Start staking tez directly as Quebec changes the game.
Tezos has consistently raised the bar in staking innovation, from pioneering Liquid Proof-of-Stake (LPoS) to introducing the new staker role with the ParisB upgrade. Now, with the Quebec proposal on the horizon, staking on Tezos is set to become even more rewarding, especially for stakers.
While Quebec doesn’t overhaul the staking mechanism, it brings subtle yet impactful changes to reward distribution, creating a great opportunity for delegators and exchange users to level up their staking game. In this article, we’ll explore how staking worked in the past, how it operates today, and how Quebec is about to reshape it, making a compelling case for you to start staking directly.
Tezos Staking: The Basics
Before we get into the changes Quebec brings, let’s revisit the three main roles in Tezos staking:
Bakers: Validators who run nodes and lock at least 6,000 tez as security bonds to produce and verify blocks. They earn the highest rewards but also bear the operational costs and risks.
Delegators: Tez holders who delegate their baking rights to a baker. Their tez remain liquid, and they earn rewards with no risk of slashing, but they receive fewer rewards compared to bakers and stakers.
Stakers: Introduced with the ParisB upgrade, stakers lock their tez with a baker, actively participating in network security. This hybrid role allows stakers to earn double the rewards compared to delegators, while their tez remains in their wallet. The tradeoff is a 4-cycle (11-day) lock-up period for unstaking.
What Quebec Changes for Stakers and Delegators
The Quebec proposal brings a subtle yet significant change in how rewards are distributed:
Delegation Rewards Reduced: After Quebec, delegators will earn one-third of the rewards that stakers receive, a reduction from the current system where delegators earn half the rewards of stakers.
Staking Rewards Stay the Same: The rewards for stakers remain unchanged. However, with delegation rewards being reduced, the difference between the two roles becomes more significant.
This adjustment is designed to incentivize more direct involvement in securing the network. Stakers, in particular, will benefit significantly, making this the perfect time for delegators and exchange users to step up.
Why You Should Become a Staker
The staker role is a unique middle ground between delegating and baking, offering the best of both worlds. Here’s why now is the perfect time to make the switch:
Higher Rewards: With Quebec prioritizing active contributors, stakers will earn even more rewards compared to delegators.
Greater Network Impact: By staking, you actively contribute to Tezos’ decentralization and security without the technical or financial overhead of baking.
Take Control of Your tez: Unlike staking on exchanges, which often come with lower rewards and custodial risks, staking directly with a baker keeps your tez in your wallet and under your full control.
If you’re currently delegating or “staking” through an exchange, you could be missing out. Quebec’s changes make it an ideal time to start staking:
Delegators: Transitioning to staking lets you unlock significantly higher rewards while staying involved in network security.
Exchange Users: Move your tez to a non-custodial Tezos wallet, like Kukai or Temple, and stake directly to maximize your earnings and maintain full control.
To learn more about how to stake, you can check out my “Stake and (L)earn: A Beginner’s Guide to the New Tezos Staker Role.” article.
Quebec is an evolution in Tezos staking, rewarding those who actively secure the network and encouraging greater participation in the staker role. Whether you’re a delegator ready to earn more, an exchange user looking to take control, or a first-time staker exploring your options, now is the time to act.
Tezos has always been a leader in staking innovation, and Quebec ensures that tradition continues. With increased rewards for stakers, this upgrade is your chance to step up, earn more, and play a key role in the future of the Tezos ecosystem.
Start staking today and seize the opportunity to be part of Tezos’ next chapter. The rewards are waiting — go get them!
Quebec is Coming, Time to Stake! was originally published in Tezos Commons on Medium, where people are continuing the conversation by highlighting and responding to this story.
