Creating Validator
This guide assumes you are using the same machine as the full node.
Perform the following steps as your vesta
user.
Creating A Wallet
We need to create a wallet and set the keyring password.
vestad keys add WALLET_NAME --keyring-backend os
This wallet is used to claim rewards, commission and to vote as your validator.
You will see a similar output once created.
- address: vst1xr2j5l0d9nmj9w5av3ll58jcg98k2c8uz0jpml
name: WALLET_NAME
pubkey: '{"@type":"/cosmos.crypto.secp256k1.PubKey","key":"AuGnw1Eoe7gK/h3UTI4G5RQL+vvVZ7IQV63jkyZDNrAc"}'
type: local
**Important** write this mnemonic phrase in a safe place.
It is the only way to recover your account if you ever forget your password.
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Be sure to back up the seed phrase of your validator wallet. It's also recommended to keep an offline copy along with your key files. Remember, your key files cannot be restored and must be backed up. See the installation page for instructions.
You should also back up your keyring files.
Change WALLET_NAME
to the name of your wallet.
mkdir ~/keyring_backup
cp ~/.vesta/WALLET_NAME.info ~/keyring_backup
cp ~/.vesta/keyhash ~/keyring_backup
Setting Up
Configure Gas Prices
As a validator, you'll need to set a minimum gas price like so:
GAS="0.02uvst"
sed -i.bak -e "s/^minimum-gas-prices *=.*/minimum-gas-prices = \"$GAS\"/" $HOME/.vesta/config/app.toml
Create Your Validator
Before continuing, please note that commission-max-change
and commission-max-rate
cannot be changed once you set them. Your commission-rate
may be changed once per day.
There are a few things you will need to alter in this command. amount
needs to be changed to what you are starting your self bond as. from
needs to be the name of your wallet you created earlier. The moniker
, details
, identity
, website
, and security-contact
should all be filled with the appropiate information.
vestad tx staking create-validator \
--amount 1000000uvst \
--commission-max-change-rate 0.10 \
--commission-max-rate 0.2 \
--commission-rate 0.1 \
--from WALLET_NAME \
--min-self-delegation 1 \
--moniker "YOUR_MONIKER" \
--details="YOUR DETAILS" \
--identity "PGP IDENTITY" \
--website="https://example.com" \
--security-contact="your-email@email.com" \
--pubkey $(vestad tendermint show-validator) \
--chain-id vesta-1 \
--gas-prices 0.02uvst