Stake node
This guide explains how to stake funds to your node. At the end of this guide your staked node is converted to a Validator node and is listed on the Testnet Explorer or Mainnet Explorer.
00 Prerequisites
You should have already prepared your node for validating. see Prepare node
You should have:
- 2M CUDOS tokens for your stake
- Additional 100 CUDOS for transaction fees
- Additional CUDOS reserve funds in case of being jailed and/or slashed
01 Run create-validator transaction
This step performs a transaction from a specified wallet to a chosen node and converts it to a Validator node.
acudos are the smallest unit of CUDOS
1 CUDOS = 1 x 10^18 acudos
1 CUDOS = 1,000,000,000,000,000,000 acudos
02 Use the example below to configure and run the create-validator command using your own parameters.
You will need to enter your keyring passphrase
THIS EXAMPLE WORKS:
from - this is the name of the wallet used.
cudos-noded tx staking create-validator --amount="2000000000000000000000000acudos" \
--from="tango" \
--pubkey=$(cudos-noded tendermint show-validator) \
--moniker="apollo-validator" \
--chain-id="cudos-testnet-public-3" \
--commission-rate="0.10" \
--commission-max-rate="0.20" \
--commission-max-change-rate="0.01" \
--min-self-delegation="2000000000000000000000000" \
--gas="auto" \
--gas-prices="5000000000000acudos" \
--gas-adjustment="1.80" \
--keyring-backend="os" \
-y
Example output
Enter keyring passphrase:
gas estimate: 299665
{"height":"5601878","txhash":"03A4783A30E1CDA26A222025808AC16C18E2035FCF0BD78FA390A4BEF37A1CC0","codespace":"","code":0,"data":"0A2C0A2A2F636F736D6F732E7374616B696E672E763162657461312E4D736743726561746556616C696461746F72","raw_log":"[{\"events\":[{\"type\":\"coin_received\",\"attributes\":[{\"key\":\"receiver\",\"value\":\"cudos1tygms3xhhs3yv487phx3dw4a95jn7t7lq2up3k\"},{\"key\":\"amount\",\"value\":\"2000000000000000000000000acudos\"}]},{\"type\":\"coin_spent\",\"attributes\":[{\"key\":\"spender\",\"value\":\"cudos1ayq6mrlk5neyuugv7u0wt2tn8zf7e6dx2jyevh\"},{\"key\":\"amount\",\"value\":\"2000000000000000000000000acudos\"}]},{\"type\":\"create_validator\",\"attributes\":[{\"key\":\"validator\",\"value\":\"cudosvaloper1ayq6mrlk5neyuugv7u0wt2tn8zf7e6dxhp2cd2\"},{\"key\":\"amount\",\"value\":\"2000000000000000000000000acudos\"}]},{\"type\":\"message\",\"attributes\":[{\"key\":\"action\",\"value\":\"/cosmos.staking.v1beta1.MsgCreateValidator\"},{\"key\":\"module\",\"value\":\"staking\"},{\"key\":\"sender\",\"value\":\"cudos1ayq6mrlk5neyuugv7u0wt2tn8zf7e6dx2jyevh\"}]}]}]","logs":[{"msg_index":0,"log":"","events":[{"type":"coin_received","attributes":[{"key":"receiver","value":"cudos1tygms3xhhs3yv487phx3dw4a95jn7t7lq2up3k"},{"key":"amount","value":"2000000000000000000000000acudos"}]},{"type":"coin_spent","attributes":[{"key":"spender","value":"cudos1ayq6mrlk5neyuugv7u0wt2tn8zf7e6dx2jyevh"},{"key":"amount","value":"2000000000000000000000000acudos"}]},{"type":"create_validator","attributes":[{"key":"validator","value":"cudosvaloper1ayq6mrlk5neyuugv7u0wt2tn8zf7e6dxhp2cd2"},{"key":"amount","value":"2000000000000000000000000acudos"}]},{"type":"message","attributes":[{"key":"action","value":"/cosmos.staking.v1beta1.MsgCreateValidator"},{"key":"module","value":"staking"},{"key":"sender","value":"cudos1ayq6mrlk5neyuugv7u0wt2tn8zf7e6dx2jyevh"}]}]}],"info":"","gas_wanted":"299665","gas_used":"178486","tx":null,"timestamp":"","events":[{"type":"coin_spent","attributes":[{"key":"c3BlbmRlcg==","value":"Y3Vkb3MxYXlxNm1ybGs1bmV5dXVndjd1MHd0MnRuOHpmN2U2ZHgyanlldmg=","index":true},{"key":"YW1vdW50","value":"MTQ5ODMyNTAwMDAwMDAwMDAwMGFjdWRvcw==","index":true}]},{"type":"coin_received","attributes":[{"key":"cmVjZWl2ZXI=","value":"Y3Vkb3MxN3hwZnZha20yYW1nOTYyeWxzNmY4NHoza2VsbDhjNWwzZzJsNGc=","index":true},{"key":"YW1vdW50","value":"MTQ5ODMyNTAwMDAwMDAwMDAwMGFjdWRvcw==","index":true}]},{"type":"transfer