Kratos Tutorial - How to get OLT To Stake

Pre-requisites

Have a full node running (Please check “Kratos 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:

Prepare enough OLT for staking

This can be done through Kratos Wallet extension. Click here to access the extension.

1. Create an account on Kratos 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: