Run the Data Reporter

Once you’re successfully running a validator, running Tellor's custom reporter module is easy!

This section assumes that you have a node and validator running already.

Anyone using layer may choose to "select" reporting power to a reporter similarly to how they may "delegate" to a validator. The reporter gets commission. The create-reporter command requires that you specify your commission rate and the minimum amount of tokens that others may use when selecting you.

• A commisionrate of 200000 means that you get 2% of rewards from your selectors.

• A min-tokens-required value of 1000000 prevents spam by requiring that selectors have at least 1 TRB in their wallet. Now, run the command:

# layerd tx reporter create-reporter [commission-rate] [min-tokens-required] [flags]
./layerd tx reporter create-reporter "200000" "1000000" --from $ACCOUNT_NAME --chain-id layertest-2 --fees 10loya --yes

Check if your reporter was created successfully:

./layerd query reporter reporters | grep $TELLOR_ADDRESS

If you see your address in the list, your reporter was created successfully.

Restart your node again, adding flags for turning on the integrated price daemon:

./layerd start --api.enable --api.swagger --price-daemon-enabled=true --panic-on-daemon-failure-enabled=false --key-name $ACCOUNT_NAME --home ~/.layer

To see your report transactions, query the oracle module with the command:

./layerd query oracle get-reportsby-reporter $TELLOR_ADDRESS

If you see a list of reports, congratulations! You're now a tellor reporter.