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* part 2 of the initial doc fixes - spelling fixes - grammar fixes - em-dashes should be em-dashes (`—`): double dashes (`--`) are not rendered properly - reduce overusage of em-dashes, some of those should be separate sentences - use the correct syntax for notes, tips and warnings - every sentence is in a separate line (helps with future diffs) - add missing dots at the end of list items - fix some lists * sentences on separate lines in the remaining files
72 lines
3.0 KiB
Markdown
72 lines
3.0 KiB
Markdown
# Make a deposit for your validator
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To make a deposit, you will need to generate keys then submit a deposit transaction to the execution chain.
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!!! tip "Launchpad"
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The process of setting up a validator is also documented at the Ethereum launchpad site:
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* [Mainnet](https://launchpad.ethereum.org/)
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* [Goerli/Prater EthStaker Launchpad](https://goerli.launchpad.ethstaker.cc/en/) or [Goerli/Prater EF Launchpad](https://prater.launchpad.ethereum.org/)
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!!! tip
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Use Prater to stress test and future proof your set up against peak mainnet load.
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See [here](./prater.md) for all you need to know.
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## Steps
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### 1. Download the deposit tool
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Start by downloading and unpacking the [deposit tool](https://github.com/ethereum/staking-deposit-cli/releases/latest) provided by the Ethereum Foundation:
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```sh
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# Enter the nimbus folder
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cd nimbus-eth2
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# Make sure to get the latest version from the download page
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wget https://github.com/ethereum/staking-deposit-cli/releases/download/v2.2.0/staking_deposit-cli-9ab0b05-linux-amd64.tar.gz
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# Unpack the archive
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tar xvf staking_deposit-cli-9ab0b05-linux-amd64.tar.gz --strip-components 2
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```
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### 2. Generate keys
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!!! tip "Live image"
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You can increase the security of this process by downloading a [Live linux image](https://ubuntu.com/tutorials/try-ubuntu-before-you-install). To do so, copy `deposit` to a USB stick, boot into the live image, and run the tool from inside the image.
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Make sure you **don't** enable Wifi and unplug any Ethernet cables when using this process.
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The deposit tool generates a seed phrase, and uses this to create validator and withdrawal keys.
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!!! danger "Seed phrase"
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If you lose you seed phrase and your withdrawal key, your funds will be lost forever!
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=== "Mainnet"
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```sh
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# Run the deposit tool and follow the instructions on screen
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./deposit new-mnemonic --chain mainnet
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```
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=== "Prater"
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```sh
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# Run the deposit tool and follow the instructions on screen
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./deposit new-mnemonic --chain prater
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```
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### 3. Make the deposit
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Once created, the keys are used to create a deposit transaction on the Ethereum execution chain.
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Follow the instructions [here](https://launchpad.ethereum.org/en/upload-deposit-data) to upload the deposit data.
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!!! warning
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If you are making a mainnet deposit make sure you verify that the deposit contract you are interacting with is the correct one.
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You should verify that the address is indeed: [0x00000000219ab540356cBB839Cbe05303d7705Fa](https://etherscan.io/address/0x00000000219ab540356cBB839Cbe05303d7705Fa)
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!!! info
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Once you send off your transaction(s), your validator will be put in a queue based on deposit time.
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Getting through the queue may take a few hours or days (assuming the chain is finalizing).
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No validators are accepted into the validator set while the chain isn't finalizing.
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The `Pending Validators` metric on the [beaconcha.in](https://beaconcha.in/) will give you the size of the queue.
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With the keys created, you're ready to perform the [key import](./keys.md).
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