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The Bakeoff
by Tez Baker
Compare up to four bakers
?
Input Field Explanation
Choose up to 4 Bakers to compare.
 
Bakeoff ROI
Tez Baker
 
Tez Baker
 
All Bakers Avg
 
Bakeoff Fee Percentage - Equivalency Table

Note From Tez

This comparison form and table have been provided to illustrate the type of transparency upon which Tezos is structured. The customer does not need to rely upon the industry built upon Tezos to provide transparency; transparency is inherent.

That being said it is also worth noting that at present the ROI average is influenced by the early cycles which achieved high ROIs. Over time there will be many good Bakers all converging around an average ROI. Until that time please give your Baker a chance; especially those of you with Tez Baker :).

For Tezos to be a dominant force we need many successful bakers to be fully decentralised. Please be mindful of this fact.

Ultimately the decision is yours... Enjoy...
?
Input Field Explanation
Choose your Baker to find their fee equivalence across all other Bakers.
 
?
Input Field Explanation
Input the percentage rate (i.e. 14.5 for 14.5%) your Baker is currently applying. Noting that if you're on a dynamic rate just enter a fixed rate you feel is representative.
 
Selected Baker
Address
YR ROI XF Calculation
Annual ROI Excluding Baker Fee

Averaged for every cycle completed; the following formula was used:
FV = PV * (1 + i)n
FV - future value of the investment
PV - present value of the investment
i - interest rate earned in each period
n - number of periods
YR ROI XF
CYC/YR Calculation
Number of Tezos Cycles per year.

= (365*24*60 minutes per year)/(1 minute per block)/(4096 blocks per cycle)
CYC/YR
CYC ROI XF Calculation
Averaged Cycle ROI Excluding Baker Fee

FV = PV * (1 + i)**n
= (1 + (annual roi))**(1.0/(cycles per year)) - 1
CYC ROI XF
YR ROI F Calculation
Annual ROI Including Your Baker Fee

FV = PV * (1 + i)**n
= ((1 + (roi cycle)*(1 - (fee percentage))))**(cycles per year)) - 1
YR ROI F
Tez Baker
10.2%
128.32
0.0756%
8.7%
Comparison Baker
Address
YR ROI XF Calculation
Annual ROI Excluding Baker Fee

Averaged for every cycle completed; the following formula was used:
FV = PV * (1 + i)n
FV - future value of the investment
PV - present value of the investment
i - interest rate earned in each period
n - number of periods
YR ROI XF
YR ROI Diff Calculation
Percentage Difference of Baker's ROI Excluding Fees

= (comparison baker roi) / (selected baker roi) - 1
YR ROI Diff
CYC ROI XF Calculation
Averaged Cycle ROI Excluding Baker Fee

FV = PV * (1 + i)**n
= (1 + (annual roi))**(1.0/(cycles per year)) - 1
CYC ROI XF
Equiv. Fee Calculation
Comparison Baker's equivalent Fee to Your Baker's Fee

