FAQs about Withdrawals for Solo Staking
  • Withdrawals FAQs for Solo Staking
    • What is Solo Staking?
    • What are withdrawals?
    • What types of withdrawals exist?
    • What are the 0x00 and 0x01 withdrawal key prefixes?
    • Can my Consensus Layer withdrawal address and my Execution layer reward address be the same?
    • When do I get my Consensus layer rewards and when do I get my Execution layer rewards?
    • Where do I get my Consensus layer rewards, and where do I get my Execution layer rewards?
    • How do I check my withdrawal credentials?
    • How do I convert the 0x00 prefix to 0x01?
    • Can I revert back or change the Consensus layer withdrawal address once it has been set?
    • How many days does it take to complete a withdrawal of my node (Unstaking)?
    • Do Partial withdrawals happen automatically?
    • Do full withdrawals happen automatically?
    • What is the process to initiate partial withdrawal?
    • Where does the automatic withdrawal balance go?
    • References
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  1. Withdrawals FAQs for Solo Staking

Can I revert back or change the Consensus layer withdrawal address once it has been set?

No. The migration from 0x00 to 0x01 is something you can do only once, and this new address you choose becomes the place where your consensus layer staking returns go to. When you want to stop staking, this is where your 32 ETH is returned to.

It is therefore extremely important that when you change this address, you make sure it is a correct address, which you have access to, and the address and wallet has the requisite level of security around it. Once you have set this address for your nodes, the address cannot be changed.

At Launchnodes, we can help you with this migration. If you choose to do it yourself, please do so carefully. If you lose access to this address you will lose access to your 32 ETH and your staking returns.

As a solo staker, you can change the address for your Execution layer returns at any point.

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Last updated 2 years ago