GoGoPool🎈 Profile picture
Sep 19, 2022 14 tweets 9 min read Read on X
🚨With the success of the @DefiKingdoms subnet on $AVAX, a lot of people are wondering how to run their own node🚨

We compiled a list of the 7 most common problems you may run into when setting up an @avalancheavax node so you can get involved in the subnet economy faster!🧵
🎈Where can I find resources on how to become a validator?🎈

You can find the official $AVAX documents at docs.avax.network/nodes/validate…

You can find a community of validators and developers here:

discord.gg/aNfvB9HV

Official $AVAX discord here:

discord.com/invite/RwXY7P6
🎈Are you able to run nodes at home or on AWS?🎈

You can run an $AVAX node on AWS or using an at home setup with these specs:

🗻 CPU: Equivalent of 8 AWS vCPU

🗻 RAM: 16 GB

🗻 Storage: 1TB

🗻 OS: Ubuntu 18.04/20.04 or MacOS Catalina or better

Helpful setup links up next...
Checkout these links for help with setup at home or using AWS:

🗻 How to Run an $AVAX Node at Home:

🗻 How to Setup an $AVAX Node on AWS:
🎈How can validators be notified if another #validator is unresponsive or out-of-date?🎈

$AVAX has an active monitoring system called Avalanche notify that checks a validators responsiveness each minute

More about this in the next tweet...
An email alert will be sent if an $AVAX #validator is down for 5 consecutive checks and when a validator recovers after 5 responsive checks in a row

**Quick heads up, for your privacy when signing up for email alerts, consider using a new, alias, or an auto-forwarding email**
🎈Do the estimated rewards only show the rewards you earn from your staked $AVAX, or also from those who delegated their $AVAX to you?🎈

Unfortunately as of now estimated rewards only show your staked $AVAX
If you’re an $AVAX builder out there who wants to fix this problem, join our discord of developers and validators here: discord.gg/aNfvB9HV

The $GGP team is interested in this as well and we’d love to field any questions and look into it with you
🎈What is the best way to verify if your $AVAX validator node is currently working?🎈

@Allnodes makes checking your #validator node status easy

You can check your validator nodes operation status on check.allnodes.com @Allnodes
🎈Why would a greater amount of $AVAX staked require more hardware?🎈

The more $AVAX you have staked the more frequently your validator will be queried for consensus

The more frequently you’re queried for consensus the more computing and networking power you’ll need
With 800k $AVAX staked and delegated we see the following numbers:

🗻 10% CPU average (8-core) with spikes to ~25%

🗻 10% memory usage of 32GB

🗻 0.64MiB/s sustained egress

🗻 0.83MiB/s sustained ingress

(cont.)
🗻 Pruned db size of 256GB (pruned about 80 days ago at this point)

🗻 150MiB/s disk READ throughput from 2,000 iops (peak in past week)

🗻 240MiB/s disk WRITE throughput from ~1,500 iops (peak in past week)
🎈Can I set up a Validator node by staking less than 2,000 $AVAX?🎈

Right now, no but GoGoPool will let validators deploy at a cheaper price, starting at 1000 $AVAX

Make sure you're following @GoGoPool_ to stay up to date with our mainnet release
For more helpful $AVAX validator and #subnet tips check these links out:

🗻 YouTube: youtube.com/channel/UCSKtI…

🗻 Discord: discord.gg/aNfvB9HV

🗻 Community TG: t.me/GoGoPoolCommun…

🗻 Announcement TG: t.me/GoGoPoolAnnoun…

🗻 $GGP Blog: gogopool.medium.com

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More from @GoGoPool_

May 29
+400 validators are shaping the future of Avalanche through GoGoPool.

Minipools’ innovative method streamlines the process of becoming an @avax validator while maximizing returns.

Let's dive into the benefits and how you can start your journey today. Image
1. Simplified Validator Launch:

Our One-Click Launcher makes one-click validation simple.

No coding required.
2. Cost-Effective:

Traditional validators require 2000 AVAX (~$72,000 at current prices).

