Run a Gameluk Validator

The tasks in this section describe how to set up a Gameluk validator

A Validator is tasked with committing new blocks to the blockchain through an automated voting process. If a Validator is unavailable or signs blocks at the same height, their stake will be slashed.

These instructions are provided under the assumption that you have already completed the 'Run a Gameluk Validator' process and are synchronized to the latest block height.

Validators participate in the consensus process by broadcasting votes, committing new blocks to the blockchain, and contributing to the governance of the blockchain. In addition, they can cast votes on behalf of their delegators. The voting power of a validator is determined by their total stake. It is important to note that only validators in the Active Validator Set can sign blocks and receive revenue.

Both validators and their delegators are eligible to earn rewards as outlined below:

• Fees are added to each transaction to avoid spamming and pay for computing power. Validators set minimum gas prices and reject transactions that have implied gas prices below this threshold.

• Mints periodically the chain will mint new tokens, this is configured in the mint module

Validators establish a minimum gas price and reject transactions with implied gas prices below this threshold. The chain periodically mints new tokens, as configured in the mint module. Validators can receive commissions on the fees they collect as an additional incentive.

Token distribution occurs in every block relative to the number of tokens a validator has staked.

Validators who double sign, are frequently offline, or do not participate in governance may face penalties, including the Gameluk of users who delegated to them being slashed. The severity of the violation will determine the extent of the penalty.