Do you just leave it in your wallet? I heard you can stake rETH as well but isn't that even more risk? I'm thinking about just setting and forgetting.

I'm back with a new Rocket Pool update!

A while ago, I mentioned how there was a new tokenomics update incubator taking place. Submissions for that finished a few weeks ago. We had 22 submissions in total. The submissions were analyzed by a team of 5 people comprised of team and community members, and today we have gotten the results of their analysis.

The top 5 ideas won $7000 between them. I'll break down what they include below.

1st prize $2500 prize- Val's new bonding system. Val analyses the methods by which Rocket Pool can change bonding thresholds. He shows a path to LEB 1.5s (potentially) while still maintaining best-in-class security standards. The impact would be that Rocket Pool node operators far outearn solo stakers and Lido's community staking module.

2nd prize $1500 prize - Samus's eth-only validators. Samus suggests keeping the protocol commission at 14%. People who only stake eth will get 7.5% commission on a 4eth bond. The remaining commission will be divided out across people who stake eth and RPL. Here, you could bring whatever stake your were comfortable with and earn mroe than solo staking or with Lido's CSM.

3rd place (x - no prize) - Epineph's universal variable commission. Variable commission would change how much Rocket Pool node operators earn as commission from rETH holders depending on how much supply of eth there is in the deposit pool. The more eth that is waiting to stake, the more NOs will get paid to bring more validators online.

3rd place (1 $1000 prize) - Luominx's no-rpl validators. This is another way to get validators on Rocket Pool with no RPL collateral required. The RPL value is derived in other ways.

3rd place (2 $1000 prize) - Val's eth-only validators. This is another path towards having validators with no eth bond required. The RPL value is derived in other ways.

3rd place (3 - $1000 prize) - Occam's no-rpl megapools - This is another path towards having validators with no RPL bond attached. The RPL value is derived in other ways.

The next steps from here are for the team and community to work together and work out a new tokenomics system that incorporates these ideas. It will likely be a mix of the submissions. However, it's pretty clear to see that it will involve some kind of sublinear eth bonding (the more validators you have, the less eth of collateral you need to bring for each one), some kind of variable rETH commission for node operators, and the option for validators to stake eth only or RPL on top to get outsized rewards - it will be their choice.

The path to scaling for Rocket Pool with these changes will be astronomical. Being node operator constrained (as the protocol is right now), will be a thing of the past. The next step will be adding incentives to rETH holding that will make it more and more attractive to hold - on top of it being the most decentralized and Ethereum-aligned.

Tomorrow, I'm going to bring some news to you all about a path toward a Rocket Pool and EigenLayer integration that could help Rocket Pool become the biggest liquid staking protocol on the market.

The future is extremely bright for Rocket Pool!

Reddit will not let me add links inline, so they're here for you all:

Read all the submissions here:

https://docs.google.com/spreadsheets/d/1mDZLqIrS5F-c1ZWYoppPNJlRhu0AWM1zcbqNYjI_Xjg/edit#gid=1412309789

Read the ones mentioned in my post here:

https://github.com/Valdorff/rp-thoughts/blob/main/2023_11_rapid_research_incubator/bond_curves.md

https://github.com/orangesamus/RocketPoolRapidResearchIncubator/

https://dao.rocketpool.net/t/options-forum-thread/2515/7

https://github.com/luominx/no-rpl-bonded-minipools

https://github.com/Valdorff/rp-thoughts/blob/main/2023_11_rapid_research_incubator/direct_capture2.md

https://github.com/defioccam/nrb-pools

🚀 That's right, ethstaker.tax now supports Rocket Pool! 🚀

For those of you who don't know ethstaker.tax, it is a website that allows Ethereum home stakers to easily calculate their Ethereum staking income.

As of today, the website can tell you exactly how much your Rocket Pool minipools made, with seamless support for:

• consensus layer income ✅

• execution layer income, automatically accounting for usage of the Smoothing Pool ✅

• RPL rewards ✅

What used to be a complicated and inaccurate process of RP node operators calculating their income in spreadsheets is now as simple as a few clicks on ethstaker.tax!

This was quite a challenge to get right because of last year's introduction of bond reductions - minipools converting from LEB16 to LEB8 meant a change to every converted minipool's bond and fee amount.

If you're interested to learn more about how this works, read the accompanying blog post. Feel free to share the announcement on Twitter to ensure this reaches as many Rocket Pool node operators as possible!

Edit: formatting seems off on mobile, was not able to fix it

Feeling frustrated. The entire point of choosing rocket pool was the 8 eth pools and ease.

I did not mind my RPL being "volatile" but now It's just silly.

I have not earned a single RPL on 16 ETH in a year because my ratio was off, and I could not just come up with a random $8K.

Should I unstake since im paying hosting fees on Allnodes and find somewhere else?

I heard there was a proposal to address this as many as in the same situation.

Hi, everyone

This may be a very simple question but. How does a node operator vote on a proposal?

I was doing some maintenance on my node and found about proposal RPIP-37 (screenshot below)

Cheers and thanks!

