Rewards Management

Rewards are received by a recipient address controlled by the Smart Contract and can be claimed by the validator owner.

For every validator deposited validators in the Onchain Dedicated smart contracts, there is a deterministically generated Ethereum address, controlled by the contract, set as withdrawal credentials of the validator.

This recipient address receives all the Consensus Layer rewards of the validator it is associated to. It also receives the unstaked amount upon exiting the validator.

Only the registered owner of the validator can claim this recipient address' balance.

Rewards management overview (v2) Note that on "v1", EL Rewards are also segregated with one CL recipient per validator

Upon claiming their rewards, validator owners trigger commission dispatching, a process which sends the net rewards to the validator owner address and the remaining value to the different partners involved in the staking offering.