As a Node Operator
How to use Pi Pool as a Node Operator
Last updated
How to use Pi Pool as a Node Operator
Last updated
Creating a Testnet or Mainnet Node
To participate in Pi Staking as a node operator and earn rewards on your staked PPY, you must have a PulseChain node. For instructions on creating a node, refer to the Official PulseChain guides. After obtaining the validator credentials (public key, signature, data deposit root, and withdrawal address), return to Pi Staking, then create a Node ID.
A Pi Pool is a validator funded by PLS from liquid stakers through the deposit pool, along with PLS contributed by node operators during their registration with Pi Staking.
The following steps demonstrate how to create a Pi Pool on Testnet, in which, the steps will be the same on Mainnet.
To create a Pi Pool, you must generate a Node ID. The Node ID tracks metrics, status changes, and other key information for Pi Pools.
After creating your Node ID, select the amount of days you would like to validate click Next to proceed. If the page fails due to an issue like losing your internet connection, you can re-upload your credentials, and the system will retrieve your Node ID.
Project Pi Yield (PPY) is our native token. You will need to stake a minimum 25% collateral in PPY in order to proceed. Early Stakers will need to stake a minimum of 33%.
Deposit the 16 million PLS needed to create the Pi Pool. The first 100 Early Stakers will be able to stake 8 million PLS
You've successfully created a new Pi Pool. The next step is to wait for your validator to be matched with PLS from liquid stakers.
