Another day, another milestone achieved. This time we have launched the Validator Staking on the Chronos Testnet. As we start preparing for the Mainnet update (Kratos) scheduled for August 31, 2020, it is important to onboard the potential validators and get them familiarized with the staking methodologies.
If you intend to run a Validator node for Mainnet (Kratos), please sign up here. This information is needed so that we can be in constant communication with you, should we need to go through any network upgrades. *You do not need to fill out the form if you are only Testing the Validator Staking on the Testnet, and do not intend to participate in Mainnet Validator Staking.
To run a Validator Node on the Chronos Testnet, please follow the documentation given below:
1. Chronos Tutorial – Running A Fullnode (watch video)
2. Chronos Tutorial – How to get OLT to stake
3. Chronos Tutorial – Validator staking (watch video)
If you need any help with setting up the Fullnode or any technical assistance, our Development team would be more than happy to assist you through the official OneLedger Development Channel.
To calculate the estimated Validator Staking rewards, please download the OneWallet.
We are introducing a unique Tier-based rewarding mechanism to encourage community participation and ensure the sustainability of the OneLedger network in the long-run.
The Tiers are identified as follows: