Revolut Launches Zero-Fee Delegation Rewards for Tez Holders

Revolut Launches Zero-Fee Delegation Rewards for Tez Holders

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by Maya Lundqvist

10 months ago

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Revolut has made a significant update to its autodelegation feature, allowing Tezos (XTZ) holders to enjoy 100% of on-chain delegation rewards. This move is part of the company's ongoing efforts to enhance the user experience within the Tezos ecosystem, and the publication demonstrates positive momentum in the developments.

Zero-Fee Structure for XTZ Holders

Starting today, all customers holding XTZ on the Revolut platform will benefit from a zero-fee structure for yield generation. This means that users can now earn the full rewards generated by the Tezos network without any deductions, making it an attractive option among the

  • 13 cryptocurrencies available on the platform
  • native earn features

Commitment to Simplifying Investment

The update follows the recent Rio protocol upgrade and reflects Revolut's commitment to simplifying the investment process for its users. Vincent Poulain from Nomadic Labs commended this decision, noting the strong economic fundamentals of Tezos and the exceptional user experience it fosters.

Focus on Transparency and Simplicity

Emil Urmanshin from Revolut also highlighted the importance of transparency and simplicity in the earning experience, ensuring that users can maximize their investments without worrying about platform fees.

In a related development, Coinbase is set to launch ADA perpetual-style futures on December 12, enhancing trading options for investors. For more details, see the full article here.

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