Managing Your Bidder Deposit

To Check Your Deposit Allowance:

> curl localhost:13523/v1/bidder/get_allowance | jq
{
  "amount": "0"
}

Funding Your Node Account: First, retrieve the Ethereum account address of your node:

> curl localhost:13523/topology | jq
{
  "self": {
    "Addresses": [
      "/ip4/127.0.0.1/tcp/13522",
      "/ip4/172.29.0.4/tcp/13522"
    ],
    "Ethereum Address": "0xB9286CB4782E43A202BfD426AbB72c8cb34f886c",
    "Peer Type": "bidder",
    "Underlay": "16Uiu2HAmDWZb4DxZQkS9yseXNukBFe6MhZdimSKuZcHFeJrF3jC9"
  },
  "connected_peers": {
    "providers": [
      "0x48ddc642514370bdafad81c91e23759b0302c915",
      "0x972eb4fc3c457da4c957306be7fa1976bb8f39a6",
      "0xa1e8fdb3bb6a0db7aa5db49a3512b01671686dcb"
    ]
  },
  "blocked_peers": null
}

To add funds to your account on the mev-commit chain, you may use the testnet faucet.

• Checking Minimum Deposit Allowance:

Providers will only accept bids from bidders with funds exceeding the minimum allowance. The amount is in wei. To check this amount:

> curl localhost:13523/v1/bidder/get_min_allowance | jq
{
  "amount": "1000000000000000000"
}

• Adding to Your Deposit Allowance:

To increase your deposit allowance, use the following command, specifying the desired amount:

> curl -X POST localhost/v1/bidder/prepay/YOUR_AMOUNT | jq

After successfully adding to your allowance, you are ready to send bids and receive preconfirmations on the network.

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