Consolidate validators
Since Pectra hardfork all validators are allowed to upgrade their withdrawal address to 0x02 and have up to 2048 ETH on validator balance. Read more about 0x02 and Max Effective balance here.
Consolidation is the process of migrating validator funds from one to another, the final validator has to be 0x02 type to allow >32 ETH on its balance. This process lowers operational costs, while your rewards remain the same. All validators have to have the same withdrawal address to consolidate.
Upgrade to 0x02
- Navigate to the Ethereum Launchpad’s “Validator Actions” section
- Connect your wallet with withdrawal address
- Click on
Upgrade account to compounding
- Wait until the address upgrade is done, you can monitor on beaconcha.in
Consolidate validators
- Available once you have at least one validator with 0x02 withdrawal address.
- Navigate to the Ethereum Launchpad’s “Validator Actions” section
- Connect your wallet with withdrawal address
- Click on
Absorb another validator
- Consolidated validator will fully exited, the other one will receive it's balance
- Wait until the consolidated validator is fully exited, you can monitor on beaconcha.in
Remove exited validators from SSV
Once you're confirmed that consolidated validator is exited, you can proceed with removing it from SSV Network. Follow the Removing a Validator guide to do that.