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How I bootsrapped an ERG/XAU pool on testnet

Before you start

Plan pool parameters

Let's say we have 5 operators. We want to keep consensus above 1/2, so it means we can start a pool of 9 oracles (oracle_tokens:quantity: 9, ballot_tokens:quantity: 9), with 5 oracles threshold for minimum data points (min_data_points: 5) and voting (min_votes: 5). This way, we'll have 3 vacant oracles places in case someone wants to join later.

Step 1. Generate a bootstrap config template

Run

oracle-core bootstrap --generate-config-template bootstrap.yaml

Step 2. Edit your bootstrap config template

I made the following changes:

  • Set the parameters described in Plan pool parameters
  • Name the tokens in tokens_to_mint section.
  • Set your node credentials in node_* parameters.
  • Set data point source data_point_source: NanoErgXau
  • Set oracle_address to my node's wallet address (make sure you have coins).

So in the end, it looked like - https://gist.github.com/greenhat/2c6135462fba48773196ad45dd6c7404

Step 3. Run bootstrap command

Run

oracle-core bootstrap bootstrap.yaml

It submitted the txs to mint the tokens and make pool, refresh, update boxes. Besides that, it created oracle_config.yaml config file to run an oracle.

Step 4. Invite other operators

To invite other operators, I'm sending one oracle, reward, and ballot tokens to the operator's oracle addresses. I'm using https://github.com/ergoplatform/oracle-core/blob/develop/scripts/send_new_oracle.sh for this task.

Step 5. Start your oracle

I started my oracle with the following:

oracle-core run

And it posted the first data point.

Step 6. Send oracle config to the operators

I made an oracle_config.yaml template with

oracle-core print-safe-config > template.yaml

and uploaded it to https://gist.github.com/greenhat/9a0012de5daceac7fa8f6e16c8d11d0f

I asked the operators to set node_ip, node_port, node_api_key, oracle_address to their values and put the file as oracle_config.yaml in the same folder and start the oracle with

oracle-core run

After they start their oracles keep an eye on your oracle log file and wait for refresh tx generated. It means your pool is running and the pool box was updated.