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rpl000201 | https://docs.rocketpool.net/guides/node/config-native.html | Configuring via the Command Line | If you use the Smartnode in a headless environment where you can't interact with the Terminal UI, you can configure your node via the command line instead.
The rocketpool service config command accepts, as arguments, every setting that can normally be configured via the Terminal UI. Run the following command to see a l... | 19:09:17hrs 10-06-2023 | ||
rpl000202 | https://docs.rocketpool.net/guides/node/advanced-config.html | Advanced Smartnode Configuration for Docker Mode | In this section, we will cover a few techniques that expand the Smartnode's customization and functionality. | 19:09:18hrs 10-06-2023 | ||
rpl000203 | https://docs.rocketpool.net/guides/node/advanced-config.html | Allowing External Validator Clients to Connect to the Smartnode | Because the Smartnode manages the Execution client and Beacon Node, it handles much of their configuration (including updates) automatically. One common request from users is for the ability to attach an externally-managed Validator client to the Smartnode's Execution and Consensus clients.
Essentially, this acts as a ... | 19:09:18hrs 10-06-2023 | ||
rpl000204 | https://docs.rocketpool.net/guides/node/advanced-config.html | Execution Client | To enable access to the Execution client, go to the Execution Client (ETH1) category and check the Expose RPC Ports box:
This will open the RPC ports (default 8545 for HTTP and 8546 for Websockets) on your node, so other machines on your local network can connect to them.
For example, if your node's local IP address w... | 19:09:18hrs 10-06-2023 | ||
rpl000205 | https://docs.rocketpool.net/guides/node/advanced-config.html | Beacon Node (Consensus Client) | To enable access to the Consensus client's Beacon Node, go to the Consensus Client (ETH2) category and check the Expose API Port box:
This will open the HTTP API port (default 5052) on your node, so other machines on your local network can connect to it.
For example, if your node's local IP address were 192.168.1.45, ... | 19:09:18hrs 10-06-2023 | ||
rpl000206 | https://docs.rocketpool.net/guides/node/advanced-config.html | MEV-Boost | To enable access to MEV-Boost, go to the MEV-Boost category and check the Expose API Port box:
This will open the HTTP API port (default 18550) on your node, so other machines on your local network can connect to it.
For example, if your node's local IP address were 192.168.1.45, then by enabling this option you could... | 19:09:18hrs 10-06-2023 | ||
rpl000207 | https://docs.rocketpool.net/guides/node/advanced-config.html | Customizing the Docker-Compose Definition Files | While the Settings Manager contains many options you can use to customize your node, it doesn't wrap all of the features that docker-compose provides. Some users require supplemental customizations to the Smartnode's docker-compose files.
Because the docker-compose files are regenerated (into the runtime directory) fro... | 19:09:18hrs 10-06-2023 | ||
rpl000208 | https://docs.rocketpool.net/guides/node/provisioning/overview.html | Overview | This section covers the details of how to provision your node for staking with Rocket Pool once you've installed and configured the Smartnode. It's a long one because there's a lot of information around staking to cover, so please read through each guide before creating your first minipool! | 19:09:18hrs 10-06-2023 | ||
rpl000209 | https://docs.rocketpool.net/guides/node/provisioning/overview.html | Prerequisites | Before provisioning your node for staking, please make sure you've done the following:
Set up a node machine (or virtual machine) and secured it (via the Securing your Node guide)Have the Smartnode installed and configured on it | 19:09:18hrs 10-06-2023 | ||
rpl000210 | https://docs.rocketpool.net/guides/node/provisioning/overview.html | Guides | Starting Rocket Pool will show you how to start the Smartnode services for each mode and how to check on the sync progress of your Execution and Consensus clients.
Creating a New Wallet walks through the process of creating a brand new wallet with the Smartnode if this is your first time setting up a node.
Importing / ... | 19:09:18hrs 10-06-2023 | ||
rpl000211 | https://docs.rocketpool.net/guides/node/starting-rp.html | Starting Rocket Pool | At this point, you should have the complete Rocket Pool infrastructure running, including the Smartnode stack, an Execution (ETH1) and an Consensus (ETH2) client. You should also have hardened your operating system from outside attackers. If you've completed both of these steps, you're ready to create a Rocket Pool nod... | 19:09:18hrs 10-06-2023 | ||
rpl000212 | https://docs.rocketpool.net/guides/node/starting-rp.html | Starting and Stopping the Rocket Pool Services | Docker (Default) ModeHybrid ModeNative ModeNow that you have the Smartnode installed, starting the stack is easy. Simply enter the following command:rocketpool service startThis command will create all of the necessary Docker images if they don't already exist, make sure the Rocket Pool docker network and storage volum... | 19:09:18hrs 10-06-2023 | ||
rpl000213 | https://docs.rocketpool.net/guides/node/starting-rp.html | Confirming the Correct Version and Network | Once the containers or services are up, a good first step is to confirm that you have the correct versions of the clients and are on the network that you expect. You can do this with the following command:
rocketpool service version
The output will look like this (note that you may have a newer version than what is dis... | 19:09:18hrs 10-06-2023 | ||
rpl000214 | https://docs.rocketpool.net/guides/node/starting-rp.html | Checking the Service Status and Logs | Now that the Smartnode services have been started, it's a good idea to check that they're running correctly without errors.
