💸Withdrawals

General things you should know

chevron-rightCan I withdraw my deposits at any time?hashtag

Yes you can. Normally, if you want to withdraw your ETH from a validator, you must wait for the Ethereum protocol to allow it out (there is a queue that you can check herearrow-up-right). With our protocol, we are able to manage withdrawals instantly thanks to the Liquidity Ratio, with certain volume limitations.

If we have our own funds available in the “Distribution wallet”, we simply take your staking position in the validator and return your liquid ethers. If there are not enough funds in the Distribution Wallet, then a validator will be exited. Once the funds staked at the validator are received, they will be sent to depositors who have a deposit pending return. This process can take as long as the network needs to return funds staked to a validator.

chevron-rightIs there a fee for withdrawing my deposits?hashtag

Only the cost of the on-chain transaction that exists at that time is deducted from the total deposit to be returned. The commission varies depending on network congestion, although it is normally between 0.0005 - 0.005 eth.

chevron-rightHow long does it take to receive my funds back?hashtag

With our protocol, we are able to manage withdrawals instantly thanks to the Liquidity Ratio and the "Distribution Wallet" system. In short, if we have our own funds available in the “Distribution Wallet”, we simply take your position in the node and return the liquid ETH to you. If there are not enough funds in the Distribution Wallet, then a validator will be closed. Once the funds staked at that validator are received, they will be sent to the depositors. This process can take as long as the network needs to return funds staked to a validator.

chevron-rightWhat address are my funds sent to?hashtag

Your funds will be sent to the same address where you receive distribution rewards. This address cannot be changed for security reasons. If you have problems with this address, please contact us.

chevron-rightWhat happens to my accumulated rewards when I withdraw a deposit?hashtag

In that case, both the pending rewards to be distributed and the deposit itself will be sent in a single transaction to your outgoing address. If you have any other questions or need help, do not hesitate to contact us.

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