Create a Pool
Last updated
Last updated
To create a nomination pool using the PolkaGate extension, open the extension in full-screen or regular mode. The process is similar for both modes; below, we demonstrate the full-screen mode, but the steps are the same in extension mode. First, open the PolkaGate extension and click the full-screen icon in the top right corner.
In full-screen mode, first select the account (e.g., Alice) and the token for which you want to create a pool. Then, click to open the quick action menu, where you’ll find the pool staking icon to proceed.
After clicking on “Pool Staking,” you will be directed to the Pool Staking page, where you can click the stake “+” icon to view staking options.
Check the minimum requirements to create a pool, then select ‘Create a Pool’ to access the input page.
Fill in the inputs, including the pool name and the amount you want to stake as the pool owner. You can either configure the pool roles or leave them as default. Then, click ‘Next’ to proceed to the review page.
If everything looks good, enter your password and click ‘Confirm.’ After a brief wait, if everything goes smoothly, your first staking pool will be created. Hooray!
Click ‘Done’ on the confirmation page to access the ‘Staked in Pool’ page, where you can view and manage your created pool. You can also claim your rewards, which will begin after approximately two days.