Docker (Default) ModeHybrid ModeNative ModeThe first thing to check is whether the Docker containers are running well, or if they are constantly restarting due to an error. Run the following comma... | 19:09:18hrs 10-06-2023 | ||
rpl000215 | https://docs.rocketpool.net/guides/node/starting-rp.html | Waiting for Your ETH Clients to Sync | Now that your clients have started up, you're going to want to wait until your Execution (ETH1) and Consensus (ETH2) clients have finished syncing with the network before proceeding.
One easy way to check on their status is with the following command:
rocketpool node sync
This command will show how far along your Execu... | 19:09:18hrs 10-06-2023 | ||
rpl000216 | https://docs.rocketpool.net/guides/node/starting-rp.html | Next Steps | Once your clients have synced, you're ready to either create a new wallet if this is your first node, or recover an existing wallet if you're restoring from a backup or migrating from another provider such as Allnodes to your own hardware.
Select which one you'd like to learn more about and follow the steps in the corr... | 19:09:18hrs 10-06-2023 | ||
rpl000217 | https://docs.rocketpool.net/guides/node/wallet-init.html | Creating a New Wallet | If the Smartnode services are up and running, the next step is to set up an ETH1 wallet for your node. This is simply an ETH1 address that will hold your node's funds - it will use this to send ETH to your minipool when you begin staking, pay for gas during various transactions, and other various operations.
You have t... | 19:09:18hrs 10-06-2023 | ||
rpl000218 | https://docs.rocketpool.net/guides/node/recovering-rp.html | Importing / Recovering an Existing Wallet | If you already have a wallet you'd like to use for your node, or if you're recovering a wallet you already created with the Smartnode earlier, this guide will help you through the import / recovery process.
Please select the appropriate option from the sections below. | 19:09:18hrs 10-06-2023 | ||
rpl000219 | https://docs.rocketpool.net/guides/node/recovering-rp.html | Recovering a Smartnode Wallet | If you generated your node wallet using the Smartnode and are simply recovering it on a new machine, the process is quite simple. Make sure you've already installed the Smartnode software, and then simply run the following command once it's installed:
rocketpool wallet recover
NOTEIf, for some reason, you want to recov... | 19:09:18hrs 10-06-2023 | ||
rpl000220 | https://docs.rocketpool.net/guides/node/recovering-rp.html | Importing an Existing Address as a Node Wallet | If you have an address you'd like to use for a node, but didn't create it with the Smartnode (e.g., you created it with MetaMask or a hardware wallet), then this is the section to follow.
WARNINGBy doing this, your address will become a hot wallet. The private key will be stored on your node machine.If you're importing... | 19:09:18hrs 10-06-2023 | ||
rpl000221 | https://docs.rocketpool.net/guides/node/recovering-rp.html | Step 1: Add Externally-Generated Validator Keys | If you don't have any existing minipools attached to the address you're importing, you can skip this step.
If your address has already been registered as a Rocket Pool node wallet (such as via a service like Allnodes) and already has active minipools, and you'd like to import them into the Smartnode stack along with yo... | 19:09:18hrs 10-06-2023 | ||
rpl000222 | https://docs.rocketpool.net/guides/node/recovering-rp.html | Step 2 (Optional): Test Importing the Address | If you would like to test the recovery process to ensure you have the correct mnemonic and passwords without actually regenerating your node wallet's private key or importing your validator keys, you can do so with the following command:
rocketpool wallet test-recovery -a 0x1234abcd...
Where 0x1234abcd... is the addres... | 19:09:18hrs 10-06-2023 | ||
rpl000223 | https://docs.rocketpool.net/guides/node/recovering-rp.html | Step 3: Import the Address | WARNINGIf your address is a Rocket Pool node that is not managed by your own self-hosted Smartnode (e.g. hosted by an external service like Allnodes), IT IS CRITICAL that you coordinate with the service running your node before you begin this import process and inform them that you would like to migrate to your own sel... | 19:09:18hrs 10-06-2023 | ||
rpl000224 | https://docs.rocketpool.net/guides/node/recovering-rp.html | Step 4: Cleanup | At this point, you can now delete all of the private keystore files in the data/custom-keys directory. The Smartnode will have imported them already and assigned randomized passwords to them, so those keystore files are no longer necessary.
