TezoSteam, in order to expand its operations, will look to further increase the bakery balance from time to time.
You will find if we are OPEN or CLOSED for new investors in this page
Why do you need to increase your balance?
A bakery needs to post a bond for every block baked or signed. In this way, a bakery with a low balance won’t be able to sign many blocks. Invested bakeries with high balance will be able to. Our current balance is very high, but we can’t go above a certain total. After that, we need to increase
Why would I want to do that?
Because you may increase your rewards a lot, even double them. The deal is as follows:
- 0% fee on your stake as soon as you send your tezzies. That’s an immediate gain
- We split the net revenues with the investors as soon as we use their bond
- Rewards are paid to external KT1 account or reinvested to compound (your call)
- ROI depends on total staking coins exactly as for a delegator, but may be even 100% higher
What are the downsides?
There are 2 main downsides:
- You have to trust us 100%, because you have to send us your tezzies.
- If you want to regain control of your investment, there is a 30-day notice,, cause we have to either find another investor, or reduce our invested balance accordingly. This opportunity is only for long-term investors
Is there a minimum amount?
We want to have a direct relationship with our investors, therefore we will accept only high balances. The minimum to invest is 40K tezzies. Feel free to contact us if you are interested