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What is Tezos
Tezos is an energy-efficient Layer 1 blockchain that uses a Liquid Proof of Stake consensus mechanism to power smart contracts and decentralized applications (dApps).
Unlike traditional blockchains that require hard forks for upgrades, Tezos features a self-amending governance model, allowing the network to evolve and upgrade seamlessly through on-chain community voting.
With its secure and adaptable design, Tezos supports a wide range of use cases including DeFi protocols, NFTs, games, and tokenized assets. Its native token, XTZ, is used for staking, paying transaction fees, participating in governance, and as a medium of exchange across the network.
What is Tezos (XTZ) Staking
Staking XTZ means participating in Tezos’ Liquid Proof-of-Stake mechanism to help secure the network, support governance, and earn staking rewards. In Tezos, validators are called “bakers.”
You can stake in two ways:
Become a baker: Run your own node to produce blocks and vote on proposals. This requires at least 6,000 XTZ and technical setup, ideal for professionals.
Delegation: Delegate your XTZ to a trusted baker, who handles validation and voting for you. This option has no minimum requirement and suits beginner users.
When you delegate, your XTZ stays securely in your wallet. It’s never locked or transferred. Your baker only gains the right to validate blocks and vote on your behalf. Rewards are distributed proportionally based on your delegated amount.
Why Stake XTZ with CoolWallet
Supported Products
✅ CoolWallet Pro
✅ CoolWallet Go
Benefits of Staking XTZ with CoolWallet
Stake XTZ with CoolWallet to enjoy stable rewards while keeping your assets safe and easily accessible!
Self-custody security: CoolWallet is a self-custody wallet that gives you full control of your assets without relying on any centralized intermediary.
High-level protection: With CoolWallet Pro or CoolWallet Go, your private keys are stored securely inside the card’s chipset, eliminating exposure risks and ensuring your funds stay safe.
Mobile convenience: Through the CoolWallet App, you can easily stake, unstake, and check your XTZ anytime, anywhere. Fast, simple, and intuitive.
Full transparency: Track your staking progress in real time and view continuously incoming rewards in the transaction history.
Flexible unstaking: Unstake anytime. Enjoy the freedom to un-delegate anytime you wish.
Instructions
Staking Guidelines
Address-based staking
In CoolWallet’s XTZ staking system, staking is based on the entire XTZ wallet address, not on individual delegation amounts. This means all XTZ held in that address will automatically participate in staking.
Flexible fund control
After staking, your XTZ remains safely in your wallet and is neither locked nor transferred out. You can freely send or receive XTZ at any time. Staking rewards are calculated based on your balance at each reward period.
Rewards automatically distributed
During the staking period, rewards are automatically and periodically sent to your delegated address.
Compounding rewards
Reward calculations are based on the current XTZ balance in your address and automatically include previously distributed rewards, creating a compounding effect.
Unstaking
When you unstake, you simply cancel your delegation. Since all rewards have already been sent to your original address, you’ll retain both your principal and earned rewards. No need for manual withdrawal.
How to Start Staking (Delegate an Address)
Step 1. Open the CoolWallet App → Wallet → Earn → XTZ to access the XTZ Manage Stakes page.
Step 2. Tap Stake, confirm your Tezos address and chosen validator, then tap Continue to proceed.
Step 3. Review the transaction details carefully, then verify the transaction. (CoolWallet Pro or CoolWallet Go users will need to have their cold wallet card ready to sign)
Once verification is complete, your XTZ will be successfully staked (delegated to your Tezos wallet address), and staking rewards will start accumulating.
How to Check Staking Status
Once staking is successful and rewards begin to accumulate, you can view your accumulated rewards under the Earn tab on the Wallet page.
Since staking rewards are automatically and periodically sent to your delegated address during the staking period, you can also check the History page to see the incoming reward transactions as they are credited.
How to Unstake (Remove Delegation)
Step 1. On the Manage Stakes page, tap Request Unstaking, then select the wallet address you want to remove from delegation.
Step2. Review the unstaking transaction details carefully, then verify the transaction. (CoolWallet Pro or CoolWallet Go users will need to have their cold wallet card ready to sign).
Step 3. Once the unstaking process is complete, the staking record will disappear from the Manage Stakes page.
FAQs
Q1. Can I transfer my XTZ while staking?
Yes. Your XTZ always stays in your wallet during staking and is not locked or moved. You can freely transfer XTZ in or out of your wallet. However, your staking rewards may vary depending on your wallet balance at the time rewards are calculated.
Q2. What is the minimum amount required to stake XTZ?
Since XTZ staking is based on your wallet address, there’s no minimum staking amount. Please note that you should keep a small amount of XTZ in your wallet to cover on-chain transaction fees.
Q3. Can I unstake XTZ anytime?
Yes. You can un-delegate your staking address at any time.
Q4. When are XTZ staking rewards distributed?
According to the operating protocol of Tezos, the first staking rewards will be locked on the Tezos network for around 30 days. The first staking rewards will be sent to the validator after the locking period. The release time of staking rewards from the validator will be different depending on its operating condition. It usually takes 0 – 14 days for the validator to send out the rewards to the staker. Therefore, you will receive the first staking rewards in 30 – 44 days. After your first rewards, every reward after that will be sent to your staking address every 2 – 3 days.
Q5. Are staking rewards automatically compounded?
Yes. Rewards are automatically sent to your delegated address and included in your next reward calculation, creating a compounding effect.
Q6. How are staking rewards calculated?
The validator (baker) takes a portion from the total reward and the rest is distributed to the stakers as an incentive in proportion to the delegated amount.
The amount of staking rewards depends on the network conditions, in particular, the fixed supply in the network, transaction fees, and block times. In addition, the performance of the validator’s earnings and other important factors also have an influence on the staking rewards.
Q7. Which validator can I choose?
When staking XTZ on CoolWallet, the current validator partner is Everstake, a well-known professional validator service provider recognized for its stable and reliable operation.
Q8. Are there any risks when staking XTZ?
According to the operating protocol of Tezos, if the validator is punished by the Tezos network due to misbehaving, part of your locked XTZ assets will be taken as a penalty.
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