Original Validator FAQ
Commission: Currently, the commission rate charged by rETH OV is set at 10%. The parameter will be adjusted according to the relationship between the demand for OVs and the current supply of OVs.
When the supply of OVs in rETH is not enough, the commission rate will be increased to incentivize validators to join the rETH OV program.
There are 4 main reasons why you should consider joining in rETH Original Validator Campaign:
1) No KYC and Permission Required
Any Eth2.0 validator, no matter whether you are a personal validator or an institutional validator, can join in to be a Solo Validator in rETH freely without any KYC or permission.
2) Higher APY
The Solo Validator’s staking profits will be 53% higher than totally self-funding the 32 ETH and the Trusted Validators will earn 0.138528 ETH per node yearly without ETH deposit. Please check the OV APY calculation table for details.
3) Competent Liquidity
StaFi rETH designs a liquidity solution for Solo Validators‘ deposits and rewards. rETH Solo Validators can redeem 2 ETH per node.
4) Slash Insurance
There are 2 types of original validators, Solo Validators and Trusted Validators. The comparisons between them is below:
The following three requirements would apply to a validator in rETH:
1) Run an ETH2.0 node.
2) Choose the validator type and deposit the corresponding amount of ETH (Solo Validator: 4 ETH per node, Trusted Validator: 0 ETH). If you choose the Solo Validators, you could run validators without any permissions from StaFi. If you choose the Trusted Validator, you have to file the application to get the verification from the StaFi Foundation.
3) After getting the allocations from the StaFi staking pool, OVs should upload the deposit_data-*.json file generated by the validator client in rETH validator dashboard.
Solo Validators will still need to deposit 4 ETH per node before getting ETH allocations from StaFi.
Trusted Validators will be whitelisted to onboard with no required ETH deposit, and will obtain 32 $ETH allocations per node.
We will solve the slash problem through the following ways:
1) Solo Validator is required to deposit 4 ETH per node. When Slashing occurs, the staker loss will be deducted from the 4 ETH deposited in priority.
2) For Trusted Validators, we will sign the agreements with them and they will deposit a plege(in ETH) to a multi-sig account controlled by both StaFi and Trusted validator. When the slashing occurs, the pledge will be used to compensate the users.
3) StaFi will cooperate with Nexus Mutual, Tidal and other DeFi insurance protocols to provide slash insurance for OVs. Also, StaFi will establish an insurance fund pool to compensate for the slash loss over 8 ETH per node.
4) In addition, according to our research on ETH2.0 slashing, the probability of slashing on all nodes is 0.05%, and the maximum slashing quota does not exceed 2ETH.
1.The uploaded file is invalid.
2.Insufficient pool in the pool:
For Solo Validator: ETH amount in the pool < 28Pubkey amount
For Trusted Validator: ETH amount in the pool < 31Pubkey amount
3.The pubkey of the Trusted Validator can not be uploaded for the solo Validator.
4.Trusted Validator and Solo Validator pubkeys could not be staked at the same time.