With GoGoPool, you only need ~1120 AVAX.

This reduced entry cost covers your hosting fee, significantly lowering the barrier to entry.
Read 7 tweets
Feb 20
Do you know how Avalanche NFT projects are helping decentralize and expand the network?

They've been using their treasuries to launch AVAX validators through GoGoPool, called Minipools, and empower their communities

Checkout this thread to see how: Image
@DokkaebiNetwork is using their Minipool to power their Doki Points rewards for their community

Dokkaebi holders earn points based on a number of factors

For more:
Image
@peonnft and @smol_joes of Joe Studios are starting their Beeg-Smol Pension Program to provide incentives for their holders like tips or raffles

@blueclarityone talks about how important this is for the ecosystem here:
Image
Read 8 tweets
Jul 12, 2023
This Avalanche whale could make over 200 AVAX validators thru GoGoPool, called a Minipool...

It's the LAST DAY of the GoGoPool x @ooNodz_Network partnership so they could save 20% per node

But would it make sense for them to?

Here begins the story of Earl Lee Validator IV 🔽
Earl Lee Validator IV began their GoGoPool journey by creating a Minipool a month ago

Since then they've started wetting their feet by grabbing $4400 in $GGP

Their Minipool is at a 62% 😉 collateralization ratio so their leaving $GGP rewards on the table(Max = 150%)
Minipool operators are rewarded in:
- AVAX staking rewards
- Node Operator commisions
- GGP rewards
- Subnet native tokens(soon)

Listen to @stvngts + check out @ooNodz_Network thread for more details:


What if ELV IV got 200 Minipools? 🔽 https://t.co/q9ZaVbYIPT
Read 8 tweets
Jun 2, 2023
A rare whale on AVAX can make over 50% profit in about 2 weeks...

Let's talk about how GoGoPool made this possible and how YOU can get involved too

Here begins the story of Earl Lee Validator 🔽 Image
Earl Lee Validator began their GoGoPool journey a couple weeks after the @Avalaunch sale concluded

They've invested about $22,500 in $GGP

Their Minipool is maxed out at 150% collateraliztion ratio, optimizing for GGP rewards returns Image
Minipool operators are rewarded in:
- AVAX staking rewards
- Node Operator commisions
- GGP rewards
- Subnet native tokens

A Minipool is a validator launched thru GoGoPool that has supplied their own hardware and 1000 AVAX + 10% in $GGP

Let's see Earl Lee's $GGP returns 🔽
Read 7 tweets
Jun 1, 2023
Avalanche validators were just given over $50K in $GGP rewards...

But there are still a lot of node operators that don't know how easy it is to signup their validator for a Minipool...

Read below to learn why AVAX validators are excited about Minipools and what they do:
What is a Minipool? 🎈

- Validator nodes launched thru GoGoPool that have supplied their own hardware and registered by staking only 1000 AVAX 10% of that value via the $GGP token Image
Minipool Benefits 🎈
Minipools cut the minimum staking requirement for AVAX node operators in half from 2000 $AVAX

Minipool Operators are rewarded in:
- AVAX commissions
- Node Operator commisions
- GGP rewards
- Subnet native tokens
Read 4 tweets
Aug 31, 2022
🚨 GoGoPool is excited to announce our $5M seed round co-led by @hiFramework and @coinfund_io! We're creating the first decentralized staking protocol built to power up @avalancheavax subnets 🚨

For who we are, what we're building, and why we're so bullish on subnets read below
1) Purpose

WordPress powers 43% of the websites on the Internet, and changed web2 by allowing a non-technical audience to launch their website idea with one click - Subnets can do the same for web3.

There are a 3 key problems limiting subnets that GoGoPool plans on solving...
2) Problems

⛰️ First, every validator of a subnet must be a validator of the Avalanche Primary Network as well. This means launching a 5 node subnet costs 10000 $AVAX - making it uncompetitive with web2 alternatives like Wordpress/AWS.
Read 11 tweets

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