Become a validator and earn Dock tokens

Participate by running a Dock node
SIGN UP
Join chat

Become a Validator

Validators will play an essential role in the Dock Network. They process transactions and validate that other validators are also processing them correctly.
Learn more

Validator roadmap

The validator testnet and initial mainnet will use Proof of Authority (PoA) consensus and Dock is seeking approx 10 validators for the testnet. The best performing validators will graduate to Dock’s PoA mainnet. The network will transition to Proof of Stake during 2021, an estimated 6 months after the token migration from the current ERC20 to Dock’s native token.
Learn more

Rewards and coin distribution

The network will start in a Proof of Authority phase and graduate to Proof of Stake over time. The validator rewards will vary at each stage of development. The PoA network will be limited to 10 validators and their performance in the testnet determines if they will be allowed in the PoA mainnet.
‍
During PoA mainnet, It is anticipated that 15,000 Dock tokens will be available for each validator per epoch (10 days). The network offers an equal opportunity to each validator to earn rewards.

During the PoS mainnet, circa 200M Dock tokens dedicated to rewards will be released over 25 years. The number of validators will be capped at around 50. The proposed token release schedule is as follows:
Year Tokens released Tokens remaining Circulating supply
1 50,072,651 150,217,953 849,782,047
2 37,554,488 112,663,465 887,336,535
3 28,165,866 84,497,599 915,502,401
4 21,124,400 63,373,199 936,626,801
5 15,843,300 47,529,899 952,470,101
10 3,759,689 11,279,068 988,720,932
15 892,192 2,676,576 997,323,424
20 211,721 635,164 999,364,836
25 50,242 150,727 999,849,273
Year 1
Tokens release
50,072,651
Tokens remaining
150,217,953
Circulating supply
849,782,047
Year 2
Tokens release
37,554,488
Tokens remaining
112,663,465
Circulating supply
887,336,535
Year 3
Tokens release
28,165,866
Tokens remaining
84,497,599
Circulating supply
915,502,401
Year 4
Tokens release
21,124,400
Tokens remaining
63,373,199
Circulating supply
936,626,801
Year 5
Tokens release
15,843,300
Tokens remaining
47,529,899
Circulating supply
952,470,101
Year 10
Tokens release
3,759,689
Tokens remaining
11,279,068
Circulating supply
988,720,932
Year 15
Tokens release
892,192
Tokens remaining
2,676,576
Circulating supply
997,323,424
Year 20
Tokens release
211,721
Tokens remaining
635,164
Circulating supply
999,364,836
Year 25
Tokens release
50,242
Tokens remaining
150,727
Circulating supply
999,849,273
Learn more

Governance

Just as the start of the validator test network signals the start of the Dock network infrastructure being decentralized we are also taking steps to ensure decentralized network governance. To that end, we have set up a Swiss non-profit organization that will manage the treasury funds and oversee the development, governance and promotion of the network.
‍
The council will consist of anywhere between 3 and 15 members and selection of council members is ongoing and the association is seeking diversity within the council to provide a wide range of skills and perspectives. For expediency the initial council members will be selected by Dock but this will transition to a more democratic voting process in the near future.
Learn more

Tech requirements

Any cloud provider can be used to run a Dock node with reasonable pricing. Specifically, the following are required:
  1. 1 or 2 publicly accessible machines
  2. At least 4 GB of RAM
  3. At least 50 GB of SSD
  4. Bandwidth of 10 Mbps over WAN
Some familiarity with provisioning machines (either cloud or on-prem) and some familiarity with Linux command line is needed to run the provided scripts to generate keys and deploy node. Dock currently supports Ubuntu 18.04.

Validator onboarding

The process for expressing interest in becoming a validator is as follows:

1. Fill out the the Expression of interest form
 

Go to form

2. Join Dock’s Candidate validators Riot channel (Optional)

Join channel
We anticipate replying to each completed form within 1 - 2 weeks and if successful we will continue the onboarding process. If your application is unsuccessful we will confirm by email.

If succesful we will:
  • Send an email confirmation
  • Request that you fill in a short form with public keys and account information
  • Add you to our Slack channel for Dock validators
  • Put the validator in queue, keep at most 5 validators in standby
In response, you should:
  • Generate Aura and Grandpa keys
  • Generate account (blockchain address) for receiving block rewards
You can either generate the above on your own or use the provided scripts.