The Setup

The Rocket Pool v1 Beta will be running on our very own Proof of Authority Ethereum sidechain testnet. It will also feature a built-in faucet for people who wish to grab some testnet ether to stake with Casper on our smart nodes.

Interaction with the beta will be through MetaMask and we’ll be supplying the URL for the RPC connection in an upcoming guide on how to get started with the beta, its features and general usage.

Parameters

The beta will feature shorter parameters than that of the live Casper contract; it wouldn’t be much of a beta if we made everyone wait 4 months to withdraw their sweet sweet testnet ether ;)

Testnet Block Time: 5 seconds.

Testnet Faucet: 20 ether — every 24hrs per account.

Deposit Min: 1 ether.

Deposit Max: 12 ether — this is the maximum per deposit.

Deposit Terms: 1 day, 2 days and 3 days respectively.

Withdrawal Min: 0 ether.

Withdrawal Max: 10 ether — this is the maximum per withdrawal.

Minipool Launch: 32 ether — this is the amount of ether a minipool requires before its deposit is sent to Casper to stake; there can be many users in one of these.

Minipool Max Amount: 15 — this is how many Minipools the beta will allow; first come, first served. If you want to participate and there are no Minipools available, come back the next day and you’ll hopefully get a spot :)

Casper Deposit Min: 32 ether

Casper Logout Time: 8 minutes — When a Minipool’s deposit term is up, it is automatically logged out from Casper; this takes 8 minutes. On the live Casper, this will take almost a week.

Casper Withdrawal Delay: 16 minutes — When a Minipool has been logged out, it must wait an additional delay before it receives its deposit back from the Casper contract. On the live Casper, this is 4 months!