Hello everyone. I'm looking for information on how to set

Question

Hello everyone. I'm looking for information on how to set

up my validation node. Has anyone already calculated +- the amount of money needed to buy the necessary material? Thank you in advance.
[16:09]
I also looked at the rewards of the current validators and I'm having a hard time understanding the formula. If you have an idea how to calculate the rewards. Thank you very much.

#cryptocurrency #english #velas

0

30.03.2022

7 ответов

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Hossein

https://docs.velas.com/running-validator/validator-reqs/

0

30.03.2022

BCD

Did u get any feedback from the group?

0

30.03.2022

Hossein

BCD
Did u get any feedback from the group?

https://t.me/velascommunity/344545

0

30.03.2022

Guethenoc Автор вопроса

BCD
Did u get any feedback from the group?

Yes on the discord they are responsive.

0

30.03.2022

BCD

Hossein
https://t.me/velascommunity/344545

Any feedback on the monetary benefits of running a node with a real number on existing nodes?

0

30.03.2022

BCD

Guethenoc
Yes on the discord they are responsive.

Ill look for the group

0

30.03.2022

Hossein · Accepted Answer

How do I stake my VLX tokens? In order to stake tokens on VLX, you first will need to transfer some VLX into a wallet that supports staking, then follow the steps or instructions provided by the wallet to create a stake account and delegate your stake. Different wallets will vary slightly in their process for this but the general description is below. There are two options for staking in the Velas system — creating your own pool and becoming a validator or Join an existing pool as a delegator. To become a Validator user should have at least 1 mln of VLX Tokens To become a Delegator user should have at least 1 VLX Every 6 hours (currently) 19 nodes are chosen based on their reputation. When a node is chosen, it will generate a reward at the end of the epoch and it will be distributed between and all delegates. Nodes and delegates generate rewards based on balance, the distribution of the reward generated in a node is 40% the for pool organizer (as a minimum), and 60% to be distributed among all the delegates based on their balance. The process is done through a smart contract that the user can finish and withdraw their balance whenever they want, totally safe, and secure for the user.

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