Autostake-poc

Requirements

docker

tested on Mac with docker version: 4.12.0, Engine: 20.10.17, Compose: v2.10.2

optional requirements:

# (in default go path ~/go/bin/gaiad)
gaiad 

otherwise, just run the following command for gaiad:

./bin/gaiad-v7.0.3-darwin-amd64

Ref:

https://github.com/cosmos/gaia/tree/v7.0.3

Gaia version:

name: gaia
server_name: gaiad
version: v7.0.3
commit: d0884c29aac4c1e647b0a82f3df31515d2bd06a3
build_tags: netgo,ledger
go: go version go1.18.2 darwin/amd64

Info

Cosmos-based projects contains the gaiad tx distribution withdraw-rewards and gaiad tx distribution withdraw-rewards --commission command to withdraw your rewards via a manual triggered transaction.

There are several automatic withdraw / auto compound projects like https://restake.app/ https://github.com/eco-stake/restake

Restake uses the authz module and an additional service for validators to withdraw rewards.

In this project I implemented withdraw rewards directly into chain app. After staking/delegating you'll be able to watch your account balance increasing at every block. You don't need to enter manually gaiad tx distribution withdraw-rewards and gaiad tx distribution withdraw-rewards --commission command any more.

This is a showcase project and it setups a local testnet in docker on your machine.

The withdrawing code isn't released here, but you can use my "gaiad" binary in bin/ folder to play with and test it :)

Start

In this folder:

./start.sh

or alternatively:

docker compose up -d

Test

Test it and type in your cli in this project dir: First cmd:

gaiad q bank balances cosmos1hk06zl6krdnamxljwheq7372kf5g6688gmdhc3

Second cmd:

gaiad tx staking delegate cosmosvaloper1gddnzwdchpp24446k55tdhctfmjsg6ls947g7p 10000000stake --from tl --home app-home/ --keyring-backend test --chain-id autostake

Repeat this cmd to see changes:

gaiad q bank balances cosmos1hk06zl6krdnamxljwheq7372kf5g6688gmdhc3

or alternatively:

Test it and type in your cli in this project dir: First cmd:

./bin/gaiad-v7.0.3-darwin-amd64 q bank balances cosmos1hk06zl6krdnamxljwheq7372kf5g6688gmdhc3

Second cmd:

./bin/gaiad-v7.0.3-darwin-amd64 tx staking delegate cosmosvaloper1gddnzwdchpp24446k55tdhctfmjsg6ls947g7p 10000000stake --from tl --home app-home/ --keyring-backend test --chain-id autostake

Repeat this cmd to see changes:

./bin/gaiad-v7.0.3-darwin-amd64 q bank balances cosmos1hk06zl6krdnamxljwheq7372kf5g6688gmdhc3

Stop / Reset database

./stop_reset.sh

or alternatively:

docker compose down

Additional Info

Chain-id: autostake

Test Validator operator address (e.x. for staking): cosmosvaloper1gddnzwdchpp24446k55tdhctfmjsg6ls947g7p

Test Validator account with name bl and address: cosmos1gddnzwdchpp24446k55tdhctfmjsg6lsqp2ajj and 1000000000000stake

Test User account with name tl and address: cosmos1hk06zl6krdnamxljwheq7372kf5g6688gmdhc3 and 1000000000000stake

RPC on your local machine: http://localhost:26657

You can use the existing accounts to send coins/balances to your or other newly created accounts.

For gaiad logs run: docker compose logs -f