SD Collateral Bond Top-up

You will receive SD rewards on the SD collateral bond you deposit. The minimum deposit requirement is 0.4 ETH worth of SD per validator (10% of your ETH bond) , while the maximum allowed deposit is 8 ETH worth of SD per validator (200% of your ETH bond). The exact value will vary dynamically based on the current price of ETH and SD.

Please note

  • SD collateral snapshots are taken daily at a random block. Therefore, if the SD collateral value falls below the 10% limit, the node operator will not earn SD rewards for that day.

  • We recommend maintaining an SD collateral buffer (above the 0.4 ETH worth of SD limit) to avoid any reward loss due to price fluctuations.

  • You can deposit more than 8 ETH worth of SD per validator as collateral, but any SD collateral exceeding the 8 ETH limit per validator will not earn SD rewards.

  • For SD collateral withdrawal, the node operators can withdraw any collateral exceeding the 200% SD collateral limit (8 ETH worth of SD per validator). To withdraw the entire SD collateral, the node operator will need to exit the validators.

  • Before depositing SD collateral, you will first need to give approval to the collateral contract to access your SD token. This approval step will only be done once.

You can top up your SD collateral either by using your own SD (Self-bond) or utilizing SD from the SD Utility Pool against a small fee

Deposit own SD (Self bond)

Run the below mentioned command to deposit your own SD as collateral.

~/bin/stader-cli node deposit-sd --amount <SD Amount>

Please ensure to replace the placeholder <SD Amount> with the specific amount of SD tokens you intend to deposit.

Deposit SD via SD Utility Pool

To utilize SD from the SD Utility Pool, please refer the How to Utilize SD page from the SD Utility Pool section: click here

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