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Validator

title: Validator description:​

Become a Staking Validator​

Staking on Starknet provides an opportunity to contribute to network security and earn rewards by becoming a validator. Check out the Becoming a Validator guide to learn more about the validator process.

1. Prerequisites​

  • STRK Tokens: At least 20,000 STRK is required for staking. For the latest details, check out the Staking Protocol Details.
  • Node Setup: The latest version of Juno installed and running on your machine.
  • Starknet Wallet: A compatible wallet, like Braavos or Argent.

2. Create 3 different wallets and give it a name​

tip

Make sure 3 Wallets deployed by using STRK to send and receive at least 0.1 STRK

  • STAKING_ADDRESS: Hold 20K STRK + 1 STRK as fee
  • REWARDS_ADDRESS: Use this address to run smart contract and receive the reward
  • OPERATIONAL_ADDRESS: Hold 100 STRK for attesting

3. Approving STRK transfer​

To stake your STRK tokens, you first need to approve the transfer of STRK tokens from your staking address to the Staking contract.

spender (Starknet Staking Contract): 0x00ca1702e64c81d9a07b86bd2c540188d92a2c73cf5cc0e508d949015e7e84a7

amount (20K): 20000000000000000000000

  • Transact

4. Locking STRK​

Once the transfer is approved, you can lock your STRK tokens into the Staking contract by using your staking address to invoke the Staking contract’s stake function

reward_address: Fill the reward address you has created before

operational_address: Fill the operational address you has created before

amount (20K): 20000000000000000000000

  • Transact

5. Setting commission​

Once your STRK tokens are locked, you can initialize your commission by using your staking address to invoke the Staking contract’s set_commission function

commission: 1000

tip

The commission rate to set for your delegation pool, as a percentage with precision where 10,000 represents 100% (1000 represents 10%)