Step-by-step guide to setting up and running a validator node on Injective testnet. Includes hardware requirements, key management, and commission configuration.
Node operators should deploy bare metal servers to achieve optimal performance. Additionally, validator nodes must meet the recommended hardware specifications and particularly the CPU requirements, to ensure high uptime.
This will derive a new private key and encrypt it to disk. Make sure to remember the password you used.
# EXAMPLE OUTPUT- name: myvalidatorkey type: local address: inj1queq795wx8gzqc8706uz80whp07mcgg5nmpj6h pubkey: injpub1r0mckeepqwzmrzt5af00hgc7fhve05rr0q3q6wvx4xn6k46zguzykdszg6cnu0zca4q mnemonic: "" threshold: 0 pubkeys: []**Important** write this mnemonic phrase in a safe place.It is the only way to recover your account if you ever forget your password.
The output will contain a mnemonic phrase that represents your key in plain text. Make sure to save this phrase as a backup of your key, since without a key you will not be able to control your validator. The phrase is better be backed up on physical paper, storing it in cloud storage may compromise your validator later.Remember the address starting from inj, this is going to be your Injective Chain Validator Account address.
In order to proceed with the next step, you will have to obtain some INJ on Injective.You can request funds from the Testnet Faucet.After a few minutes, you should be able to verify that your deposit was successful on the UI. Alternatively, you can query your account balance using the injectived CLI with the following command:
injectived q bank balances <my-validator-inj-address>
Then create your new validator initialized with a self-delegation with your INJ tokens. Most critically, you will need to decide on the values of your validatorās staking parameters.
--moniker - Your validatorās name
--amount - Your validatorās initial amount of INJ to bond
--commission-max-change-rate - Your validatorās maximum commission change rate percentage (per day)
--commission-max-rate - Your validatorās maximum commission rate percentage
--commission-rate - Your validatorās initial commission rate percentage
--min-self-delegation - Your validatorās minimum required self delegation
Once you decide on your desired values, set them as follows.
MONIKER=<my-moniker>AMOUNT=100000000000000000000inj # to delegate 100 INJ, as INJ is represented with 18 decimals.COMMISSION_MAX_CHANGE_RATE=0.1 # e.g. for a 10% maximum change rate percentage per dayCOMMISSION_MAX_RATE=0.1 # e.g. for a 10% maximum commission rate percentageCOMMISSION_RATE=0.1 # e.g. for a 10% initial commission rate percentageMIN_SELF_DELEGATION_AMOUNT=50000000000000000000 # e.g. for a minimum 50 INJ self delegation required on the validator
Then run the following command to create your validator.
--identity= The optional identity signature (ex. UPort or Keybase)--pubkey= The Bech32 encoded PubKey of the validator--security-contact= The validator's (optional) security contact email--website= The validator's (optional) website
You can check that your validator was successfully created by checking the
staking dashboard,
and scrolling down to the āValidatorsā section.
It looks like this:Alternatively, enter the following CLI command:
injectived q staking validators
If you see your validator in the list of validators, then congratulations, you have officially joined as an Equinox Staking validator! š
Step 4: (Optional) Delegate Additional INJ to your Validator
To gain a deeper empirical understanding of the user experience that your future delegators will experience, you can complete the remaining steps in the Staking Guide.These steps will allow you to experience the delegation flow using MetaMask Transactions. š¦Alternatively, you can always use the Injective CLI to send a delegation transaction.
Next, proceed to set up your Ethereum Bridge Relayer. This is a necessary step in order to prevent your validator from being slashed. You should do this immediately after setting up your validator.
