I hope everybody, who is interested in Tezos project, knows that couple days ago Tezos Betanet was finally launched and wallets activation process was started. Also now you are able to delegate your stake or become a baker yourself. Here I'll give you step by step instruction how to delegate your ꜩ to gain some passive revenue. I hope you know why you need to do this
Before we start I want to add that you can already trade ꜩ (not futures) on gate.io exchange and don't use hitBTC for this.
1. You need to activate your wallet
a) Go to
https://stephenandrews.github.io/activatez/read there why it is ok to do
b) Enter your Public Key Hash/Address
c) Enter your activation code (you get it after completing KYC at
https://tezos.com)
d) Click Activate
After about 30 sec wallet will be activated
if you get an error than change your browser
2. Restoring your wallet
a) for now the only Light wallet of Tezos is TezBox (
https://wallet.tezbox.com/ or
https://tezbox.github.io/wallet/#/new )
b) click "restore wallet"
c) choose "FUNDRAISER WALLET" on the top right (you will need to enter 15 words seed, password, activation code, address and email)
Yeah, it looks scary a bit, but it seems to be ok. I did it. My friends did it. Everything is working and we still own our ꜩ
It depends on you, may be you will choose to wait for the other wallet or hardware wallet support
d) click "restore Tezbox"
e) next page you may enter your original password to make your funds more secure
On the wallet dashboard you will see your balance like in "Contribution check" on official site.
If not:
-wait couple of minutes
-compare hash address of ICO wallet with the wallet you have entered
-make sure you activated your wallet (step 1)
-repeat step 2
You can avoid Step 2 (using a third-party wallet) if you have a tezos client that can talk to a node. Import your paper wallet with this command:
tezos-client import fundraiser secret key <fundraiser_account>
It looks like you know what to do if you have such a thing
3. Delegatinga) you will need a new KT-adress for delegating, because delegation from tz-address is not allowed
- click "add account" on the left of Tezbox dashboard
-"OK" to origination fee 0.25ꜩ
b)transfer your funds from tz-adress (MAIN by default) to this new dress
-choose "send" in the middle of the dashboard
-fill in your KT-adress
-"amount" (I prefer to start with small amounts to test)
-"fee" type 0
-nothing in "parameters"
-press "send" (this moment could be a bit tricky
May be it depends on browser, I'm not sure, but in Safari I needed to click exactly on the border of the button to activate it. Move your mouse around inside the button to make it looks pressed and than click)
c) go to "Delegate" tab on your KT-adress
- click "custom" to enter your Baker's Delegation code
- or choose one from the list there
d) Choose a baker to delegate him your funds (coins are kept at your own wallet and are transferable at any time)
- Go to
http://tzscan.io/delegation-services to see main delegates
- Check at
http://www.mytezosbaker.com/bakers-list/ for the fact that pool is "Over Subscribed" or choose another baker (if you join delegation service which is oversubscribed you will stay in waiting list and will not gain any interest until there will be a free place for you)
- Choose a delegate and go to their website to see their delegate address
e) fill in Delegation code and press upgrade delegation
f) you can check your status at
http://tzscan.ioGood luck for you all.
PS
And may be you will want to make a test transaction to feel the speed and power of Tezos network, then you can send 1ꜩ to me
