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Min_Staked_Guide.md

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To change the minimum staked amount (also known as the minimum validator bond) using a Sudo account , you can follow these steps:

Step 1: Access the Sudo Section

  1. Navigate to the Developer Section: On your Substrate-based blockchain's UI, go to the Developer section.
  2. Select the Sudo Module: Click on the "Sudo" option. This will allow you to execute privileged functions using the Sudo account.

min_staked_01

Step 2: Select Staking Module and Function

  1. Select the Staking Module: In the "Call" dropdown, select the "staking" module.
  2. Choose the setStakingConfigs Function: This function allows you to configure various staking parameters, including the minimum validator bond. Set the min validator bond with 18 Decimal

Step 3: Set the Minimum Validator Bond

  1. Set Min Validator Bond: Under the setStakingConfigs function, find the parameter for min_validator_bond. Enter the desired amount for the minimum validator bond.
  2. Submit the Transaction: Click on "Submit Sudo" to execute the transaction. This will update the minimum staked amount on the blockchain.

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Step 4: Confirmation

After submitting the transaction, you'll need to wait for it to be included in a block and finalized. Once it's finalized, the new minimum validator bond will be enforced on the network.

Step 5: Unbound

After the confirmation A validator who has staked using previous minimum bonding amount can unbond the extra amount . But he needs to wait for bondiing duration to unlock his extra amount of AGC . For this you need to go to staking > Accounts > Validators section . There you will find 3 dots , click it and you will find unbond option .