Finally, ensure that there is not a file named custom-key-passwords in your dat... | 19:09:18hrs 10-06-2023 | ||
rpl000225 | https://docs.rocketpool.net/guides/node/recovering-rp.html | Next Steps | Once you've imported or recovered your node wallet, follow the next steps in the Intro to the Command Line Interface guide. | 19:09:18hrs 10-06-2023 | ||
rpl000226 | https://docs.rocketpool.net/guides/node/prepare-node.html | Preparing your Node for Operation | If you're here, then you've successfully started the Smartnode services, created a wallet, and finished syncing both the Execution (ETH1) and Consensus (ETH2) chains on your respective clients. If so, then you are ready to register your node on the Rocket Pool network and create a minipool with an ETH2 validator! If no... | 19:09:18hrs 10-06-2023 | ||
rpl000227 | https://docs.rocketpool.net/guides/node/prepare-node.html | Loading your Node Wallet | Registering your node and standing up a validator both involve submitting transactions to the Ethereum network from your node wallet. This means you'll need to have some ETH on it to pay for the gas costs of those transactions. You'll also need to stake some of the RPL token prior to creating a minipool as collateral; ... | 19:09:18hrs 10-06-2023 | ||
rpl000228 | https://docs.rocketpool.net/guides/node/prepare-node.html | Registering your Node with the Network | Once you have ETH in your wallet, you can register your node with the Rocket Pool network to access all of its features. To do this, run the following command:
rocketpool node register
This will prompt you for the timezone you want to register with. By default, this will detect the timezone from your system clock, but ... | 19:09:18hrs 10-06-2023 | ||
rpl000229 | https://docs.rocketpool.net/guides/node/prepare-node.html | Setting your Withdrawal Address | Before anything else, we highly recommended you change the withdrawal address for your node. This is the address that all of your RPL checkpoint rewards, your staked RPL, and your Beacon Chain ETH will be sent to when you claim your checkpoint rewards or exit your validator and withdraw from your minipool. To reiterate... | 19:09:18hrs 10-06-2023 | ||
rpl000230 | https://docs.rocketpool.net/guides/node/prepare-node.html | Setting your Voting Delegate Address | Rocket Pool's governance process uses Snapshot as the platform for hosting governance proposals. Voting on them is done in-browser, via a wallet like MetaMask or a bridge like WalletConnect. Node operators can vote on these proposals using the RPL they have staked (their effective stake).
Since your node's wallet shoul... | 19:09:18hrs 10-06-2023 | ||
rpl000231 | https://docs.rocketpool.net/guides/node/prepare-node.html | Map an ENS Name to your Node Wallet | If you want your node wallet address to be mapped to a human-readable name like alice.eth, follow these steps:
Select "My account"Click on the ENS name you want to editClick on "Add/edit record"Insert your desired ETH address, click "Confirm" and submit the transaction.
Execute the command:
rocketpool wallet set-ens-na... | 19:09:18hrs 10-06-2023 | ||
rpl000232 | https://docs.rocketpool.net/guides/node/prepare-node.html | Next Steps | The next steps to prepare your node will teach you about setting up a fallback node, how priority fees work, your Fee Distributor and the Smoothing Pool, and MEV. Each topic will require you to make a choice about how you want to run your node. Please move on to the next sections in the guide when you're ready.
Once yo... | 19:09:18hrs 10-06-2023 | ||
rpl000233 | https://docs.rocketpool.net/guides/node/cli-intro.html | Intro to the Command Line Interface | As a node operator, the CLI is your primary tool for interacting with Rocket Pool. You will use it to create new minipools, check on the status of everything, claim periodic RPL rewards, exit and withdraw from your minipools when you're ready, and a host of other activities.
Once you've finished syncing the Execution (... | 19:09:19hrs 10-06-2023 | ||
rpl000234 | https://docs.rocketpool.net/guides/node/cli-intro.html | Learning About the Commands | To list all of the available commands, type:
rocketpool help
The output will look like this:
NAME:
rocketpool - Rocket Pool CLI
USAGE:
rocketpool [global options] command [command options] [arguments...]
VERSION:
1.7.0-dev
AUTHORS:
David Rugendyke <[email protected]>
Jake Pospischil <[email protected]... | 19:09:19hrs 10-06-2023 | ||
rpl000235 | https://docs.rocketpool.net/guides/node/cli-intro.html | Service Commands | The service group involves managing the various services the smart node manages for you.
Here is what the rocketpool service help output will show:
NAME:
rocketpool service - Manage Rocket Pool service
USAGE:
rocketpool service [global options] command [command options] [arguments...]
COMMANDS:
install, i ... | 19:09:19hrs 10-06-2023 | ||
rpl000236 | https://docs.rocketpool.net/guides/node/cli-intro.html | status | This command shows you the current running status of each of the Docker containers managed by Rocket Pool. For example, the default Docker install's output looks like this:
Name Command State Ports
---------------------------------... | 19:09:19hrs 10-06-2023 | ||
rpl000237 | https://docs.rocketpool.net/guides/node/cli-intro.html | start and stop | These two commands you are already familiar with. They simply start all of the Rocket Pool containers, or stop them.
TIPThe pause command does the same thing as stop. It's just left over as a legacy command from earlier versions of Rocket Pool. | 19:09:19hrs 10-06-2023 | ||
rpl000238 | https://docs.rocketpool.net/guides/node/cli-intro.html | logs | This command is another one you should have already seen. You can use it to look at the output logs of each Docker container. This can be useful for troubleshooting or getting a more detailed status report from them.
