How to Manage Validators

Blockdaemon's Validator Tools

Blockdaemon's validator tools help you manage your Ethereum validators effectively post-Pectra. You can convert, consolidate, top up, withdraw, and exit your validators directly from the dashboard.

Prerequisite

Connect your wallet to display your validators in Compounding and Non-Compounding tables.

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Convert Validators

Convert a non-compounding validator (0x01) into a compounding one (0x02) to unlock advanced features like top-up and consolidation.

Note

  1. From the Non-Compounding table, select Manage Validators and click Convert.

  2. Validators shown are only active ones. Choose the validator you want to convert.

  3. Review the validator details and check the estimated conversion fees. Confirm by selecting Sign Transaction.

  4. Sign the transaction in your wallet to start the conversion process.

  5. Wait for the conversion to complete. The validator will appear in the Compounding table with a Converting status. Processing times depend on the network and may take up to 2 days.

Consolidate Validators

Merge one validator's balance into another compounding validator for simpler management and optimized rewards.

Note

  1. From the Compounding table, select Manage Validators and click Consolidate.

  2. Select a source validator to consolidate.

  3. Select a target validator and continue to the Review page. You’ll see the estimated total balance after consolidation.

  4. Review the consolidation details and click Sign Transaction.

  5. Sign the consolidation transaction in your wallet.

  6. Once submitted, the consolidation request is processed.

  7. When the signature is confirmed on-chain, the source validator will show a Consolidating status in the table, indicating that the merge is underway.

  8. When consolidation is fully processed, the source validator will be removed from the table, and the target validator’s balance will reflect the merged amount.

Top Up

Add more ETH to a compounding validator to improve performance and maximize staking rewards.

Note

  1. From the Compounding table, select Manage Validators and click Top Up.

  2. Choose the validator you want to top up.

  3. Enter the top-up amount.

  4. Review the transaction details and select "Top Up".

  5. Sign the transaction in your wallet and wait for confirmation. Please note that the activation depends on Ethereum’s validator activation queue, which affects the top-up.

  6. After confirmation, the validator’s balance will be updated accordingly.

Withdraw Funds

Withdraw available rewards or balance above 32 ETH of compounding validators.

Note

  1. From the Compounding table, select Manage Validators and click Withdraw Funds.

  2. Select a validator with available rewards.

  3. Enter the amount you want to partially withdraw. Make sure the amount leaves the validator with at least 32 ETH remaining after withdrawal.

  4. Review and continue to withdraw.

  5. Confirm the transaction in your wallet to complete the process. Please note that it might take some time based on the queue.

  6. Once the withdrawal is processed on-chain, your rewards will be reflected in your wallet.

Exit Validator (Full Withdrawal)

Full exit functionality is currently in development and will be released in an upcoming update.

Need Help?

Contact us through email or our support page for any issues, bugs, or assistance you may need.

Updated about 2 months ago.