Crypto.org Chain Validator hailing from Singapore. Stake your CRO with us!
Bringing over experience from Crossfire dry run, which provided valuable insights into hosting a validator.
Join one of the top community validators!
SSH is whitelisted (only specified IPs can connect) and using PKI (only private-public key pair can login).
Validator owner key is stored on hardware wallet.
TMKMS is not production ready and not used.
Multiple monitoring systems ensures maximum uptime and low risk of downtime. Standby nodes are readily available to take over at anytime. No validator keys are stored on them and hence no risk of double signing.
Servers uptime monitoring: https://status.xstaking.sg/
Fees are set at 1% and will increase by 0.5% per month until it is 3.5%. This will be used to pay for hosting services, development of monitoring solutions and giveaways.
Max. 3.5% fees will be guaranteed until end 2021. This means that at 20% APY, you'll be getting 19.3%.
Max Rate 10% and Max Change Rate 1%. This means that Fees can never go above 10%, and can increase by 1% maximum every 24 hours. These values can never be changed.
100k CRO is self-delegated. There is no incentive to fail!
How to stake?
Defi Wallet App
Ensure you already have CRO in your cro1xxxx address.
Click Earn > Earn More > CRO.
Enter the amount that you would like to delegate (remember to leave some CRO for gas).
Select "[SG] X Staking" from the list and confirm
Select Staking > Delegate Funds and enter crocncl14vxzdsxtmat7hvz58trk823adg3pjh4xh6ghm6 for the validator address.
NEW in version 0.1.6 of the Desktop Wallet. Click the button in Validator address to open up a list. Just click select for [SG] X Staking!
Remember to leave some CRO for gas! (0.1 is enough)
Ensure you already have CRO in your cro1xxxx address. You can generate one on Defi Wallet app.
Extract to your favourite location.
Shift+right-click on File Explorer and open PowerShell window.
Add your wallet with your recovery phrase .\chain-maind.exe keys add Default --recover
If using a ledger, add --ledger behind.
Enter your 12/24 words. (Always keep a backup of these words!)
Ensure the address in Defi Wallet is same as what is shown.
.\chain-maind.exe tx staking delegate crocncl14vxzdsxtmat7hvz58trk823adg3pjh4xh6ghm6 [amount]cro --from Default --chain-id "crypto-org-chain-mainnet-1" --gas 200000 --gas-prices 0.1basecro --node https://mainnet.crypto.org:26657
Replace [amount] with your desired value.
If you get RPC error -32603 - Internal error: timed out waiting for tx to be included in a block error, you can usually ignore it. Check your transaction on the explorer.
You may delete the keys from your computer with .\chain-maind.exe keys delete Default