Are the tokens on Ethereum L1 or Aztec?
Tokens are locked in an onchain contract, which we refer to as “Token Vault” on Ethereum mainnet. The token itself is also an ERC20 on Ethereum mainnet.
Do I stake on Ethereum or Aztec?
You stake on Aztec’s set of rollup contracts, which reside on Ethereum mainnet.
How do I stake?
To get started, connect your wallet on the staking dashboard. You can then choose to:
Select a staking operator
Create and run your own sequencer, which you’ll run yourself.
How do I delegate?
What can I do with the tokens I purchased in the sale?
You can (and are required to) stake tokens if you have more than 200.000 tokens.
The tokens are locked in a “Token Vault ” (enforcing locks onchain).
All participants who purchase > 200,000 tokens cannot withdraw any tokens from the Token Vault without first staking.
Is there a minimum token amount to be eligible to stake?
You must purchase 200,000 tokens to stake your $AZTEC. Fractional staking amounts are not supported at this time.
Which wallet should I connect to see my tokens?
Connect the same wallet address you used to mint your tokens during the token sale – this is typically the same address where you minted your NFT.
If you don’t see your tokens, double-check that you’re using the correct wallet and are connected to the right address.
Do I need ETH in this address?
Yes. You’ll need ETH in your wallet to cover gas fees when registering a validator or delegating, as both actions require Layer 1 (L1) transactions.
When can I stake?
Genesis participants can stake immediately after purchasing tokens in the fixed price auction.
Contributor and Public participants can stake after the auction has ended and all bids have cleared.
How many vaults am I expected to have?
Each participant will have one vault associated with their purchase.
If you participated in both the Genesis Sequencer Sale and the Public Sale, you may have two separate vaults, one for each sale. You cannot consolidate Token Vaults.
How can I find the time of unlock and how can I unlock/redeem the tokens?
You can find it in the “My position” page. Go to your locked vault -> click “details” and you will see a vesting button.
The unlock button will also come there once your vesting cliff has passed and the tokens are available.
Aztec roadmap and what is ignition
Is Aztec live on mainnet?
Aztec tokens are locked on L1. Aztec the L2 network is in “Ignition Phase”. In this phase, we do not anticipate there being any smart contracts or transactions on the aztec mainnet itself. Refer: Aztec Network Roadmap
Can I unstake and withdraw my tokens instantly?
There is a native unstaking delay of 5 days to protect the validator set from mass withdrawals.
At ignition, all Token Vaults will only be able to talk to a staking contract without a withdraw function. Governance may then upgrade it to one with withdraw( ) enabled at which point, beneficiaries need to update their staker contract so they can unstake/withdraw.
This functionality can be achieved via this website.
What’s the best way to stake if I have significantly more than 200,000 tokens?
If you have a Gnosis Safe that owns your token vault, you can batch all your interactions into one transaction.
Alternatively, you will have to manually stake each set of 200,000 tokens.
Why doesn’t my total balance equal my “available to stake” plus “staked amount”?
You can only stake in increments of 200,000 tokens.
If your remaining balance is less than 200,000, your “available to stake” balance is 0.
I can’t stake with my preferred delegator because it shows the delegator is out of keys/delegate button is greyed out/max available amount i can stake is less than what is available in my token vault. Why?
Each sequencer must register a sufficient number of sequencer keys in order to receive delegations.
If a delegator is shown as “out of keys,” it means they’ve reached their current delegation capacity and cannot accept additional staking until they register more keys.
You may choose another delegator, or contact your preferred delegator to ask if they plan to register additional keys.
How do staking rewards work with Token Vaults when I delegate my tokens?
Staking rewards are distributed through a Splits contract, which automatically allocates rewards between the staker and the operator.
Anyone can call the withdraw function on this contract to trigger the distribution of rewards:
The operator receives their commission directly from the contract.
The staker receives the remaining portion of the rewards.
This setup ensures rewards are fairly and transparently split between both parties.
Are there risks to staking? What if my validators goes down?
Yes, there are inherent risks to staking, primarily related to slashing.
If your validator goes offline or fails to perform its duties correctly, it can be slashed, meaning a portion of your staked tokens will be permanently lost.
A month from now, we will have detailed guides to slashing docs and slashVeto process
What are the rewards for staking?
The block reward is expected to be 400 tokens per proposed block that is finalized.
When an epoch proof is submitted, validators who successfully proposed a block within that epoch become eligible for a portion of this block reward. The exact distribution of this portion is determined by Aztec Governance.
The expected APY varies with the size of the validator set – as the number of validators increases, the likelihood of any single validator being selected to propose a block decreases, which in turn reduces individual APY.
Can I split my tokens between staking providers?
If you have multiples of 200.000 tokens, you can stake those with different staking providers.
Can I have a list of providers and details?
You can find a list of staking providers and information about them on the staking dashboard here.
Are my tokens safe once staked?
Beyond your tokens being subject to slashing, there is also contract risk. The contracts developed by Aztec Labs are audited. Staking providers never have direct access to your tokens.
What if I lose access to my wallet that I used to stake my tokens?
There is no way to recover funds from a lost wallet.
Do I get governance votes if stake?
Yes, governance participation is important for the future of the Aztec Network. Keep an eye on Discord for governance and upgrade announcements. A month after ignition, we will have details docs on the governance
How long do I have to stake for?
All Token Vaults are required to be staked if the balance is over 200.000 tokens.
Will this website be the only way I can stake, unstake and withdraw my tokens?
No, you can always interact with the contracts directly.
A month from ignition, we will post detailed guides on how to directly interact with staking contracts.
Can I stake again if I unstake?
You can stake for as long as you’d like, and you may unstake.
If you unstake, you need a new attester key, and a new BLS key.