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Operator registration guide

Before setting up a Operator, explore the overview.

Operator types​

Operators can register online without permission, and provide infrastructure for the benefit of Networks. Once registered, Operators can join / create a DAM and get assigned to Networks through installation, i.e. adding a live Network to a DAM.

There are several Operator types, depending on the goals:

  • Independent operator (permissionless access): Discover new opportunities in the marketplace. You need to create own DAM. This DAM will represent your service on the platform and allow you to manage assets and rewards.
  • Affiliated operator (permissioned access): Join as a node operator of a specific distributed network. You need to get invited by a third party DAM and accept the role.

Below you will find a step-by-step guide on how to register as an independent Operator.

1. Launch your DAM​

Launch your DAM

2. Define DAM basics​

  • Asset manager name: Set the name of your asset manager.
  • Website URL: Add a link to your project’s website.
  • DAM receipt token symbol: Set the symbol for your DAM receipt tokens (e.g., deTKN).
  • Logo URL: Provide a logo URL for your Operator’s branding.
  • Description: Provide a brief description of your Operator’s hardware capabilities and the services you offer.

Define DAM basics

3. Specify DAM type​

  • Type of DAM: Your use case category, per required asset flow scenario. It will need to match a Network type for its installation to be possible.
  • Asset manager fee: Define the percentage fee for asset management, with the option to set it at 0 if applicable. It will be charged when delegated funds are deposited into the DAM.
  • Depositing asset: Choose the ERC-20 token that Delegators will deposit.

Specify DAM type

4. Configure DAM settings​

  • Issue transferable DAM receipt tokens: Enable this option if you want to issue liquid receipt tokens to Delegators, representing their share of the DAM.
  • Immutable deployment: Enable if you want certain aspects of the DAM (such as parameters) to be unchangeable after deployment.
  • Catalyst address: (Optional) Provide a Catalyst address that can boost delegation deposits.
  • Gatekeeper address: (Optional) Add a gatekeeper address if you want to restrict deposits to a whitelist of approved addresses.
  • ‘Do you want to work as Operator?’: Declare yourself an Operator, if you want to act as an independent operator.
  • ‘Do you want to whitelist operators?’: Optionally you can set to only accept whitelisted operators. Suitable to onboard affiliated operators.

Configure DAM settings

5. Confirm and deploy​

  • Review all the information you’ve entered, including the DAM Symbol, fees, and any additional settings.
  • Confirm that everything is correct, and click Confirm & Deploy to register and deploy your DAM.

Confirm and deploy

What happens after registration?​

  • Contract deployment: Once a new DAM is registered, its contract is created and deployed on-chain using a factory template.
  • Network selection: DAMs can select Networks based on the services required and rewards.
  • Network installation: DAMs can add Networks, so they can access delegated liquidity and compute resources.
  • Network confirmation: Installation needs to be confirmed on the Network side.
  • Operate infrastructure: Provide services for the Networks you support by running nodes, validating consensus, lending hardware, or other activities.
  • Delegated participation: Delegators can start contributing assets based on the established terms.
  • Rewards distribution: Rewards will be distributed according to the configured parameters.

Ready to join?​

Visit Nektar app at https://app.nektar.network and click Manage tab to as an Operator, configure your DAM, and start supporting Networks today!