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Compute Providers Guide

Compute providers (CPs) in Swan play a critical role in network growth. CPs can onboard:

  1. Existing Nodes: Register an agent contract to manage their existing nodes and request delegation.

  2. New Nodes: Request delegation for a new node by specifying the amount needed and providing the required initial deposit.

Guide for Compute Providers​

1. Onboarding​

  1. Input Address: Input the CP account address in the search bar.
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  1. Create Agent Contract: Use the "Create" button to generate an Agent contract.

  2. View Agent Contract: Click the "View" button to find the Agent contract address. Transfer ownership to the Agent contract to activate it.

  3. Confirm Activation: After transferring ownership, click "Confirm". The system verifies and activates the Agent.

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2. Manage Agent​

  1. View Delegation Limit: Check your maximum delegation capacity based on your collateral value.

  2. Request Delegation: Specify the amount you need.

  3. Return Delegation: Return delegated amounts at any time to reduce rate accrual.

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3. Bootstrap Process​

  1. Initial Deposit: Provide the required initial deposit (e.g., 20% of total node value).

  2. Delegation Request: Request delegation for the remaining amount needed (e.g., up to 80%).

  3. Node Activation:

    • Combined funds (deposit + delegated) are deployed to activate the node
    • Bootstrap value is tracked on-chain
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4. Monitoring and Management​

  1. Utilization Tracking:

    • Monitor your current delegated amount
    • Track miner rates based on pool utilization
    • View collateral value and safety metrics

  2. Risk Management:

    • Keep delegated amount below liquidation threshold
    • Monitor and maintain healthy collateral ratios
    • Return delegation or adjust position based on network conditions