How to Stake ETH in SSV Network
@DerFredy | DragonStake.io
We are going to show how to participate in the SSV Network incentivized testnet, in which both Stakers and Operators will receive rewards. The ETH that we will use are from the Goerli testent, although the rewards will be in the MainNet.
In Ethereum, any person who Stakes 32 ETH is called a Validator.
To participate we will not need to have 32 goETH because we will use a discord bot that will make the deposit on our behalf. We will still need some goETH to be able to sign a TX. Use some goerli faucet to get a few cents of goETH. Or find us on the channel #español at SSV's discord.
Steps to become a Validator (32ETH Staker):
https://github.com/ethereum/eth2.0-deposit-cli/releases/
There are versions for linux, mac and windows. Download the one that suits you best.
- Unzip it and run it like this in a terminal:
./deposit new-mnemonic --num_validators 1 --chain prater
It should have asked you for a password to encrypt your files and it should have generated a couple of files in the “validator_keys” folder. Although this is testnet, keep them very well to practice.
In this application we will do all the steps to upload the deposit data but without actually signing the TX. Pick any client when asked, Geth and Teku for example.
The deposit data is one of the files generated by the previous software.
It looks like this: deposit_data-1643041546.json
Here you will have to do this little trick to be able to continue if you do not have 32ETH:
It consists of manually activating a button on the interface that appears inactive if you don't have ETH enough. Depending on the browser you use, with F12 or with the right button and inspect you can access the code of the web page and change that button from "disabled" to "enabled". Have a look to the following gif:
https://i.imgur.com/izYw5QU.gif
We continue and we will arrive just until the moment of having to sign a TX with our metamask. Do not do it. We are just trying to copy the metamask HEX data, but without actually signing it. We need that Hexadecimal data of the TX to pass it to the bot.
If you can't find this channel you may have to assign yourself the ssv.network role in this other channel: 《🚪》choose-channels
https://discord.gg/AbYHBfjkDY canal #deposit-bot
Once in the bot channel we will have to paste the following:
+goerlieth <wallet address> <hex-data>
Here you have an example of how what you have to paste would look like:
+goerlieth 0xA5CBaA90bCF50e62a661c2011b548A0E30A42715 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
- In a few seconds the bot will answer if you have been successful.
You can use the bot once every 24 hours. The more validators you register, the greater your reward will be.
https://app.prater.ssv.network/
Select: Run Validator -> Import Validator
We upload the key of the validator (the other file that the software generated in the first step. It looks like this: keystore-m_12381_3600_0_0_0-1643041546.json )
It will ask us for the password with which we previously encrypted it.
- Choose the 4 operators. Please search the dropdown for DragonStake with Ctrl + F
Other operators that you can choose and that have good performance:
Vortex, LionStake, Forbole, ... We advise you to be verified operators (green check) and have good performance.
You can search each one of them and see the % of performance. You need more than 85% to qualify for the reward. Use this URL to search for them and check their %
https://explorer.ssv.network/operators
- Accept everything by signing the last TX
DONE!!
When the testnet ends you will have your reward and it will be proportional to the number of validators you have created. Remember that you can create 1 validator each day.
Click here to check the performance of DragonStake on the testnet
We hope that you enjoyed this guide and you get your deserved rewards!!