A Baking Solution for Tezos Investors
Hayek Lab is the premier choice for those looking for a professional delegation service to bake their tez with. Our dedication to decentralization has lead us to avoid cloud services (AWS, Google Cloud, Azure, etc), which we believe to be a shortcut that compromises the strength of the Tezos network. As such we opt to run our own dedicated servers and pursue new datacenter locations globally in order to ensure the resilience of the service we provide to our customers.
Delegate With Us
Your Tezos wallet app might have us listed an available baker, in which case, delegating with us is as simple as selecting us from that list.
If you don’t see Hayek Lab as an option in your wallet, you can manually enter our Tezos address as your baker:
Our Fee Structure
At Hayek Lab, we offer a dynamic 15% fee model for delegators. As the price of ꜩ increases, we plan to lower this fee, since our fixed costs will be more easily absorbed. Additionally, we have introduced a 10% staking fee for those who choose to stake directly with us. This allows more flexibility for our community while ensuring that our operational costs are covered. A minimum delegation amount of 100 ꜩ is required.
Delegation Fee
When delegating to our pool, you will receive 85% of the rewards for your share.
Staking Fee
For those who stake directly, you will keep 90% of the rewards earned from staking.
Our Values
The spiritual guide of the company was a leading mind of the Austrian School of Economics, Frederick Hayek, author of The Road to Serfdom and many other books promoting economic freedom. It is as such that we have decided to name our infrastructure as Hayek’s Laboratory with the core goal of helping apply Hayek’s principle to the world. The birth of crypto-currency has brought another tool to achieve this, and the emergence of Proof of Stake as a new method to operate it opens the door for a direct form of participation by the currency owners. We, at Hayek Lab, want to help in accomplishing this.
Our core mindset is to contribute to the decentralization of the Tezos network. This is one key reason why Hayek Lab has chosen to have its own hardware in different data centers rather than using cloud services such as Amazon Web Service (AWS), Microsoft Azure, or Google Cloud. Having multiple small bakers goes towards that goal but at the cost of a less reliable electric grid and Internet connectivity. Hayek Lab will balance the two goals by operating in multiple data centers. As we reach more tez in delegation, we will open new data centers across the world in addition to our first data center, located in Eastern Canada. Delegate with Hayek Lab and you too can benefit of these established data centers that are also used by financial companies operating critical services.
We strive to offer our investors the best delegation experience possible. Through attention to details, a steadfast work ethic, expertise, and dedication to you, we are committed to the highest professionalism standard. Our integrity and understanding of Hayek’s economic principles is the foundation of our mission.
Our Team
For security purposes, we cannot reveal the names of our team members and consultants. Our team is composed of experts in IT, Systems Administration, Software Engineering, and Web Development, and we are actively expanding our team and engaging with consultants in critical fields such as Cyber Security.
FAQ
What fee do you charge?
15% on baking rewards, take note that all reward transaction payment fees is paid by the delegate. We also have a minimum delegation amount of 100 ꜩ.
When do you payout rewards?
Right after the baking cycle, we pay out of pocket from our own bond pool as these rewards are still frozen for 5 cycles. This is subject to our bond pool balance availability. If we approach overdelegation, payments will be made after rewards are unfrozen.
What infrastructure are you using for baking?
As opposed to cloud services, we have our own hardware in a local data center with 99.99% guaranteed power and internet availability, redundant equipement for all core services.
How can I see when I will get my rewards?
Baking-Bad has a great tool to view the payment status for your account.
How long have you been in business?
Since July 2018. We have been baking since then. Hayek Lab, Inc. is a business incorporated in Wyoming, USA.
Can I participate in your bond pool?
We currently do not accept Bond pool investors.