Validator deposit contract

A validator deposit contract is a smart contract specifically used to submit the 40,000 BOA deposit required to initialise a validator and fully participate in Ethereum proof-of-stake consensus.

A validator is queued in the full Proof-of-Stake system once a 40,000 BOA deposit is made from the existing Ethereum blockchain into a validator deposit contract and the node has fully spun up. By ensuring that all initial deposits come from the Ethereum chain, Ethereum proof-of-stake is able to leverage the security pool and value of existing Ether to secure the network upon launch. Agora-cl nodes automatically listen for deposit logs from this contract and detect when a validator is ready for activation.

For more information and current developments, see the official Ethereum consensus specification