Staking personal assets for the "privilege" of performing manual compliance tasks is a masterclass in modern digital serfdom. It effectively rebrands operational overhead as a community-driven investment opportunity while shifting the risk onto the users.
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Deep Dive
π¨ How To Become a RUBI KYC Validator | RUBI Staking Full GuideAdded:
If you're still mining the Ruby network token, you can now apply to become a validator on the Ruby network platform.
And who are validators and what do they do? So, validators are people that helps the project to verify KYC participants.
For instance, if you are from Nigeria and you become a validator, that simply means you are going to be helping them to be verifying people that will be applying for the KYC. Why? The reason is very simple. You know all the legal ID cards that Nigerians use and how it looks like. And that is why they will have to accept you to become a validator to help them verify people from your country. The same is also applicable to others in other countries, right? So, how do you become a validator? Just come to this your profile tab here. So, this is your profile tab right here at the down left-hand corner side of your home page, right? So, go ahead and click on this your profile tab.
So, once you click on it, then come to where you have this global KYC role, right? And then click on it. And once it's open, so if you are eligible to apply for the validators role, is going This place will be active, right?
So, this place will be active. Now, you can see available roles. Roles will be unlocked automatically once you meet the required condition, right? So, you can see this has been unlocked for me, meaning I met the criteria. So, you can also click on it to get more information about it. If you watch closely, you can see that this one is not unlocked.
Perhaps I have not met the criteria. But here, I can register to be a KYC validator, right? So, all I just need to do is to go ahead. You can come down here and get more information. You can see FAQ, right? You can just go ahead and read them to get more information about this role. So, once that is done, click on the KYC. Now, you can see KYC 1.6 validator registration. Register to become a KYC validator for your country.
So, you can see, "Please read through the requirement document to continue.
Consent will enable automatically after finish reading." So, all you just need is to first come here and read this particular one. And once you're done, you come again and read this one. So, once that is done, you can see this place will become active. So, let me go ahead and click on the first one to read it.
So, it's going to open.
Just take your time, read all the thing you need to know, your responsibility, and what you're going to be earning.
You're going to be paying you in Ruby token for being a validator, right? So, it's not actually free.
So, once you're done reading it, just come here and tick [music] this box here.
So, once you tick the box, then this place will become active, and you can go ahead and click on agree, right?
So, once that is done, you can see this one is now active, right? So, let's also do the same thing here by reading this one. So, I'll click on read, and also take your time to read everything here. You can see this is the requirement for you to become a validator.
You can see it here. So, take your time and read it. And also, here is your responsibility. That is what you're actually going to be doing written here. So, take your time, go through this document, and then come down and also click on this box to check it, right? And then click on agree. Now, you can see that both of them are now active.
So, I'll go ahead and click on continue on validator registration, right? So, once I click on it, now you can see here. This thing is actually written in Vietnamese. So, I have to translate the write-up here, and the translation is what you are seeing on the screen. This is simply telling you that you will need to stake a total of 100 RBL for you to be a validator, right? So, once you agree to this, just come down here and click on agree.
Now, look at my balance here. I have a balance of 205 RBL, right? So, they are going to take 100 RBL. That is what you can see here. You can see, "Tap stake now to complete your registration. You need to stake 100 RBL as a guarantee for responsibility for KYC validator role."
So, I'm going to go ahead and click on stake now. So, once I click on stake now, now you can see you will send 100 RBL, and this is the wallet address where it's going to be sent to. The message, "Stake for KYC validators of Money Niger, right?" So, I'll go ahead and click on transfer, and then I'll put my PIN to complete the transaction, right? So, once that is done, I'll click on done. Now, you can see transfer successful. Now, this is my ID, right? So, this is my validator's ID right here.
So, my country is Nigeria, and state is pending, right? So, once it is being approved, then I'm going to become a validator. So, that is how you can go ahead and also apply to be a validator, right? Now, look at the status here. You can see your KYC validator's role is waiting approval. Results are usually available within 3 business days. So, I'm going to wait and once it gets approved, I will also make more videos to show you how you can go about validating other persons who are applying for their KYC.
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