If you simply do rocketpool service logs without any other arguments, it will aggregate all of the logs... | 19:09:19hrs 10-06-2023 | ||
rpl000239 | https://docs.rocketpool.net/guides/node/cli-intro.html | stats | This command shows you some resource stats from each of the containers, which you can use to profile each one's hardware and network consumption.
You might find it useful for monitoring the containers if your system starts running slow or has RAM problems.
Here is some example output:
CONTAINER ID NAME ... | 19:09:19hrs 10-06-2023 | ||
rpl000240 | https://docs.rocketpool.net/guides/node/cli-intro.html | config | This command runs through the configuration interview again. You can use it if you want to change your selection of Execution (ETH1) or Consensus (ETH2) client, or change some of the parameters that you initially specified when you selected them (such as your validator's graffiti message, the max number of peers to con... | 19:09:19hrs 10-06-2023 | ||
rpl000241 | https://docs.rocketpool.net/guides/node/cli-intro.html | terminate | This command will shut down the Docker containers, then delete them, delete the Rocket Pool virtual network, and delete the ETH1 and ETH2 chain data volumes. It essentially removes all of the Rocket Pool items from your Docker setup. Use it when you want to clean up that portion of the Rocket Pool installation.
WARNING... | 19:09:19hrs 10-06-2023 | ||
rpl000242 | https://docs.rocketpool.net/guides/node/cli-intro.html | Node Commands | The node group involves operations on your Rocket Pool node. We'll cover these more in-depth in the next section where we create a minipool, but it may be helpful to see them all at a glance.
Here is what the rocketpool node help output will show:
NAME:
rocketpool node - Manage the node
USAGE:
rocketpool node [g... | 19:09:19hrs 10-06-2023 | ||
rpl000243 | https://docs.rocketpool.net/guides/node/cli-intro.html | status | This command will give you a high-level view of your entire node at a glance. It includes how much ETH and RPL you have staked, how many minipools you have and their statuses, your RPL collateral ratio, and more.
This is an example of what rocketpool node status shows once you have your node registered and some minipoo... | 19:09:19hrs 10-06-2023 | ||
rpl000244 | https://docs.rocketpool.net/guides/node/cli-intro.html | sync | This command will show you the current sync status of your Execution (ETH1) and Consensus (ETH2) clients. You'll probably use it a lot when you first set the node up, then never need it again (unless you change or reset your clients).
The output of rocketpool node sync will look like this:
Your Smartnode is currently u... | 19:09:19hrs 10-06-2023 | ||
rpl000245 | https://docs.rocketpool.net/guides/node/cli-intro.html | stake-rpl | This command is what you'll use when you want to add more RPL collateral to your node. Doing so will increase your collateral ratio, which will increase your RPL rewards at each checkpoint (more on this later). It may allow you to run more minipools or withdraw your rewards for the current checkpoint if your collateral... | 19:09:19hrs 10-06-2023 | ||
rpl000246 | https://docs.rocketpool.net/guides/node/cli-intro.html | deposit | This command will let you deposit ETH and create a new minipool (a new ETH2 validator).
You will be prompted with the expected gas cost for the transaction and one final confirmation dialog. If you accept, your ETH deposit will be processed and you will create a new minipool (and a corresponding ETH2 validator).
(For m... | 19:09:19hrs 10-06-2023 | ||
rpl000247 | https://docs.rocketpool.net/guides/node/cli-intro.html | claim-rewards | When your node detects a new rewards checkpoint, it will automatically download the rewards tree file with the information for that interval (if you're using the default of Download Mode - see below for information on generating your own trees instead of downloading them). You can then review your rewards using the fol... | 19:09:19hrs 10-06-2023 | ||
rpl000248 | https://docs.rocketpool.net/guides/node/cli-intro.html | join-smoothing-pool | rocketpool node join-smoothing-pool
This will record you as opted-in in the Rocket Pool contracts and automatically change your Validator Client's fee recipient from your node's distributor contract to the Smoothing Pool contract.
Note that once you opt in, there is a 28 day cooldown (one full rewards interval length) ... | 19:09:19hrs 10-06-2023 | ||
rpl000249 | https://docs.rocketpool.net/guides/node/cli-intro.html | leave-smoothing-pool | rocketpool node leave-smoothing-pool
This will opt you out of the Smoothing Pool if you're currently opted in, and have waited at least 28 days after opting in. Once the next epoch after the current epoch is finalized, it will automatically change your node's fee recipient from the Smoothing Pool back to your node's di... | 19:09:19hrs 10-06-2023 | ||
rpl000250 | https://docs.rocketpool.net/guides/node/cli-intro.html | initialize-fee-distributor | To initialize your node's distributor, simply run this new command:
rocketpool node initialize-fee-distributor
NOTEAfter the Redstone update, you must call this function before you can create any new minipools with rocketpool node deposit. | 19:09:19hrs 10-06-2023 | ||
rpl000251 | https://docs.rocketpool.net/guides/node/cli-intro.html | distribute-fees | When your distributor has been initialized, you can claim and distribute its entire balance using the following command:
rocketpool node distribute-fees
This will send your share of the rewards to your withdrawal address. | 19:09:19hrs 10-06-2023 | ||
rpl000252 | https://docs.rocketpool.net/guides/node/cli-intro.html | send | This command lets you send ETH, RPL, or other Rocket Pool-related tokens from the node wallet to a different address. This might be useful if you want to move your funds on the wallet elsewhere.
