Creating a Solana staking account using Web3.js v2 and staking.sol

Solana is a fast, secure and decentralized blockchain network that allows you to create token-based applications. One of its key functions is stake management, allowing users to participate in the network’s validation process by locking their tokens in a “stake”. In this article, we’ll walk you through the process of creating a Solana staking account using Web3.js v2 and the staking.sol contract.

Prerequisites

Before you start, make sure you have:

• Solana node installed (eg Solana CLI)

• An installed Solana wallet (eg Solana Explorer or Solana CLI)

• Package @solana/web3.js installed in your project (version 2.12.0 or later)

Install Dependencies

To create a staking account, you need to install the following dependencies:

npm install @solana/web3.js staking.sol

Create a staking account

The staking.sol contract is responsible for managing staking accounts. Here is an example of how to create a new staking account:

const { Web3 } = require('@solana/web3.js');
const { Staking } = require('staking.sol');
const web3 = new Web3();
// Create a new Solana node and set the cluster URL (eg "
const clusterUrl = '
// Create a new account for staking
async function createStakeAccount() {
const stakingProgramId = 'your-staking-program-id'; // Replace with your staking program ID
const keyPair = await web3.getKeypair();
const accounts = [web3.keypair];
try {
const { lampports } = await stakingProgram.createStakeAccount({
accounts
lamportLimit: 1000000,
stakeAmount: 10000, // Example of staking amount in LAM
});
console.log('Bet account successfully created!');
} catch (error) {
console.error(error);
}
}
createStakeAccount();

In this example, we create a new stake account by calling the createStakeAccount function. We pass a parameters object with the following properties:

• lamportLimit: sets the maximum number of lamports that can be spent to deposit or withdraw tokens

• stakeAmount: sets the initial amount of LAM to lock in the stake account

Setting up staking.sol

The staking.sol contract is responsible for managing the stake account. To configure staking, you need to create a new instance of Staking and set its parameters:

const { Staking } = require('staking.sol');
// Create a new bet account configuration object
async function createStakeConfig() {
const stakingProgramId = 'your-staking-program-id'; // Replace with the ID of your betting program
const keyPair = await web3.getKeypair();
const accounts = [web3.keypair];
try {
const { lampports, stakeAmount } = await stakingProgram.createStakeConfig({
stakingProgramId,
accounts
});
console.log('Bet configuration created successfully!');
} catch (error) {
console.error(error);
}
}
createStakeConfig();

In this example, we create a new Staking instance and call the createStakeConfig function to set its parameters. We pass an object with the following properties:

• stakingProgramId: sets the ID of your staking program

• accounts: sets the accounts that will be used to manage bids

Check your bid account

To check your bid account, you can use the Solana CLI:

solana stake  --port 

Replace with your actual staking program ID and with the port number of your Solana host.

Conclusion

In this article, we covered the process of creating a Solana staking account using Web3.js v2 and the staking.sol contract.