How to nominate HydraDX validator

To nominate, a validator in the HydraDX network needs to follow a few simple steps:

• Bond your tokens if you haven't already

• Nominate a validator

Bonding tokens

Open the Polkadot/apps portal and connect to the HydraDX network or simply follow this link https://polkadot.js.org/apps/?rpc=wss%3A%2F%2Frpc-01.snakenet.hydradx.io#/explorer​

Go to the menu Network > Staking

Select the Account Action, then press +Stash

In the window that opens, we need to correctly specify the following parameters:

• stash account - piggy bank account from which HDX tokens will be bonded

• controller account - the account controller is selected the same as the previous one

• value bonded - the volume of tokens that you want to deposit for nominations

• payment destination - the account to which I will receive staking rewards

After everything is filled in, click the Bond button, then Sign and Submit in the window that appears, enter the password from the wallet and click Sign the transaction.

Attention: Do not lock all HDX tokens, leave some to pay transaction fees. Please also note that in the event of a unbond, coins will only be available after 28 days.

Nominate a validator

Being in the same section Network > Staking > Account Action, an entry appeared in the stashes list about how many coins we bonded, then on the right click the Nominate button.

In the window that appears, in the filter field, enter the address or name of the validator of interest, then in the left window, click on the required validator to add it to the right window, then click Nominate, then Sign and Submit in the next window, enter the password from the wallet and click Sign the transaction.

Address of our WEB3-SPACE validator in the HydraDX network

7Kv7qgK8QMAq1YR8c1mRyuYKm3WHdpLsxagq4Wy5M4oXreu2

Own stake over 500K, commission 1%

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