The syntax for using the send command is like this:
rocketpool node send <amount> <token> <address or ENS name>
The arguments... | 19:09:19hrs 10-06-2023 | ||
rpl000253 | https://docs.rocketpool.net/guides/node/cli-intro.html | Minipool Commands | The minipool group involves commands that affect your minipools. As with the node group, we'll cover these more in-depth in the next section but it may be helpful to see them all now.
Here is what the rocketpool minipool help output will show:
NAME:
rocketpool minipool - Manage the node's minipools
USAGE:
rocket... | 19:09:19hrs 10-06-2023 | ||
rpl000254 | https://docs.rocketpool.net/guides/node/cli-intro.html | status | This command simply provides a summary of each of your minipools. This includes its current status, the eth1 address of the minipool, the commission on it (called the node fee), the public key of the corresponding ETH2 validator, and some other things:
$ rocketpool minipool status
1 Staking minipool(s):
-------------... | 19:09:19hrs 10-06-2023 | ||
rpl000255 | https://docs.rocketpool.net/guides/node/cli-intro.html | refund | This command lets you pull 16 ETH back from a minipool if you deposited 32 ETH to create one, once Rocket Pool was able to contribute 16 ETH from the rETH staking pool. | 19:09:19hrs 10-06-2023 | ||
rpl000256 | https://docs.rocketpool.net/guides/node/cli-intro.html | exit | This command submits a voluntary exit for your validator on the Beacon Chain. Use this when you want to close a validator and withdraw its final ETH balance. Note that this cannot be undone - once you trigger an exit, the validator will shut down permanently. | 19:09:19hrs 10-06-2023 | ||
rpl000257 | https://docs.rocketpool.net/guides/node/cli-intro.html | Useful Flags | There are some useful global flags that you can add to some of the above commands, which you may want to take advantage of. | 19:09:19hrs 10-06-2023 | ||
rpl000258 | https://docs.rocketpool.net/guides/node/cli-intro.html | Setting a Custom Max Fee or Priority Fee (Gas Price) | Starting with the London ETH1 hardfork in July of 2021, Ethereum transactions no longer use a single gas price for their transactions. Instead, modern Ethereum transactions use two values:
The max fee, which describes the absolute maximum gas price you're willing to accept on a transactionThe max priority fee, which de... | 19:09:19hrs 10-06-2023 | ||
rpl000259 | https://docs.rocketpool.net/guides/node/cli-intro.html | Canceling / Overwriting a Stuck Transaction | Sometimes, you might run into a scenario where you sent a transaction to the network but you used a gas price that is far too low for the network conditions, and it will take a prohibitively long time to execute. Since all of your subsequent transactions will wait until that one goes through, that transaction essential... | 19:09:19hrs 10-06-2023 | ||
rpl000260 | https://docs.rocketpool.net/guides/node/fallback.html | Specifying a Fallback Node | Starting with 1.5.0 of the Smartnode stack, you can provide a "fallback" Execution client and Consensus client pair that can take over for your primary clients if they ever go offline (such as because you use Geth and need to prune it). In this situation, your primary node machine will still be responsible for attestin... | 19:09:19hrs 10-06-2023 | ||
rpl000261 | https://docs.rocketpool.net/guides/node/fallback.html | Supported Clients | As of v1.9.0, all our supported validator clients have added Fallback support with only a few limitations:
NameSupports FallbackValid Fallback ClientsLighthouseYesAny (doppelganger protection off)Lighthouse (doppelganger protection on)NimbusYesAnyPrysmYesPrysmTekuYesAnyLodestarYesAny | 19:09:19hrs 10-06-2023 | ||
rpl000262 | https://docs.rocketpool.net/guides/node/fallback.html | Setting up a New Node (Docker Mode) | You can use a 2nd machine that you own locally, a remote node hosted on a VPS, or a cloud-based node as a fallback node.
This example shows you how to create a 2nd Smartnode on a different machine using Docker mode, which can serve as a fallback node.
TIPIf you already have a 2nd node ready and have its RPC ports expos... | 19:09:19hrs 10-06-2023 | ||
rpl000263 | https://docs.rocketpool.net/guides/node/fallback.html | Connecting your Main Node to the Fallback Node | Once you have a fallback node prepared, you can connect it to your main node.
