Validators

How to manage validators within your Squad.

Users can manage validators directly from their Squad. The management of validators includes changing commissions, withdrawing rewards, and changing authorities.

Adding validators

Users can transfer their validator withdraw authority to a Squad.

Validators tab

To transfer validator withdraw authority to a Squad:

1. Go to the "Validators" tab and click the "+ Add Validator" button.

2. Enter the name and validator ID, then click "Next".

Add validator pop-up

1. Set the validator withdraw authority and click "Verify Authority". There are three ways to transfer validator authority to a Squad:

• Copy the address of your Squad and transfer the authority to it

• Insert the path of the actual authority keypair (Absolute path), copy the code, and run it in the CLI tool

• Use SAT (Safe Authority Transfer)

Set withdraw authority pop-up

For users who would want to perform the authority transfer more safely, there is an option to make a Safe Authority Transfer (SAT). SAT creates a transaction in the Squad, which needs to be signed by both Squad's Vault PDA and the current authority holder.

To perform a Safe Authority Transfer (SAT):

1. Add your CLI wallet to the Squad. Check the Settings and Members page for more info on how to add members.

2. Click on the "Create SAT" button.

3. Launch a transaction inside your Squad.

4. Once the transaction meets the confirmation threshold, execute it with your CLI wallet, which you added to your Squad. More on transactions here.

5. After the transaction is executed, the withdraw authority will be transferred to your Squad.

Safe Authority Transfer (SAT) pop-up

Managing validators

Validator pop-up

Changing Commission:

1. Go to the "Validators" tab and select the validator that you want to manage.

2. Click on the "Change commission" button.

3. Enter the new commission percentage and launch the transaction.

4. The validator's commission will be updated upon execution of the transaction.

Withdrawing Rewards:

1. Go to the "Validators" tab and select the validator from which you want to withdraw rewards.

2. Click on the "Withdraw Rewards" button.

3. Click on the "Withdraw" button to launch the transaction.

4. Upon execution, your rewards will appear in your Squad vault.

Changing Authority:

1. Go to the "Validators" tab and select the validator whose authority you want to change.

2. Click on the "Change Authority" button.

3. Enter the new address to which you want to pass the authority.

4. Click on the "Initiate a transaction" button and launch the transaction. The authority will be transferred to the newly assigned address upon execution of the transaction.

Users can also use the Squads CLI tool to withdraw the validator withdraw authority from their Squad.