Skip to main content

3. Stash and Controller Accounts

In this step you will add or import your stash and controller accounts to the xx network Web Wallet (https://wallet.xx.network).

About Validator Accounts​

warning

The Stash and Controller accounts can be the same account but it is recommended to use two accounts as a way to reduce the risk of lost funds.

  • The stash account holds the bonded and staked xx coins of the validator. This is also the account that era rewards are paid into.

  • The controller account holds a small amount of transferable xx coins that can be used to make changes to the validator preferences and initiate payouts.

tip

Once you have completed Staking the Validator, the stash account can be removed from the Web Wallet, thus reducing the chances of the account being compromised.

Funding of the Stash and Controller Accounts​

It is recommended to have the following minimum amounts of xx coin in the accounts.

Stash Account​

  • Minimum Stake: 1,000 xx
  • Transferable for fees: 25 xx
  • On-chain Identity (Optional): approx. 21 xx

Controller Account​

  • Transferable for fees: 10 xx
  • On-chain Identity (Optional): approx. 21 xx
tip

If you wish to set an on-chain identity, it will require a deposit of approx. 21 xx coins as noted above. The deposited xx coins are not bonded and will be returned as transferable if you clear the on-chain identity.

Add or Import the Stash and Controller Accounts​

Visit Accounts > My accounts page to add your stash and controller accounts. If you select "Add account" you will use the standard mnemonic seed phrase to add the account. In the video, the accounts are imported using JSON files that were created and downloaded when the accounts were generated.