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darrenjschumaker avatar darrenjschumaker commented on July 29, 2024 2

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KtorZ avatar KtorZ commented on July 29, 2024

Hey :)
When migrating your Byron wallet to your Shelley wallet, you're still trading UTxOs for UTxOs. They are simply "moved" from a wallet to another.
Now, once this is done, you still have to send some funds to your owner account in order to pay for the pool registration. This is detailed in How to Register Your Stake Pool on Chain - Step 3.

In particular, if you are comfortable with the command-line, you might look into option B and jump directly to:

$ cardano-wallet transaction create 2d4cc31a4b3116ab86bfe529d30d9c362acd0b44 \
  --payment $PLEDGE_AMOUNT@$(cat owner.addr)

Where $PLEDGE_AMOUNT is simply the initial amount you want to send to the account. This needs to be (obviously) smaller than your wallet balance and sufficient to pay for the registration fee. The remaining will be automatically delegated to your pool.

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darrenjschumaker avatar darrenjschumaker commented on July 29, 2024

from incentivized-testnet-stakepool-registry.

darrenjschumaker avatar darrenjschumaker commented on July 29, 2024

from incentivized-testnet-stakepool-registry.

darrenjschumaker avatar darrenjschumaker commented on July 29, 2024

from incentivized-testnet-stakepool-registry.

KtorZ avatar KtorZ commented on July 29, 2024

Hey, it can be a little confusing indeed. Jörmungandr actually support chimeric ledger. Said differently, you may use both UTxO and mutable accounts, and the usage depends on what you do. Rewards are collected in an account and, an account is also necessary to register a stake pool.

However, cardano-wallet (and by extension Daedalus) helps you manage your UTxOs in your wallet. Hence, your account balance might be empty, but your UTxO balance is far from empty :)

       ... 
      "available": {
            "quantity": 468574136270,
            "unit": "lovelace"
        }
       ... 

Therefore, you need a to make a transaction to transfer some of your UTxO into your owner account. Unfortunately, you can't yet use your UTxO to pay for your pool registration directly; this should become available in the MainNet.

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AWCrypt avatar AWCrypt commented on July 29, 2024

Hi, I'm in the same situation.
Are you saying to simply transfer from newly created Shelley address into the address we registered our stakepools with a few days ago in Github?
But then at the same time you are saying that even if we do successfully transfer these funds then we will be unable to create a stakepool with those funds until in a few months time when the Mainnet is launched?

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KtorZ avatar KtorZ commented on July 29, 2024

Hi @AWCrypt, this is not what I am saying no.

In order to pay for a registration certificate you need to send funds to the owner account associated with the certificate. You can do so by using cardano-wallet to transfer funds from your wallet to your owner account.
The steps to do so are detailed in the Step 3 of the step-by-step guide I linked earlier.

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