FV = PV * (1 + i)**n
= ((((1 + (selected baker roi incl. fee))**(1.0/(cycles per year)) - 1)/(comparison baker cycle roi)) - 1) * -1
Equiv. Fee
Tezos Vote
12.2%
19.5%
0.0896%
27.4%
Tezry
10.7%
4.6%
0.0789%
17.6%
Crypto Delegate
10.5%
2.8%
0.0777%
16.2%
Tezos Istanbul
10.4%
2.3%
0.0773%
15.8%
TZ Bake
10.4%
1.7%
0.0769%
15.4%
Tezzigator
10.3%
1.6%
0.0768%
15.3%
Tezos Capital
10.3%
1.5%
0.0767%
15.2%
Bake'n'Rolls
10.3%
1.4%
0.0766%
15.1%
Tz Bakery
10.3%
0.9%
0.0763%
14.7%
Happy Tezos
10.3%
0.8%
0.0762%
14.6%
Tez Baker
10.2%
0.0%
0.0756%
14.0%
Tz Node
10.2%
-0.0%
0.0756%
14.0%
Just a Baker
10.2%
-0.3%
0.0755%
13.8%
Illuminarean
10.2%
-0.3%
0.0754%
13.8%
Staking Facilities
10.1%
-1.0%
0.0749%
13.2%
XTZ Antipodes
10.1%
-1.0%
0.0749%
13.2%
Tezos Mars
10.1%
-1.2%
0.0748%
13.0%
TezoSteam
10.1%
-1.3%
0.0747%
12.9%
Cryptium Labs
10.0%
-1.4%
0.0746%
12.8%
Tezos Chef
10.0%
-1.5%
0.0746%
12.8%
Hayek Lab
10.0%
-1.5%
0.0745%
12.7%
888 XTZ
10.0%
-2.0%
0.0742%
12.3%
Tezos Hot Bakery
10.0%
-2.0%
0.0742%
12.3%
Tez Patisserie
9.9%
-2.6%
0.0738%
11.8%
TezosBC
9.9%
-2.9%
0.0736%
11.6%
At James
9.9%
-3.0%
0.0735%
11.5%
Tezos Delegate EU
9.9%
-3.0%
0.0734%
11.4%
Bakemon
9.8%
-3.5%
0.0731%
11.0%
Bake Tz For Me
9.8%
-3.5%
0.0731%
11.0%
Tezos HODL
9.7%
-4.4%
0.0725%
10.2%
Tz Bank
9.7%
-4.5%
0.0724%
10.1%
Fresh Tezos
9.7%
-4.6%
0.0723%
10.0%
XTZ Master
9.7%
-4.8%
0.0721%
9.8%
Tz Dutch
9.7%
-5.1%
0.0719%
9.6%
Tez-Baking
9.6%
-5.3%
0.0718%
9.4%
Staked
9.5%
-7.1%
0.0705%
7.7%
Blockpower
9.4%
-7.3%
0.0703%
7.5%
TezDele Baker A
9.4%
-7.6%
0.0701%
7.3%
TEZ Rocket
9.4%
-8.2%
0.0697%
6.7%
TezosBr
9.3%
-8.5%
0.0695%
6.3%
Norn Delegate
9.3%
-8.7%
0.0693%
6.2%
Ø Crypto Pool
9.3%
-8.8%
0.0693%
6.1%
You Loaf We Bake
9.3%
-9.1%
0.0690%
5.8%
Tezos Baker JP
9.3%
-9.1%
0.0690%
5.8%
Shake 'n Bake
9.2%
-9.2%
0.0690%
5.7%
Wetez Wallet
9.2%
-9.9%
0.0685%
5.0%
Bake Tz
9.1%
-10.3%
0.0681%
4.5%
Tezos Suisse
9.1%
-10.4%
0.0681%
4.5%
Tezos Bakery
9.1%
-10.8%
0.0678%
4.0%
Tezos Panda
9.0%
-11.6%
0.0672%
3.2%
View Nodes
9.0%
-11.7%
0.0672%
3.1%
Tezocracy
9.0%
-11.8%
0.0671%
3.1%
TezDele Baker B
9.0%
-12.0%
0.0670%
2.8%
Stir Delegate
9.0%
-12.1%
0.0669%
2.7%
BAKER-IL
8.9%
-12.4%
0.0666%
2.4%
Lucid Mining
8.9%
-12.5%
0.0666%
2.3%
Stake House
8.9%
-12.8%
0.0663%
1.9%
XTZ Land
8.9%
-13.1%
0.0662%
1.7%
Tezos Spanish
8.8%
-13.4%
0.0659%
1.3%
First Block
8.8%
-13.4%
0.0659%
1.3%
My Tezos Baking
8.8%
-13.6%
0.0658%
1.1%
Tez Milk
8.8%
-13.9%
0.0655%
0.8%
AirBie
8.8%
-14.0%
0.0655%
0.7%
Tez Boss
8.7%
-14.3%
0.0653%
0.3%
Tezos Tokyo
8.7%
-14.4%
0.0652%
0.2%
Flippin' tacos
8.7%
-14.5%
0.0651%
0.1%
Stack Tezos
8.7%
-14.6%
0.0650%
-0.0%
Tezos Bakes I
8.7%
-14.6%
0.0650%
