Managing Your Bidder Deposit
To Check Your Deposit for current window:
To Check Your Deposit for a specific window:
Funding Your Node Account: First, retrieve the Ethereum account address of your node:
To add funds to your account on the mev-commit chain, you may use the testnet faucet.
- Adding to Your Deposit:
To increase your deposit for the current window, use the following command, specifying the desired amount:
To increase your deposit for the specific window, use the following command, specifying the desired amount and window number:
To increase your deposit for the specific L1 block number, use the following command, specifying the desired amount and L1 block number:
After successfully adding to your deposit, you are ready to send bids and receive preconfirmations on the network.
- Withdrawing from Your Deposit:
To withdraw funds from your deposit, use the following command:
If you don’t specify a window number, the current window will be used by default.
Outcome of Preconfirmed Bids:
When a bid is preconfirmed by a provider, there are several possible outcomes:
Outcome Matrix | Provider Wins Slot Auction | Provider Loses Slot Auction |
---|---|---|
Transaction in block | Reward Provider | Refund Bid to Bidder |
Transaction not in block | Slash Provider & Refund Bid To Bidder | Refund Bid to Bidder |