The final page should look like this:
NOTENative mode users can follow the same steps, though the TUI will look slightly different from the above screenshot.Note that this will only provide the Smartnode itself (the daemon service) with fall... | 19:09:19hrs 10-06-2023 | ||
rpl000264 | https://docs.rocketpool.net/guides/node/fallback.html | Testing the Fallback Clients | If you'd like to be absolutely sure that your configuration is going to work by testing the fallback clients, simply stop the Execution and Consensus clients on your main node:
shelldocker stop rocketpool_eth1 rocketpool_eth2
Then run any command that queries the chain, such as rocketpool network stats. You will see a ... | 19:09:19hrs 10-06-2023 | ||
rpl000265 | https://docs.rocketpool.net/guides/node/fallback.html | Next Steps | Whether or not you've opted into creating and/or running a fallback node for your setup, the next step is to learn about priority fees. Click on the next section of the guide when you're ready to proceed. | 19:09:19hrs 10-06-2023 | ||
rpl000266 | https://docs.rocketpool.net/guides/node/fee-distrib-sp.html | Fee Distributors and the Smoothing Pool | Now that the Merge has passed, node operators receive priority fees (tips) from the transactions they include in any blocks that they propose to the Ethereum chain. These fees come from and stay on the Execution layer.
Unlike most validation rewards which are locked on the Consensus layer (until withdrawals are enabled... | 19:09:19hrs 10-06-2023 | ||
rpl000267 | https://docs.rocketpool.net/guides/node/fee-distrib-sp.html | Fee Recipients | When you propose a block on the Ethereum chain, the protocol needs to know where to send the tips from each transaction included in your block. It can't send them to your validator's address, because that's on the Consensus layer - not the Execution layer. It can't send them to your minipool address, because it has to ... | 19:09:19hrs 10-06-2023 | ||
rpl000268 | https://docs.rocketpool.net/guides/node/fee-distrib-sp.html | Your Fee Distributor | Your Fee Distributor is a unique contract on the Execution Layer that's specific to your node. It will hold all of the priority fees you've earned over time, and it contains the logic required to fairly split and distribute them to the rETH pool stakers and your withdrawal address. This distribution process can be call... | 19:09:19hrs 10-06-2023 | ||
rpl000269 | https://docs.rocketpool.net/guides/node/fee-distrib-sp.html | Viewing its Address and Balance | You can view your fee distributor's address and balance as part of:
rocketpool node status
The output will look like this:
| 19:09:19hrs 10-06-2023 | ||
rpl000270 | https://docs.rocketpool.net/guides/node/fee-distrib-sp.html | Initializing the Fee Distributor | To initialize your node's distributor, simply run this new command:
rocketpool node initialize-fee-distributor
NOTEIf you created your node before the Redstone update, you must call this function once before you can create any new minipools with rocketpool node deposit.
When your distributor has been initialized, you c... | 19:09:19hrs 10-06-2023 | ||
rpl000271 | https://docs.rocketpool.net/guides/node/fee-distrib-sp.html | The Smoothing Pool | The Smoothing Pool is a unique opt-in feature of the Rocket Pool network that is available to our node operators. Essentially, it becomes the fee recipient for every node operator that opts into it and collectively accumulates the priority fees from blocks proposed by those node operators into one large pool. During a ... | 19:09:19hrs 10-06-2023 | ||
rpl000272 | https://docs.rocketpool.net/guides/node/fee-distrib-sp.html | The Rules | The Smoothing Pool uses the following rules:
During a Rocket Pool rewards checkpoint when the Smoothing Pool's balance is distributed, the contract's total ETH balance is split in two.rETH stakers receive half, minus the average commission of all opted-in node operators.The remainder goes to the node operators that opt... | 19:09:19hrs 10-06-2023 | ||
rpl000273 | https://docs.rocketpool.net/guides/node/fee-distrib-sp.html | Joining and Leaving the Smoothing Pool | To opt into the Smoothing Pool, run the following command:
rocketpool node join-smoothing-pool
This will record you as opted-in in the Rocket Pool contracts and automatically change your Validator Client's fee recipient from your node's distributor contract to the Smoothing Pool contract.
To leave the pool, run this co... | 19:09:19hrs 10-06-2023 | ||
rpl000274 | https://docs.rocketpool.net/guides/node/fee-distrib-sp.html | Claiming Rewards from the Smoothing Pool | Rewards from the Smoothing Pool are bundled together with RPL at the end of each rewards interval using the Redstone rewards system. Claiming them is as simple as running:
rocketpool node claim-rewards
If opted into the Smoothing Pool, you will notice that the amount of ETH you receive for each interval is more than ze... | 19:09:19hrs 10-06-2023 | ||
rpl000275 | https://docs.rocketpool.net/guides/node/fee-distrib-sp.html | Next Steps | Once you've decided on whether or not you want to join the Smoothing Pool, take a look at the next section on MEV and MEV rewards. | 19:09:19hrs 10-06-2023 | ||
rpl000276 | https://docs.rocketpool.net/guides/node/mev.html | MEV, MEV-Boost, and MEV Rewards | In the previous section, you learned about how node operators earn priority fees. Priority fees are a great boost to a node operator's income, but they aren't the only form of liquid reward available to you on the Execution layer. There is a supplemental form of rewards available, known as MEV rewards.