-0.0%
Stakery
8.7%
-14.8%
0.0649%
-0.2%
iBakeTezos
8.7%
-14.8%
0.0649%
-0.3%
XTZ Delegate
8.7%
-15.1%
0.0647%
-0.6%
Tezos OTC
8.6%
-15.1%
0.0647%
-0.6%
TezosSEAsia
8.6%
-15.2%
0.0646%
-0.6%
Tez Whale
8.6%
-15.3%
0.0645%
-0.8%
Cypher Baker
8.6%
-15.3%
0.0645%
-0.8%
Infinity Stones
8.6%
-15.5%
0.0644%
-1.1%
Tezos Ninja
8.6%
-15.9%
0.0641%
-1.5%
Zednode
8.6%
-16.1%
0.0640%
-1.7%
Tezos Berlin
8.5%
-16.1%
0.0639%
-1.8%
XTZ Black
8.5%
-16.3%
0.0638%
-1.9%
Tz Envoy
8.5%
-16.7%
0.0635%
-2.4%
TzBakeOven
8.5%
-16.7%
0.0635%
-2.5%
Airfoil
8.5%
-16.7%
0.0635%
-2.5%
Tezos Moon
8.4%
-17.1%
0.0632%
-2.9%
Attic Pool
8.4%
-17.6%
0.0628%
-3.5%
Tezos Gold
8.4%
-17.8%
0.0627%
-3.7%
Figment
8.3%
-18.1%
0.0625%
-4.1%
Tezos Kitchen
8.3%
-18.7%
0.0620%
-4.9%
P2P Validator
8.2%
-19.4%
0.0616%
-5.7%
Tezos Rio
8.2%
-19.7%
0.0613%
-6.1%
Baking Tacos
8.1%
-20.3%
0.0609%
-6.8%
Ceibo XTZ
8.1%
-20.3%
0.0609%
-6.9%
XTZ Bakery
8.1%
-20.5%
0.0607%
-7.1%
Tezos Tacos
8.1%
-20.7%
0.0606%
-7.4%
Baker Avenue
8.1%
-20.8%
0.0605%
-7.6%
Tezos France
8.0%
-21.3%
0.0601%
-8.2%
TeZetetic
7.8%
-23.2%
0.0587%
-10.8%
Baked Tezos
7.8%
-23.3%
0.0586%
-10.9%
Stake Bake
7.7%
-24.6%
0.0577%
-12.8%
Hot Stake
7.6%
-25.8%
0.0568%
-14.5%
Hyper Blocks Pro
7.5%
-26.0%
0.0566%
-14.8%
Own Block
7.5%
-26.4%
0.0564%
-15.4%
XTZ Baker
7.4%
-27.8%
0.0554%
-17.5%
Tezos Korea
7.2%
-29.2%
0.0543%
-19.8%
Tezos Bakes II
7.1%
-30.2%
0.0535%
-21.5%
Tezzieland
7.1%
-30.3%
0.0535%
-21.6%
Fractalide
7.0%
-31.4%
0.0526%
-23.6%
TezosRUs
7.0%
-31.4%
0.0526%
-23.6%
Tezos Barcelona
6.9%
-32.7%
0.0517%
-25.8%
Drunk Tortuga
6.8%
-33.7%
0.0509%
-27.7%
POS Bakerz
6.6%
-35.1%
0.0499%
-30.3%
Tez Mania
6.6%
-35.1%
0.0499%
-30.4%
Tezz City
6.6%
-35.4%
0.0497%
-30.8%
Tezos Cat
6.5%
-36.5%
0.0489%
-33.1%

Worked Example

To better explain the Equivalent Fee (far right column) calculation here is an example without the compounding interest effect i.e. just looking at one cycle in isolation.

Baker A charges 10% Fee (known to user) and in the cycle generates 10% profit while Baker B generates 5% profit and Baker C generates 20% profit (Baker B & Baker C Fees are not known).

On a 100XTZ delegation Baker A would return 9XTZ.

Baker B could not match that return without dipping into their own funds as they would have only generated 5XTZ (without fee) so their Equivalent Fee would be -80%; calculated from = (9/5-1)*-1.

Baker C is well in front as they would have generated 20XTZ (without fee) so their Equivalent Fee would be 55%; calculated from = (9/20-1)*-1 i.e. even if Baker C charged a 50% Fee they would still generate more income for the user than Baker A with a 10% Fee (and Baker B of course).