Pre-requisites
Have a full node running (Please check “Chronos Tutorial - Running A Fullnode”)
⚠️ In this document we will assume that there are less than 16 validators in the network, so a minimal staking amount of 3 Million will be enough.
Add an account to the fullnode
cd $OLDATA
⚠️ ALL COMMANDS in the rest of this document will need to be running under this directory by default, if you prefer otherwise, please add --root $OLDATA to the command arguments.
sudo olclient account add --name "your preferred name for memorisation"
then input the password to protect the account
Or
sudo olclient account add --name "your preferred name for memorisation" --password "YourPassword"
Show all your accounts on the node
sudo olclient list
And you should see result similar to below:
|
Accounts from Secure Wallet: Address: YourAccountAddressWith0ltPrefix Balance: 0 OLT |
Prepare enough OLT for staking
This can be done through Chronos Wallet extension. Click here to access the extension.
1. Create an account on Chronos Wallet extension
2. Mint some OLT
⚠️You may need to mint multiple times to reach a target amount, since each time the mint limit is 0.5 Million OLT, and be aware there is a 1-minute waiting time between every 2 mints.
3. Send at least 3 Million OLT to the previous created account
(YourAccountAddressWith0ltPrefix).
⚠️ Since there is a transaction fee for each transaction, make sure to send more than 3 Million OLT in your account to successfully follow the steps.
After this, the result of sudo olclient list on your full node, it should look like this before we move to next section:
|
Accounts from Secure Wallet: Address: YourAccountAddressWith0ltPrefix Balance: 3000001 OLT |