Native EigenLayer Withdraw Flow
This page describes how you can withdraw your CL rewards or exit your validators from your EigenPod.
In order to withdraw, you will need to whitelist the following smart contracts:
EigenPod Manager: used to create your EigenPod
Mainnet address: 0x91E677b07F7AF907ec9a428aafA9fc14a0d3A338
Holesky address: 0x30770d7E3e71112d7A6b7259542D1f680a70e315
EigenLayer Delayed Withdrawal Router: Smart contract to withdraw rewards
Mainnet address: 0x7Fe7E9CC0F274d2435AD5d56D5fa73E47F6A23D8
Holesky address: 0x642c646053eaf2254f088e9019ACD73d9AE0FA32
This contracts should be whitelisted alongside the staking and exiting contract for native staking in our dashboard that can be found here
Overview
On EigenLayer, your CL rewards and exited validators get skimmed on your EigenPod.
Withdraw CL rewards: Consensus layer rewards of your validator are automatically skimmed every ~8 days by the protocol to the withdrawal address set on the validator, which is set to your EigenPod. To withdraw these rewards you need to perform 2 transactions:
The first transaction requires you to upload one proof per validator. If you have more than 80 validators, you may need to sign multiple transactions, as each proof transaction can contain a maximum of 80 validator proofs. Once the transaction(s) are confirmed on chain the proven amount will be placed in a withdraw queue for 7 days. Note that this withdraw queue is implemented by the EigenLayer contracts and distinct from the Beacon Chain validator queues.
After the queuing period of 7 days, the equivalent amount of ETH will be available to withdraw.
Withdraw Exited Validators: First, you will need to exit it from the Beacon Chain. After the Beacon Chain has processed the exit, your 32 ETH collateral gets sent to your EigenPod. This is also a skimming cycle, so you need to submit the same proofs as for the rewards and then wait 7 days as described in step 1.1. Once this is done, you will be able to withdraw your stake in one transaction.
About the proofs
We saw in several of the above steps that proofs needed to be submitted to the EigenLayer smart contracts - when restaking a new validator, and when skimming consensus layer rewards. What are these proofs and why are they needed?
In short, these proofs enable the EigenPod contracts to confirm that the ETH that comes into them is indeed linked to the consensus-layer activity of the corresponding validator, and not ETH that may have been sent to the EigenPod from another source. The proofs are generated off-chain using Consensus-layer data, and submitted to the EigenLayer smart contract which performs a cryptographic verification using Merkle Trees.
Withdraw ETH from your EigenPod
Make sure your validators are restaked before you request the exit or try to withdraw CL rewards. Not restaking your validators could place your EigenPod in a state where he generates rewards but it's complex to exit, contact our support team if you need help.
1 - Exit your ETH validator, this can be done from Kiln Dashboard
To unstake your restaked validator, please follow the usual flow described here (i.e either Kiln Dashboard or pre-signed exit messages)
Once your validator has exited, the funds will go to your EigenPod. You will see this amount in the dashboard under total available balance and see the breakdown for each EigenPod in the table bellow.
This balance is composed of CL rewards and exited validators.
2 - Request withdraw from your available balance
If you are using Fireblocks, you will need to whitelist your EigenPod address and the DelayedWithdrawalRouter address. Get in touch with the Kiln team if you need help on this.
Hover your EigenPod, and click "Request withdraw"
This flow will allow you to withdraw generated CL rewards or exited validators by automatically generating the right transaction to create the request withdraw, you can click on request withdraw and see the amount requested in each transaction incrementing in the withdraw requested section.
After your performed this operations, you will be able to see the amount queued in the key metric "withdraw balance", under pending.
This flow can take a couple of transaction to complete depending on the number of validator that point to the EigenPod.
3 - Fulfill withdraw
After the 7-day escrow period, you will be able to see an amount of ETH ready in the withdraw balances. Hover your EigenPod, and click "Withdraw" to continue.
This will open the withdrawals modal, where you can see the amount available to withdraw and the amount pending. You can over the bottom section of the modal to have the details on when your request is estimated to be ready and the amount associated with it.
Click "Withdraw" to receive the displayed amount on your wallet.
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