How to Change Nominations
Discover how to change your nominations while staking on Phron's secure blockchain, which incorporates privacy-enhancing technology.
Nominating a specific validator with your staked PHRON signifies your trust in their ability to act honestly and effectively produce blocks. As a nominator, it is your responsibility and in your best interest to ensure that your chosen validator is reliable and trustworthy. Always remember to do your own research.
If you decide to change your selected validator at any point, you can find step-by-step instructions below for both direct nominators and members of a nomination pool.
Direct nomination
Access the Staking Tab: Go to the Staking tab of the testnet, then navigate to the Accounts tab. Ensure that Stashed mode is enabled in the top left corner. You will see a list of all your accounts participating in direct nominations.
Select the Account: For the account from which you want to change the nomination, click on the three dots at the end of the line and select Set Nominees.
View Current Nominations: In the pop-up menu, you will see your currently selected validator in the Nominated Accounts column.
Change Validator: Click on the validator’s name to remove it from the nominated accounts.
Choose a New Validator: Find your new validator in the Candidate Accounts list and click on it. The name should now appear in the Nominated Accounts column.
Finalize the Nomination: Click the Nominate button and sign the transaction to complete the process.
In the Accounts tab, your newly modified nomination will change the status from Active Nominations to Waiting Nominations. Your choice will become active at the beginning of the next era.
Please note that you will continue to nominate your previous validator until the end of the current era. This ensures that switching to a new validator does not create any gaps in your nomination period, allowing you to receive rewards without interruption during the transition.
Nomination pools
Unlike the direct nomination mode, you cannot quickly switch to a different nomination pool and have the change take effect at the beginning of the next era. Instead, you must first leave your current pool, which requires waiting through a 14-day unbonding period, before joining the new pool.
For step-by-step instructions on how to do this, please refer to the sections related to nomination pools in How to Stop Staking and How to Start Staking With the Developer Wallet.