Adjust Your Own Stake

A collator can increase or decrease their stake, always within the limits of the minimum and maximum allowed stake amounts. The corresponding extrinsics for these operations are parachainStaking -> candidateStakeMore(more) and parachainStaking -> candidateStakeLess(less).

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You can either execute this transaction in Polkadot JS Apps or the KILT Stakeboard, which serves as an in-house developed Frontend for all KILT staking activity. Below, we outline the steps for Polkadot JS Apps. The process for KILT Stakeboard is described in detail in the BOTLabs Trusted Entity support hub.

In the Polkadot JS Apps (wss://spiritnet.kilt.io, or wss://peregrine.kilt.io) go to Developer -> Extrinsics -> Submission.

Stake more

1. Select your collator KILT address as the extrinsic submitter (the using the selected account field)
2. Select the extrinsic: parachainStaking -> collatorStakeMore
3. Choose the stake amount that you want to add or remove from your current stake (the more field). You can add up to the maximum of 200,000 KILT and your maximum available balance.
4. Sign and submit the extrinsic (the Submit Transaction button)

Stake less

1. Select the collators's KILT address as the extrinsic submitter (the using the selected account field)
2. Select the extrinsic: parachainStaking -> collatorStakeLess
3. Choose the desired stake amount which you want to remove from your current stake (the less field). You can reduce down to minimum collator amount (10,000 KILT), e.g., any value up to the difference of your current stake and the minimum will be accepted.
4. Sign and submit the extrinsic (the Submit Transaction button)