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🎈How can validators be notified if another #validator is unresponsive or out-of-date?🎈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_

Sep 18
RWAs are a Trillion-dollar opportunity for the crypto.

This is why we've partnered with @Jiritsu_Network to bring Real-World Assets to Avalanche L1s.

Here's what this means for the Avalanche ecosystem. 🧵 Image
What this means for Avalanche 🔺

By combining GoGoPool’s permissionless liquid staking with Jiritsu’s advanced zkMPC tech, we’re enabling secure and efficient tokenization of RWAs on @avax.

This integration makes it easier than ever for L1s to launch and manage RWAs. Image
The Power of Partnership🤝

With Jiritsu handling secure and private asset verification and @GoGoPool_ making staking and validation cheaper and easier, projects building on Avalanche L1s can now focus on what they do best—innovating!

For more:

Image
Read 6 tweets
Sep 2
GoGoPool has been working hard to connect with top protocols within the @avax ecosystem.

From various DeFi strategies to non-custodial applications.

Here’s a recap of the most impactful Twitter Spaces we've hosted this past 2 months 🧵 Image
1. @PharaohExchange: Unveiling High-Yield Strategies on Avalanche

Discover how you can unlock high-efficiency yields within the Avalanche ecosystem.

Our recent space on liquidity strategies with Pharaoh revealed new avenues to maximize your returns. Explore these groundbreaking opportunities!

Link to the full space here:
2. @axon_finance: Revolutionizing Fiat-to-Crypto Transactions

Say goodbye to high fees!

Learn how Axon’s fully non-custodial platform is transforming fiat-to-crypto exchanges with ultra-low transaction costs.

Listen to the full space here:
Read 8 tweets
Aug 22
The Avalanche BOOST campaign is fueling DeFi growth across Avalanche.

Creating deeper markets, reduced slippage, and increased price stability have benefited traders and liquidity providers on @avax.

This is one of Avalanche's best-kept secrets. 🧵 Image
So what is Boost?

Boost is a strategic initiative designed to supercharge DeFi on Avalanche by offering increased rewards to liquidity providers.

By incentivizing users, Avalanche has deepened liquidity, enhanced user engagement, and positioned itself as a top DeFi chain.
Avalanche's Boost Program went live in early July.

The initial phase focused on fostering the growth of "Blue Chip" assets, including stablecoins and $BTC.b, as well as fostering the growth of liquid staked pairs.

Boost has increased Avalanche's TVL to $862M (+15% ) in the last 30 days.Image
Read 13 tweets
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

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