Validator actions when staking Gnosis - what actions can you perform with validator(s)?

Disclaimer

This guide is for informational and education purposes only - accuracy is not guaranteed, see disclaimer.

Wallet upgrade

Wallet type can be found through a Chain explorer. Just find your validator key and check the Withdrawal Address at Deposits tab of your validator keys detail. There are 3 available withdrawal wallet states, recognizable through first 3 letter of the withdrawal credentials:

  • 0x00 - Standard validator with 1 GNO maximum stake - no withdrawal credentials attached to the validator key. This is the default state of the validator key, if no withdrawal wallet was set during key generation
  • 0x01 - Standard validator with 1 GNO maximum stake and withdrawal wallet attached. Staking rewards are distributed automatically to the withdrawal wallet withdrawn based on request.
  • 0x02 - Compounding validator with GNO stake between 1 and 64. Staking rewards are withdrawed based on request.

How to swith wallet state?

There is possible only to upgrade the wallet. Downgroad is not possible.

  • Upgrade from 0x00 to 0x01 can be processed through validator key generation tool.
  • Upgrade from 0x01 to 0x02 can be processed through ... the guide will be updated later, once all tools are tested properly.