Validator & Operator Prerequisites

NOTE: To become a reffiner operator, you must first contact the covalent team on discord or telegram so that your operator address and staking address are whitelisted.

Discord: https://discord.com/invite/VHgmzB9973

Telegram: https://t.me/CovalentHQ

1. Provide Covalent with two public addresses

• Staking Address: This is the address of the wallet holding your CQT on Moonbeam

• Operator Address: This is a public address tied to the private-public key pair an operator will use to sign proof transactions to the proof-chain contract. It is not tied to any network. It can be generated using the BIP-44 mnemonic multi-account deterministic algorithm. It can be generated using https://iancoleman.io/bip39/ (select 24 words, Coin: ETH)

• Please provide the public address to this pair to Covalent. Keep the private key secret and safe. Please make sure that the Staking address and Operator Address are separate.

2. 35,000 CQT on Moonbeam. If you have not bridged your CQT to Moonbeam, here is a guide on how

3. GLMR is needed to pay for gas on Moonbeam

   • in order to send proofs of block specimens. This costs approximately 5 GLMR per day. This should be held at the same address as the Operator Address.

   • in order to stake your CQT

4. Access the Covalent Network Operator Dashboard. Import your Validator private key into Metamask, select the Moonbeam network (chain_id: 1284) and connect your Staking wallet to the operator dashboard. Your operator should be currently disabled. you can add the rpc to chainlist
5. Self-Stake the Minimum CQT Staking requirement on Moonbeam (35,000 CQT) for refiner. This is done using the Change Stake button in your operator dashboard. Proceed to first set Stake Amount to 35.000 and click Approve. After the on chain approval transaction completes, click on Stake. Once the staking transaction completes, your Staking Status should display Sufficiently Staked.
6. Get access to a reliable Moonbeam https RPC. Providers and RPC URLs can be found here. Ping the Covalent team on discord for recommendations