NOTEAs a quick r... | 19:09:19hrs 10-06-2023 | ||
rpl000277 | https://docs.rocketpool.net/guides/node/mev.html | What is MEV | When your validator creates a block, it usually does so with a very simple algorithm: keep track of a list of pending transactions, bundle as many as them into the block you're building as possible (prioritizing so the ones with the highest tips come first), and submit that block to the chain.
However, Ethereum network... | 19:09:19hrs 10-06-2023 | ||
rpl000278 | https://docs.rocketpool.net/guides/node/mev.html | Block Builders and Relays | Finding MEV opportunities is not an easy thing; state-of-the-art opportunity finders, known as searchers, require immensely powerful computers and employ complex AI algorithms to quickly identify and extract MEV. Searchers then take these opportunities and provide them to block builders - entities that aggregate these ... | 19:09:19hrs 10-06-2023 | ||
rpl000279 | https://docs.rocketpool.net/guides/node/mev.html | MEV-Boost | There are many relays out there, and having your node automatically register and maintain contact with each of them can be a burdensome task. Luckily, the engineers at Flashbots produced and maintain a program explicitly designed to handle this relay management known as MEV-Boost.
MEV-Boost is a simple program: you tel... | 19:09:19hrs 10-06-2023 | ||
rpl000280 | https://docs.rocketpool.net/guides/node/mev.html | Rocket Pool and MEV | Because Rocket Pool validators are partially funded by the rETH stakers, the protocol requires that MEV rewards (as well as priority fees) be shared with the rETH stakers (minus the node operator's commission, of course). Node operators are not permitted to pocket the entire MEV reward for themselves when proposing wit... | 19:09:19hrs 10-06-2023 | ||
rpl000281 | https://docs.rocketpool.net/guides/node/mev.html | Phase 1: Opt-In! | In phase 1, MEV-Boost is provided to all node operators as an opt-in configuration. Node operators are encouraged to use it because it improves rETH's returns and thus keeps the protocol competitive, but are not required to use it. Node operators can elect to use one or more of the trusted relays listed above but canno... | 19:09:19hrs 10-06-2023 | ||
rpl000282 | https://docs.rocketpool.net/guides/node/mev.html | Phase 2: Opt-Out | In phase 2, MEV-Boost is enabled by default for all node operators. Node operators can elect to use one or more of the trusted relays listed above but cannot use a custom (untrusted) relay. Node operators that choose to opt-out of MEV-boost must do so explicitly before starting the Smartnode.
This is the current phase. | 19:09:19hrs 10-06-2023 | ||
rpl000283 | https://docs.rocketpool.net/guides/node/mev.html | Phase 3: Required | In phase 3, MEV-Boost is no longer optional; it will be required for all node operators. Node operators must elect to use one or more of the trusted relays listed above but cannot use a custom (untrusted) relay.
There is currently no scheduled date for this phase. | 19:09:19hrs 10-06-2023 | ||
rpl000284 | https://docs.rocketpool.net/guides/node/mev.html | Configuring MEV-Boost in the Smartnode | To learn how to configure MEV-Boost, please select which mode you are using below.
Docker ModeHybrid ModeNative ModeConfiguring MEV-Boost is easy with the Smartnode's configuration TUI. Start by running rocketpool service config and navigate to the MEV-Boost option:Check the box labeled Enable MEV-Boost to enable it.On... | 19:09:19hrs 10-06-2023 | ||
rpl000285 | https://docs.rocketpool.net/guides/node/mev.html | Checking MEV-Boost's Logs | To check on MEV-Boost's logs, run the following command (for Docker Mode users and Hybrid users with a locally-managed container):
rocketpool service logs mev-boost
The output will show you which relays you've enabled, their connection status, and begin listening for traffic from your Beacon Node:
mev-boost_1 | ti... | 19:09:19hrs 10-06-2023 | ||
rpl000286 | https://docs.rocketpool.net/guides/node/mev.html | Next Steps | Now that MEV-Boost has been set up, you're ready to create a new minipool and start validating on the Ethereum network! Read the next section to walk through this process. | 19:09:19hrs 10-06-2023 | ||
rpl000287 | https://docs.rocketpool.net/guides/node/minipools/overview.html | Overview | This section covers the processes of creating and migrating minipools (Rocket Pool validators). This is where you'll learn how to start validating the Ethereum network and earn rewards for it. | 19:09:19hrs 10-06-2023 | ||
rpl000288 | https://docs.rocketpool.net/guides/node/minipools/overview.html | Prerequisites | Before running minipools, please make sure you:
Have set up a node machine (or virtual machine) and secured it (via the Securing your Node guide)Have the Smartnode installed and configured on itHave a node wallet loaded on your SmartnodeSynced your Execution and Consensus clientsProvisioned your node with a withdrawal ... | 19:09:19hrs 10-06-2023 | ||
rpl000289 | https://docs.rocketpool.net/guides/node/minipools/overview.html | Guides | Creating a New Minipool (Validator) explains the process of creating a new Rocket Pool minipool and corresponding validator on the Beacon Chain. Whether you're making your very first minipool or already have some and would like to make another one, this guide will walk you through it step-by-step.
