Withdrawals
General things you should know
Last updated
General things you should know
Last updated
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 ). 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.
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.
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.