","attributes":[{"key":"cmVjaXBpZW50","value":"Y3Vkb3MxN3hwZnZha20yYW1nOTYyeWxzNmY4NHoza2VsbDhjNWwzZzJsNGc=","index":true},{"key":"c2VuZGVy","value":"Y3Vkb3MxYXlxNm1ybGs1bmV5dXVndjd1MHd0MnRuOHpmN2U2ZHgyanlldmg=","index":true},{"key":"YW1vdW50","value":"MTQ5ODMyNTAwMDAwMDAwMDAwMGFjdWRvcw==","index":true}]},{"type":"message","attributes":[{"key":"c2VuZGVy","value":"Y3Vkb3MxYXlxNm1ybGs1bmV5dXVndjd1MHd0MnRuOHpmN2U2ZHgyanlldmg=","index":true}]},{"type":"tx","attributes":[{"key":"ZmVl","value":"MTQ5ODMyNTAwMDAwMDAwMDAwMGFjdWRvcw==","index":true}]},{"type":"tx","attributes":[{"key":"YWNjX3NlcQ==","value":"Y3Vkb3MxYXlxNm1ybGs1bmV5dXVndjd1MHd0MnRuOHpmN2U2ZHgyanlldmgvMA==","index":true}]},{"type":"tx","attributes":[{"key":"c2lnbmF0dXJl","value":"Y252Y01kMFloSDd3QnhSdTE5a0N3K2NsMTczV3RzNUJUclVrTDFHZDl4dDlkQlRrTUFBSFlCNUhtOTlmMkwwM3liSDBmdHNWL1ZlUmFnTTRxT2cxdVE9PQ==","index":true}]},{"type":"message","attributes":[{"key":"YWN0aW9u","value":"L2Nvc21vcy5zdGFraW5nLnYxYmV0YTEuTXNnQ3JlYXRlVmFsaWRhdG9y","index":true}]},{"type":"coin_spent","attributes":[{"key":"c3BlbmRlcg==","value":"Y3Vkb3MxYXlxNm1ybGs1bmV5dXVndjd1MHd0MnRuOHpmN2U2ZHgyanlldmg=","index":true},{"key":"YW1vdW50","value":"MjAwMDAwMDAwMDAwMDAwMDAwMDAwMDAwMGFjdWRvcw==","index":true}]},{"type":"coin_received","attributes":[{"key":"cmVjZWl2ZXI=","value":"Y3Vkb3MxdHlnbXMzeGhoczN5djQ4N3BoeDNkdzRhOTVqbjd0N2xxMnVwM2s=","index":true},{"key":"YW1vdW50","value":"MjAwMDAwMDAwMDAwMDAwMDAwMDAwMDAwMGFjdWRvcw==","index":true}]},{"type":"create_validator","attributes":[{"key":"dmFsaWRhdG9y","value":"Y3Vkb3N2YWxvcGVyMWF5cTZtcmxrNW5leXV1Z3Y3dTB3dDJ0bjh6ZjdlNmR4aHAyY2Qy","index":true},{"key":"YW1vdW50","value":"MjAwMDAwMDAwMDAwMDAwMDAwMDAwMDAwMGFjdWRvcw==","index":true}]},{"type":"message","attributes":[{"key":"bW9kdWxl","value":"c3Rha2luZw==","index":true},{"key":"c2VuZGVy","value":"Y3Vkb3MxYXlxNm1ybGs1bmV5dXVndjd1MHd0MnRuOHpmN2U2ZHgyanlldmg=","index":true}]}]}
02 Validator created
Visit Explorer and you will see your validator name.
Parameters
--from
This is the new_wallet_keyname or existing_wallet_keyname added to your keyring.
--pubkey
Be sure to insert the full command.
This is the validator's Protobuf JSON encoded public key.
--moniker
You can assign a name for your Validator node. This is the name that will appear in the CUDOS Explorer and be available for others to delegate CUDOS to.
--chain-id
See above.
--commission-rate
This is the commission fee charged to delegators.
This can change once every day up to its commission-max-change-rate and without exceeding the commission-max-rate.
--commission-max-rate
The maximum commission rate that your validator can charge.
--commission-max-change-rate
The maximum daily increase of the validator commission. % point change over the commission-rate.
--min-self-delegation
This is the minimum amount of CUDOS the validator requires to have bonded at all time. i.e. 2M CUDOS. If your validator node's self-delegated stake falls below this limit, it may be jailed and kicked out of the active validator set.
--gas-auto
gas limit to set per-transaction; set to "auto" to calculate sufficient gas automatically (default 200000)
If you set --gas=auto, the gas fee is automatically estimated before executing the transaction.
--gas-prices
Gas prices in decimal format to determine the transaction fee (e.g. 5000000000000acudos) This is the amount to charge for transactions.
--gas-adjustment
This is the adjustment factor to be multiplied against the estimate returned by the tx simulation.
03 Enter your keyring passphrase
Authenticate and authorize the transaction by entering your keyring passphrase.
Success is indicated by the an output as above.
Wait a few minutes, then checkout the Validators tab in Explorer. You should see your MONIKER in the list of validators.
Congratulations 🎉 you have successfully staked on your validator, and it is now operational.