Global fintech company Revolut has announced the removal of all platform fees on Tezos (XTZ) delegation rewards, enabling customers to receive 100% of on-chain earnings directly. This policy change, effective immediately, applies to all tez holders on Revolut and is integrated into the platform's auto-delegation feature, which operates seamlessly in the background.
The update aligns with the recent Rio protocol upgrade on the Tezos network, which reduced network cycles to just one day, accelerating staking and delegation processes. Revolut's auto-delegation allows users to earn rewards while maintaining full liquidity of their XTZ holdings, meaning they can trade or withdraw assets without interruption as rewards accrue automatically.
Revolut, which serves over 65 million customers globally, offers trading for more than 280 cryptocurrencies, but only 13 support native earn features. With the zero-fee structure, XTZ is positioned as a standout option for yield generation. Vincent Poulain, Manager of Technical User Relations at Nomadic Labs, emphasized, "Revolut’s decision to pass 100% of delegation rewards to users demonstrates the compelling economics of Tezos; this creates an unbeatable user experience." Emil Urmanshin, Director – Crypto & New Bets at Revolut, added, "We know our customers want their crypto to work harder for them, and that’s exactly what we’re delivering with tez."
