Set up and operate Privanetix node

Follow this guide to set up and operate Privanetix node:

Note: All numbers, time and addresses shown in the screenshots below are for demonstration purposes only and do not represent real data.

The Privanetix node only supports the Ubuntu operating system, and the CPU must not be of ARM architecture.  We currently recommend using the OKX wallet for the best experience.

1

Launch the operating program and activate your Privanetix node
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Privanetix node supports only the Ubuntu operating system. Click the link to view the tutorial.

How to launch the node program

2

Create your Privanetix node in the Dashboard
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1. Go to the Dashboard - My Privanetix Node page
2. Connect Your Wallet.
3. Create your Privanetix node by clicking [Set one up now].

4. Fill in your Privanetix node information:
a. Enter your node name.
b. Set your commission rate (only values between 1% and 20% will be accepted).
c. Enter your node address (obtained from the operating program).

3

Manage my Privanetix node
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1. You can view the node details on the "My Privanetix Node" page.

4

Stake my Privanetix node
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1. First, you need to claim tokens from the Arbitrum testnet Faucet and the Privasea Testnet Faucet:

2. On the "My Staking" page, locate the "Privanetix Node" and navigate to the Details page.

3. Navigate to the "Privanetix node details",click【Stake】

4. For your first staking, you need to authorize the amount you wish to stake. Please note that the authorized amount must be larger than or equal to the amount you plan to stake.

Authorize the amount you wish to stake by clicking the [Approve]

5. After completing the authorization, you can enter the amount to stake. The staked amount will enter a pre-staking pool and you will start earning rewards in the next phase.

5

Unstake
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1. On the "My Staking" page, locate the "Privanetix Node" and go to the Details page.

2. Go to the "Privanetix Node Details" page and click [Unstake].

3. Enter the amount you wish to unstake and confirm.
Note: Unstaking will prioritize unstaking the pre-staked amount.

4. Unstaking pre-staked tokens will be directly withdrawn to your wallet.


5. Unstaking tokens that are currently staked will enter a Pending status. After the current phase ends, they will be transferred to your claimable balance.
Tips: Successfully unstaked tokens will no longer generate rewards and can be claimed directly to your wallet.

6

View my rewards
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1. On the My Rewards page, you can view and claim your rewards.

2. Your node and staking rewards details

3. Claim my rewards
Claiming rewards will transfer all accumulated rewards at once. This requires initiating a transaction and paying a gas fee. Partial withdrawals are not allowed, and all rewards must be withdrawn in a single transaction.

Done! That's it! Still need help?

Contact usHow to start the node FAQ