The Minipool Delegate... | 19:09:19hrs 10-06-2023 | ||
rpl000290 | https://docs.rocketpool.net/guides/node/create-validator.html | Creating a New Minipool (Validator) | As a reminder, a minipool in Rocket Pool terms refers to a unique smart contract instance on the Execution Layer (ETH1) chain that your node manages. The minipool handles a portion of your ETH, known as the bond amount, and a portion of ETH from the rETH staking pool, known as the borrowed amount. It merges them togeth... | 19:09:19hrs 10-06-2023 | ||
rpl000291 | https://docs.rocketpool.net/guides/node/create-validator.html | Choosing a Bond Size | NOTE8-ETH bonded minipools are a feature of the Atlas upgrade, which was launched on April 17th 2023.
Before creating a minipool, the first step is to choose the amount of ETH you want to bond. With the Atlas update, Rocket Pool allows bond amounts of either 8 ETH or 16 ETH. This bond represents your literal stake in t... | 19:09:19hrs 10-06-2023 | ||
rpl000292 | https://docs.rocketpool.net/guides/node/create-validator.html | Rewards | From a profitability perspective (looking purely at ETH rewards and ignoring RPL), two 8-ETH bonded minipools with a 14% commission provide more rewards to the node operator than even 16-ETH bonded minipools at 20% commission (which, as of Redstone, is the highest possible reward configuration). At the same time, they ... | 19:09:19hrs 10-06-2023 | ||
rpl000293 | https://docs.rocketpool.net/guides/node/create-validator.html | Staking RPL | Before you can create a minipool, you'll first need to stake your RPL collateral. The minimum and maximum amounts are described above relative to ETH and depending on your desired bond size. The exact amount of RPL will change based on the ETH/RPL price ratio, which is snapshotted on-chain at regular intervals by the O... | 19:09:19hrs 10-06-2023 | ||
rpl000294 | https://docs.rocketpool.net/guides/node/create-validator.html | Staking via the Website | The easiest and safest way to stake RPL for your node is to use the protocol's Stake-on-Behalf feature, which was reintroduced with the Atlas upgrade. This way, you can stake RPL for your node while the RPL is still in the wallet you used to acquire it. In other words, you don't need to send RPL to your node's hot wall... | 19:09:19hrs 10-06-2023 | ||
rpl000295 | https://docs.rocketpool.net/guides/node/create-validator.html | Whitelisting an address to stake on behalf | You first must whitelist an address to have permission to stake on behalf of your node. This only needs to be performed once per address you wish to stake from. You can do this via the following Smartnode command:
bashrocketpool node add-address-to-stake-rpl-whitelist address-or-ens
Where address-or-ens is the address ... | 19:09:19hrs 10-06-2023 | ||
rpl000296 | https://docs.rocketpool.net/guides/node/create-validator.html | Staking RPL on behalf of | Select which network you're using from the tabs below to be taken to it:
MainnetPrater Testnethttps://stake.rocketpool.net/stake-behalf
Start by connecting your wallet to the website using MetaMask, WalletConnect, or any of the other methods the website supports. You will then be presented with this dialog:
This is a ... | 19:09:19hrs 10-06-2023 | ||
rpl000297 | https://docs.rocketpool.net/guides/node/create-validator.html | Removing an address from the stake whitelist | If you ever want to remove an address from your stake-on-behalf whitelist, you may do so with the following Smartnode command:
bashrocketpool node remove-address-from-stake-rpl-whitelist address-or-ens
Where address-or-ens is the address or and ENS name resolving to the address you want to remove from the whitelist. | 19:09:19hrs 10-06-2023 | ||
rpl000298 | https://docs.rocketpool.net/guides/node/create-validator.html | Staking via the Node CLI | If you cannot (or do not want to) use the website to stake your RPL, you can also stake it via the node's CLI directly.
First, transfer your RPL from the wallet you acquired it with to your node's address.
WARNINGPlease do this carefully and ensure you are sending the RPL to your node's address - transfers on Ethereum ... | 19:09:19hrs 10-06-2023 | ||
rpl000299 | https://docs.rocketpool.net/guides/node/create-validator.html | (Optional) Finding a Custom Vanity Address for your Minipool | By default, when you create a new minipool, Rocket Pool will generate a random unique address for it. However, the Smartnode provides the ability to search for a custom vanity address for the minipool.
A vanity address is one where you personally pick the characters that the address starts with. This is a purely cosmet... | 19:09:19hrs 10-06-2023 | ||
rpl000300 | https://docs.rocketpool.net/guides/node/create-validator.html | Depositing ETH and Creating a Minipool | TIPIf the market value of rETH is higher than its ETH backing (i.e., rETH is at a premium on the market), there is an opportunity to arbitrage the difference when creating a minipool. The value of the arbitrage is equal to the amount of protocol ETH in the minipool times the premium (minus a small amount of gas). E.g.,... | 19:09:19hrs 10-06-2023 |
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