RightBTC has reached strategic cooperation agreement with ViewNode to deliver one-stop delegation service for our Tezos traders. Skip the troublesome delegation hassle and deposit requirements and have us done everything for you all on our event page. Choose ViewNode as your delegation service for all your XTZ coins bought at RightBTC and start earning baking rewards.
Start: 15 Nov 2018 00:00:00 (UTC+4)
End: 31 Dec 2018 23:59:59 (UTC+4)
Calculating Annual Rate of Return
Annual Returns = Number of rolls * Baking returns per roll
=Success rate of baking*Annual baking rate* [Baking earning rewards (16XTZ) + Minimum service fee + Endorsement rewards (2*32 XTZ)]
= Amount of XTZs delegated/ (total XTZs delegated by RightBTC users*activity rate) * Annual blocks baked (Theoretically 525,600 blocks per year) * [Baking earning rewards (16XTZ) + Minimum service fee + Endorsement rewards (2*32 XTZ)]
ViewNode’s annual rate of rewards is more than 5.5%. At current market rates, we are expecting annual rate of return at approximate 10.8%. To encourage mass adoption, we are rewarding RightBTC users a premium annual rate of return at 12%. This special rate of return will end on 31st December 2018 23:59:59 (UTC+4).
Due to the unique baking framework by Tezos, this special event will require delegation period to be above 30 days onwards, rewards will be given on the 30th day and rewards are calculated on every 48 hours.
RightBTC would like to express our sincere appreciation to our users. RightBTC reserves the rights of final decision and interpretation for above event.
The RightBTC team
Nov 13th, 2018