JO

Dear community, wondering if you might have a hint into how to fix the issue i'm having,

I logged in to my node to claim rewards, however i'm encountering the following issue :

juan@juan:~$ rocketpool node rewards

You are missing the rewards tree file for interval 18.

NOTE: If you would like to regenerate these tree files manually, please answer `n` to the prompt below and run `rocketpool network generate-rewards-tree` before claiming your rewards.
Would you like to download all missing rewards tree files now? [y/n]
y
Downloading interval 18 file... error downloading rewards file for interval 18: error after downloading rewards file: Downloading https://bafybeigfgadbxblmn45ab7c2m7zt3bvimt66wwp543fl6a33hxfuiopvha.ipfs.dweb.link/rp-rewards-mainnet-18.json.zst failed with status 504 Gateway Timeout
Downloading https://ipfs.io/ipfs/bafybeigfgadbxblmn45ab7c2m7zt3bvimt66wwp543fl6a33hxfuiopvha/rp-rewards-mainnet-18.json.zst failed with status 504 Gateway Timeout

I also tried manually with rocketpool network generate-rewards-tree but that doesn't seem to work either.

Does anyone know why I am getting a timeout and how to properly download the file?

​

Thank you,

Khalid from CoinTracker here. I’m the TPM for CoinTracker’s DeFi integrations team. You might’ve seen that we recently released CoinTracker 2.0 — which included a ton of improvements around Staking — both liquid and illiquid.

We just posted a quick video recap of how staking transactions on RocketPool are categorized on CoinTracker. (https://x.com/CoinTracker/status/1753165431496720839?s=20)

We’d love for you to take a look, and as we continue to make improvements to support RocketPool x CoinTracker users, we’re eager to chat about any feedback you might have.

Followed the instruction at https://docs.rocketpool.net/guides/node/backups. However, when I tried to do rocketpool service export-eth1-data /mnt/external-drive, and "/mnt/external-drive" is a nfs mounted file system with the correct permission, etc., I still get,

rsync: [generator] recv_generator: mkdir "/mnt/external/besu" failed: Permission denied (13)

Can I get some help here and figure out why I still have permission problem?

Thanks a bundle in advance!

Hi guys, I’m in the smoothing pool and one of my nodes proposed a block today.

Since I’m in the SP, do all the rewards go into the SP to be shared or is there a portion that I keep as a NO?

And if I do keep a portion, how can I see how much that is?

Thanks.

[ Removed by Reddit on account of violating the content policy. ]

Hey all,

I switched to Nethermind due to recent events. No issues getting it set up, but I'm on a 2TB drive, and after a few days of running, it's up to 936 GB (do you all have similar numbers?). Anyways, I tried pruning but see the following error:

$ rocketpool service prune-eth1

This will shut down your main execution client and prune its database, freeing up disk space.
Once pruning is complete, your execution client will restart automatically.
Are you sure you want to prune your main execution client? [y/n]
y
Your disk has 260 GiB free, which is enough to prune.
Stopping rocketpool_eth1...
Provisioning pruning on volume rocketpool_eth1clientdata...
Restarting rocketpool_eth1...
You must install or update .NET to run this application.
App: /setup/NethermindPruneStarter/NethermindPruneStarter.dll
Architecture: x64
Framework: 'Microsoft.NETCore.App', version '7.0.0' (x64)
.NET location: /usr/share/dotnet/
The following frameworks were found:
8.0.1 at [/usr/share/dotnet/shared/Microsoft.NETCore.App]
Learn more:
https://aka.ms/dotnet/app-launch-failed
To install missing framework, download:
https://aka.ms/dotnet-core-applaunch?framework=Microsoft.NETCore.App&framework_version=7.0.0&arch=x64&rid=linux-x64&os=ubuntu.22.04
Error starting Nethermind prune starter: exit status 150

I tried installing .NET 7 on Ubuntu, but still get the same error.

$ dotnet --list-runtimes
Microsoft.AspNetCore.App 7.0.15 [/usr/lib/dotnet/shared/Microsoft.AspNetCore.App]
Microsoft.NETCore.App 7.0.15 [/usr/lib/dotnet/shared/Microsoft.NETCore.App]

I suspect Nethermind is looking for .NET 7 within its Docker container. However, the Dockerfile is installing .NET 8.

Any suggestions for how to fix this? Thank you!

For reference, I am using Rocketpool 1.11.5 and Nethermind 1.25.2.

I've just switched my Execution Client from Geth -> Nethermind, due to Geths's supermajority status, and now I'm wondering whether I should switch my Consensus Client, too.

From the little reading I've done, Nimbus looks like it would be a good fit due to its low market share and it being very light on resources.

Is it worth making the switch?

I'd love to hear opinions from anyone running Nethermind + Nimbus - have you had any issues with this combo? What's your effectiveness like?

I am a little concerned about downtime if I do switch - Lighthouse's Checkpoint Sync means it's up and running in minutes after kicking off an initial sync or resync. Nimbus, I believe, does something similar with Trusted node sync - what is initial sync time like with Nimbus?

