Convert skimming validators to compounding validators
Consolidate validators to increase effective balance and enable auto-compounding
Last updated
Was this helpful?
Consolidate validators to increase effective balance and enable auto-compounding
Last updated
Was this helpful?
A new consolidation feature will let you convert skimming validators to compounding validators and merge them into target compounding validators. These consolidation requests are sent from the execution layer to a special smart contract with fee mechanisms to prevent DDoS attacks. To consolidate validators, you must control the withdrawal credentials of the source validators, and only compounding validators can be targets. There is one exception: when converting a single skimming validator to a compounding validator, you can send a consolidation request using the same validator as both source and target.
You can enable compounding for any of your skimming validators through a consolidation request that uses the same validator as both source and target.
When connected to Kiln Dashboard, navigate to the Ethereum â Reporting page of your account. By hovering over an active Ethereum skimming validator, youâll see the Enable Compounding option appear.
From the Enable Compounding page, you can select multiple skimming validators to enable compounding simultaneously, provided they all share the same withdrawal credentials.
To finalize, connect your wallet holding the withdrawal key and click Enable compounding to initiate the consolidation operations. Once the transaction is signed and broadcast, it will enter the consolidation onâchain queue for execution by the consensus layer.
In Kiln Dashboard, you will be able to merge source skimming or compounding validators into target compounding validators.
After connecting to Kiln Dashboard, go to your accountâs Ethereum â Reporting page. Click Consolidate to access the Consolidation page.
Connect the wallet holding the withdrawal key for the source validators you want to consolidate. Once connected, all validators associated with this withdrawal key will be displayed. Select your source validators and one target validator. You can choose any active compounding validator from your account that Kiln operates as the target.â
Click Consolidate to initiate the consolidation operations. Once the transaction is signed and broadcasted, they will enter the consolidation onâchain queue for execution by the consensus layer.