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info_tfgrid/collections/farmers/3node_building/1_create_farm.md
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1. Create a Farm

Table of Contents

Introduction

We cover the basic steps to create a farm with the ThreeFold Dashboard. We also create a TFConnect app wallet to receive the farming rewards.

Create a TFChain Account

We create a TFChain account using the ThreeFold Dashboard.

Go to the ThreeFold Dashboard, click on Create Account, choose a password and click Connect.

tfchain_create_account

Once your profile gets activated, you should find your Twin ID and Address generated under your Mnemonics for verification. Also, your Account Balance will be available at the top right corner under your profile name.

tf_mnemonics

Create a Farm

We create a farm using the dashboard.

In the left-side menu, select Farms -> Your Farms.

your_farms

Click on Create Farm, choose a farm name and then click Create.

create_farm

farm_name

Create a ThreeFold Connect Wallet

Your farming rewards should be sent to a Stellar wallet with a TFT trustline enabled. The simplest way to proceed is to create a TF Connect app wallet as the TFT trustline is enabled by default on this wallet. For more information on TF Connect, read this section.

Let's create a TFConnect Wallet and take note of the wallet address. First, download the app.

This app is available for Android and iOS.

  • Note that for Android phones, you need at minimum Android Nougat, the 8.0 software version.
  • Note that for iOS phones, you need at minimum iOS 14.5. It will be soon available to iOS 13.

Open the app, click SIGN UP, choose a ThreeFold Connect Id, write your email address, take note of the seed phrase and choose a pin. Once this is done, you will have to verify your email address. Check your email inbox.

In the app menu, click on Wallet and then click on Create Initial Wallet.

To find your wallet address, click on the circled i icon at the bottom of the screen.

dashboard_tfconnect_wallet_1

Click on the button next to your Stellar address to copy the address.

dashboard_tfconnect_wallet_2

You will need the TF Connect wallet address for the next section.

Note: Make sure to keep your TF Connect Id and seed phrase in a secure place offline. You will need these two components to recover your account if you lose access.

Add a Stellar Address for Payout

In the Your Farms section of the dashboard, click on Add/Edit Stellar Payout Address.

dashboard_walletaddress_1

Paste your Stellar wallet address and click Submit.

dashboard_walletaddress_2

Farming Rewards Distribution

Farming rewards will be sent to your farming wallet around the 8th of each month. This can vary depending on the situation. The minting is done automatically by code and verified by humans as a double check.

More Information

For more information, such as setting IP addresses, you can consult the Dashboard Farms section.