Incentivized Task

Task 1) Set the commission rate between 5% — 7%

// Change to 5%
blockxd tx staking edit-validator --chain-id="blockx_12345-2" --commission-rate="0.05" --from=wallet --gas auto -y

// Change to 6%
blockxd tx staking edit-validator --chain-id="blockx_12345-2" --commission-rate="0.06" --from=wallet --gas auto -y

// Change to 7%
blockxd tx staking edit-validator --chain-id="blockx_12345-2" --commission-rate="0.07" --from=wallet --gas auto -y

2) Claim your staking rewards

You can claim staking rewards after stake to your own nodes or any other nodes :) then for claiming, you can use the explorer staking menu, choose your staked validator, then withdraw your commission. or use code below on your active nodes:

// Withdraw Delegator Rewards
blockxd tx distribution withdraw-all-rewards --from wallet --chain-id blockx_12345-2 --gas-adjustment 1.4 --gas auto --fees 500abcx -y

// Withdraw Delegator Rewards + Withdraw Validator Commission
blockxd tx distribution withdraw-rewards $(blockxd keys show wallet --bech val -a) --commission --from wallet --chain-id blockx_12345-2 --gas-adjustment 1.4 --gas auto --fees 500abcx -y

3) Delegate at least 100 BCX to another validator

use https://ping.blockxnet.com/blockx-testnet/staking and stake to any other than your own validator. for example: NakedCat 😄

4) Go to https://faucet.blockxnet.com and claim free tokens then transfer 5 BCX to your Validator address. This can only be done with the help of Keplr wallet as Keplr allows you to have both a 0x address and a blockx address in the same account.

just claim your free tokens from faucet. or tag me on @CodeBlockLabs telegram group (blockX topic) with your evm wallet address.

5) Create a token with the validator name as the token name.

Official tutorial are available on https://docs.blockxnet.com/introduction/deploying-smart-contracts/remix

6) Proposal #1 will be created which is a Community Spend proposal type, validators must vote YES

// YES on proposal #1
blockxd tx gov vote 1 yes --from=wallet --chain-id="blockx_12345-2" --gas-adjustment 1.4 --gas auto --gas-prices 0abcx -y

7) Proposal #2 will be created as a Parameter Change proposal type, validators must vote NO

// NO on proposal #2
blockxd tx gov vote 2 no --from=wallet --chain-id="blockx_12345-2" --gas-adjustment 1.4 --gas auto --gas-prices 0abcx -y