Become a Validator
A validator is a participant in the network who runs validator nodes to run and secure the network. Here are some steps to run a validator node in REI Network:
Step1: Setup a validator node
Following quick start to setup your nodes and make sure your validator node is fully synced.
Quick StartMinimum system requirements
RAM: 16GB
CPU: 4-core
Storage: 500G SSD
Bandwidth: 10Mb/s
Recommended system requirements
RAM: 32GB
CPU: 8-core
Storage: 1T SSD
Bandwidth: Unlimited
Step2: Submit a Validator Profile
This repository (repo) provides the details about offchain informations of validators.
Step3: Vote/Stake to your node
You can stake on REI Network by following the guides below:
Voting for a ValidatorStep4: Set commission rate
Commission rate represents the proportion of the validator's reward, which is a number from 0 to 100. It can only be set by the validator, and the interval between 2 modifications cannot be less than 24 hours.
Eg: If a validator sets the Commission rate to 40, then 40% of the rewards he receives will be distributed to all users who voted for this validator.
Navigate to https://dao.rei.network/#/stake
If the address in your wallet is a validator address, there will be a
Set Commission Ratebutton appears besideVoting to Validator
Click on
Set Commission Rateand enter a percent number you wanna share with voters
import { getDefaultProvider, Wallet } from "ethers";
import { StakeManager__factory } from "@rei-network/contracts";
const provider = getDefaultProvider("https://rpc-mainnet.rei.network");
const wallet = new Wallet("yourPrivateKey", provider);
const stakeManager = StakeManager__factory.connect(
"0x0000000000000000000000000000000000001001",
wallet
);
stakeManager
.setCommissionRate("commissionRate")
.then(() => {
// ...
})
.catch(() => {
// ...
});Step5: Claim validator reward
Click on Get Reward and Claim block producer rewards in the validator list
import { getDefaultProvider, Wallet } from "ethers";
import { StakeManager__factory } from "@rei-network/contracts";
const provider = getDefaultProvider("https://rpc-mainnet.rei.network");
const wallet = new Wallet("yourPrivateKey", provider);
const stakeManager = StakeManager__factory.connect(
"0x0000000000000000000000000000000000001001",
wallet
);
stakeManager
.startClaim("receiveAddress", "claimAmount")
.then(() => {
// ...
})
.catch(() => {
// ...
});Node: The reward will be vested for 7 days before you can finally claim it, checkout Claim Vested Stake
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