Step-by-step instructions for setting up a Minipool manually using Allnodes
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This guide is designed for users who want to set up a Minipool on GoGoPool using Allnodes, a popular platform for hosting Avalanche nodes. By following these steps, you'll be able to launch your node on Allnodes, retrieve the necessary Node ID and BLS keys, and then create a Minipool on GoGoPool.
The visuals for each setup below show how to create a Minipool on Fuji Testnet. The steps are the same as on Mainnet, but the AVAX and GGP requirements are different.
Use our faucet to get a test GGP and test GoGoPool on Fuji Testnet.
To use GoGoPool as a Minipool operator, and earn rewards on your staked GGP, you have to have an Avalanche node. In this section, you will learn how to launch your node on Allnodes.
Visit the Allnodes website and sign in or create an account.
Navigate to the Host Nodes section and select Avalanche from the list of supported networks.
Choose the Validator Node option as your node type.
Click Next Step to proceed.
Select your preferred wallet type.
Choose Host a new node.
Agree to all the checkmarks for terms and conditions.
Click Next step to continue.
Important Note: The Allnodes instructions are designed for native Avalanche validators, which require 2000 AVAX in your wallet. However, when using GoGoPool, you only need 1000 AVAX to run a Minipool. You can safely ignore any instructions from Allnodes that mention needing 2000 AVAX in your wallet, as GoGoPool's protocol allows you to operate a Minipool with half the AVAX typically required.
Choose your preferred hosting plan based on your budget and requirements.
Complete the payment process to launch your node.
The basic plan may not be available at all times.
After your node is launched, you'll see a User Action Required modal. This will contain your Node ID, BLS Public Key, and BLS Signature.
Copy these details as you'll need them for the next steps on GoGoPool.
You can also reach these details by clicking the arrow next to your Node ID under the Node address tab.
As your node is ready, we can move forward with launching a Minipool.
Go to the GoGoPool platform and connect your wallet.
Navigate to the Create a Minipool section and select Manual Setup.
Enter your Node ID and select the duration of your Minipool.
Click Next to continue.
A longer duration is advisable since it allows your AVAX to compound over successive 15-day cycles, ensuring that your Minipool continues running seamlessly without the need to re-queue for each new cycle.
Enter your BLS public key and signature for verification. Further information about BLS keys is here.
Enter the amount of GGP you wish to deposit for staking.
Approve the transfer and then initiate the staking transaction.
Although a minimum 10% collateralization ratio of GGP is enough, staking beyond 10% is advisable against price fluctuations and maximizes rewards.
An approval process is required for the GGP amount you want to stake to be transferred to the staking contract.
After the approval, initiate the staking transaction.
Enter theAVAX amount to create your minipool. Currently, the amount of AVAX that must be deposited by the user to create a minipool on the mainnet is 1000 AVAX.
Once you deposit AVAX, your Minipool is created! If there is no queue and sufficient AVAX is available in the liquid staking pool, your Minipool will be launched immediately.
To view the current AVAX balance in the liquid staking pool and the available minipool amount to launch, please visit our liquidity dashboard.
Head to the dashboard to view detailed information about your Minipool.
Need help? If you encounter any issues or have questions, our support team can assist you. Contact us via our Discord server or live chat.
