# Creating a Pool

Users who want to actively contribute to Creditcoin’s security, but do not have the means to run a validator node themselves, can instead opt to set up their own nomination pool.

Nomination pools act as a single nominator, and as such, do not require any dedicated hardware.

By setting up a nomination pool, pool operators can actively contribute to the network’s security by organising and managing members' nomination activities. In addition, pool operators can earn a % commission fee of the pool’s total staking rewards in return for their nomination activities.

As pool operators are responsible for managing members' funds, it is important that they are active in the nomination process and have a deep understanding of Creditcoin’s consensus mechanisms. For more information on how these work, please read the staking documentation [here](/staking.md). \
\
Please note that the current settings of minimum required amount to create a pool are

* Mainnet: 10000 CTC
* Testnet: 19500 tCTC

### How to create a pool <a href="#how-to-create-a-pool" id="how-to-create-a-pool"></a>

1. In the Staking Dashboard’s Pool tab, click on the Create button.

<figure><img src="/files/i9LXU9jX2uPo3etlEdhM" alt="" width="563"><figcaption></figcaption></figure>

2. Name your pool.

<figure><img src="/files/KjRzFeXdEjBJ7TX7twXJ" alt=""><figcaption></figcaption></figure>

3. Manually pick the validators you wish to nominate or use one of the provided nomination selection tools.

<figure><img src="/files/r4aB9AvZy6MeMXLKg6XE" alt=""><figcaption></figcaption></figure>

4. Assign the [pool roles ](/nominator-guides/nominating-with-staking-pools/managing-a-pool.md)to your chosen accounts. Click on Edit to set the Root, Nominator and Bouncer roles. We recommend setting multiple different accounts for maximum security. Click on Save before continuing.

<figure><img src="/files/fLr0iL4hxOBCVL1WzQtD" alt=""><figcaption></figcaption></figure>

5. Enter the amount of CTC you wish to bond yourself.

<figure><img src="/files/BHYY1352DaoRm8EJPjko" alt=""><figcaption></figcaption></figure>

6. Review your settings and preferences.

<figure><img src="/files/9I8M6ihviOL0O4FluKBI" alt=""><figcaption></figcaption></figure>

7. Click on Create Pool and sign the transaction.

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