πŸͺΌPell Network - Pell Devnet 0.1.0 Node Setup

REq :

CPU
RAM
Disk
Ubuntu

4+

8+

200+

Ubuntu 22.04+

πŸš€Update

Docker :

Install Docker-Compose :

Docker Permission to User

Contact the Pell Network Team And Collect The Accsess πŸ”₯

Docker Login :

Pull the latest Pell Node image :

Starting Pell P2P Node :

Change <your_node_name> with your moniker name :

Get $PELL Test Token :

Enter the Docker container environment to retrieve your node's address. This is necessary to request test tokens for staking. Run the following command to access the running container:

Create and retrieve your node’s address with the following command:

Contact the Pell team with your address to receive $PELL test tokens for staking. πŸ”₯

Once you have received the tokens, you can verify the balance of your account using this command:

Change <your_pell_address> with your Pell Adress.

Create Your Validator :

Create a new validator by staking apell tokens. Here is an example of creating a validator on PellChain Devnet. Save the transaction hash from the output.

  • amount is the amount of tokens to be bonded

  • moniker is the validator's name

  • commission-rate is the commission rate on block rewards and fees charged to delegators

  • commission-max-rate is the maximum commission rate that this validator can charge. This parameter is fixed and cannot be changed after the validator is created

  • commission-max-change-rate is the maximum daily increase of the validator commission. This parameter is fixed cannot be changed after the validator is created

  • min-self-delegation is the minimum amount of apell the validator requires to have bonded at all time. If the validator's self-delegated stake falls below this limit, the validator gets jailed and kicked out of the active validator set

  • gas-prices is gas prices in decimal format to determine the transaction fee

  • When specifying commission parameters, the commission-max-change-rate is used to measure % point change over the commission-rate. E.g. 1% to 2% is a 100% rate increase, but only 1 percentage point

  • min-self-delegation is a strictly positive integer that represents the minimum amount of self-delegated voting power your validator must always have

To confirm your validator is created, run this command which shows the current status of your validator.

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