How to Use the ICON Validator Monitor

Paul Rouge
Hello ICON World
Published in
3 min readMar 3, 2024

Monitor your ICX votes and receive alerts when you stop earning rewards

This tool is meant for individual ICX holders that stake and delegate their ICX tokens to network validators, to earn network rewards. Funded by ICON’s Contribution Proposal system, the ICON Validator Monitor is a tool that allows user to sign up to a Telegram Service and register wallet-addresses. For each of the registered wallet-addresses users will have the option to receive a weekly status overview of their votes.

How to use

First start a conversation with the ICON Validator Monitor — Telegrambot

Press the menu-icon left of the input bar to get an overview of all the options:

Don’t miss out op options; on smaller screens this list is scrollable!

Add wallets you want to track by choosing /register from the option list and paste in the ICX wallet you want to register.

Choose /mywallets from the menu to get an overview of all you delegations of your registered wallets.

In this example the registered wallet only has delegated via OMM to one validator

The estimated daily rewards are based on the numbers coming from the community tracker api.

Alerts

When you delegated ICX/votes to a validator, you will receive network rewards. But if the validator underperforms, it can be “jailed”. When a validator is jailed it won’t earn network rewards and neither will you, for the ICX that you delegated to it.

ICON Validator Monitor will send you an alert as soon as a validator you delegated (or bonded) ICX to, ends up in jail, so you can quickly take action.

Reports

Every saturday morning you will receive an overview of all your registered wallets and their delegations. Be sure to check any changes in the commission rates your validators use.

Email

Both the alerts and the reports can be also received via email. To opt in for this you need to set an email address with the /setemail option from the menu.

The source code of this project can be found here. Please consider starring this Github repo and contributing to it.

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