Witness operations
Become a witness
Step 1: Go to mainnet-scan.oortech.com/witnesses and select "Become a Witness".
Step 2: First, ensure that there are at least 200k $OORT + gas fee in the witness account that was created in Run a witness node. You should specify the Witness Reward Ratio and click "stake" button. Once self staking is successful, the witness pool is created and the witness will be pending state. The node will be qualified as a witness candidate only if 300k more $OORT are staked from the community, so that the total staking reaches 500k required amount.
The amount of self stake is 40% percent of of the total stake. However, consider the cost of running a physical machine or leasing a cloud machine, it's suggested to set Witness Reward Ratio from 50% to 60%.
Witness information
Here are the explanation of different witness status.
Witnessing
The account is 1 of the 14 active witnesses for validating blocks.
Candidate
The account is a witness candidate and maybe selected as the active witness for block validating in next epochs.
Pending
The account has created the witness pool but doesn't have enough staking from the community.
Offline
The witness pool has enough staking. However, the witness node is offline.
Exiting
The account has applied to exit as the witness.
Exited
The account has exited as the witness, and it is allowed to withdraw the staking.
Apply to exit
A witness will allow to close the staking pool and apply to exit anytime. Click "Apply to Exit" so that the the witness status will be changed to "Exiting". After 3 Epoches, the witness status will be changed to "Exited", and then you can click "Unstake" to withdraw the 200k $OORT staking from the pool.
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