegating to us.
One of the great aspects of Tezos is its on-chain governance feature that allows bakers to submit proposals, which can be voted on by other bakers after a three-month amendment period. Before voting, we will thoroughly evaluate each proposal by also taking into account the opinions of other stakeholders in the Tezos ecosystem. Ultimately, however, we feel responsible for representing the best interests of our delegators.
We are located in Switzerland.