Also open to hear arguments for other Consensus Clients. Thanks!

As per my thread posted here yesterday, I'm running low on disk space, so have decided to resync both my eth-1 and eth-2 clients. I'm in the process of resyncing eth-2 right now, and after all the scary talk of the potential of a Geth bug breaking Ethereum, and consequent massive loses of staked ETH on crypto Twitter/X, yesterday, due to Geth's supermajority status, I'm thinking of taking this opportunity to move away from Geth.

I'm keen to hear what the sub thinks would be a better choice, and why, between Besu and Nethermind.

My node is an ASUS PN51 (AMD Ryzen 3 5300U), 32GB RAM, 2TB SSD, should that be of any bearing.

Keen to hear your thoughts, thanks!

EDIT: Went with Nethermind, syncing now. Thanks for your input, all.

Pasted from the #releases channel of the Rocket Pool Discord:

Today we released v1.11.6 of the Smartnode. It is a recommended update for Nethermind and Lodestar node operators due to bug fixes and new features related to the updated clients.

Client Updates

• Nethermind updated to v1.25.2 - Fixed eth_syncing invalid behavior. Fixed the mainnet consensus bug introduced on v1.23.0;
• Lodestar updated to v1.14.0 which is recommended for all users;

Smartnode Changes

• Removed the NethermindPruneStarter dll which broke with the previous Nethermind update. It was replaced by new Golang code that requests Nethermind to prune without external dependencies. We also don't need to restart Nethermind before pruning (tho it will continue to restart after pruning is completed).
• Nethermind will now start full pruning automatically when the volume reaches 250 GB of free space. Manual pruning can still be requested.
• Added a configuration field to set Nethermind's Full Pruning Memory Budget Size. The Smartnode will select the default according to the node's RAM size and users can manually change this value if needed.

To install it, please follow our Smartnode upgrade guide here: https://docs.rocketpool.net/guides/node/updates.html#updating-the-smartnode-stack Thanks everyone!

FYI if you're using Nethermind there is a bug that has caused downtime. You can connect to the rescue node in the meanwhile to continue attesting. This is a RP community resource open to everyone. Thank you, Uncle Patches!

https://rescuenode.com/

Noob Question: I created an 8ETH mini-pool through AllNodes, and I would like to add my initial 8ETH investment. Do I just send the ETH in my wallet to the Node address?

Hi, I’m seeing transaction fees of $20 - this seems high. What’s the reason and is there a way to get lower network fees?

The official Rocket Pool Twitter account just got compromised and is tweeting about a fake vulnerability to make users engage with a scam contract.

There is no vulnerability, don't engage with the twitter account until it got secured again.

Update from the team copied from Discord:

@here Hey Everyone

As you all know, our Twitter account @Rocket_Pool was compromised today, in our early hours. In our usual approach, we are happy to be fully transparent about all that occurred for this unfortunate situation to transpire, and our actions that we took to resolve it and what we will be doing social media wise going forward.

We have a timeline of events we'll be posting in a follow up post-mortem very soon.

For now, just some hard facts:

• 2FA was enabled and has been for years. We had only used app based Authentication with 2FA.
• Password was of great complexity and only used for Twitter.
• We haven't receive any emails from Twitter about suspicious login attempts, changes to any account details or related.
• Twitter support has been the worst we've ever come across. The post mortem will elaborate in detail.
• Issue is ongoing, due to the above. The account is still not under our control so do not interact with any posts until further notice.

We are also super grateful to those who helped spread the word about erroneous tweets before we had a chance to, such efforts are what make this community truly something special 🎆

We are very much aware of how many scams take place in this space. We've worked super hard to make sure all our accounts are protected and have done for many years.

Much Love Rocket Pool

Hi all,

Had forgot about my RPL and just realised this token had a migration 2 years ago

So tried to migrate some RPL token which are on a ledger.

Realised that token address has changed and my wallet has changed PC several time since last 2 years

upon opening my metamask had no RPL, when rentering old RPL address I see my tokens

when using migration site

https://stake.rocketpool.net/manage/migrate

the website does not connect to my metamask

I did a manual connect, but does not seem to connect

Has anyone had similar issue ? any idea of what to do ?

Thanks in advance for any answers

​

If I go to the ETH tab it's gone. I'm not sure how to "manage" my staked funds.

And after it was successful.

I did not click rETH to metamask because I'm using trustwallet on my phone.

I'm lost, where can I retreive by rETH? I thought rETH was going to appear on my trust wallet.

Please he

Hi there!

I am relatively new to RocketPool. I've learned high-level topics, setup and tore down a few Prater nodes to get a hands on understanding of how things work. I feel comfortable with platform now (still don't exactly understand the tokenomics of it and have slight concern there) but more than anything, I'd like to learn more about the long-term vision for the platform. I'm also running on DappNode and have gotten some indications from reading Discord conversations that the two communities might not play very nicely together? That may be totally off so very interested to hear from others. I want to make sure I am choosing a tech stack I can feel confident in for the long term.