Withdraw Transaction

Withdraw Transaction

A withdraw transaction is used to retrieve the staked coins from an unbonded validator. If the validator is still in the unbond period, the transaction will be rejected. The unbond period is a 21-day interval during which the validator is inactive, but their stake cannot yet be withdrawn.

Payload Structure

The withdraw transaction has a payload consists the following fields:

FieldSize
Sender address21 bytes
Receiver address21 bytes
AmountVariant
  • Sender address is the address of the unbonded validator.
  • Receiver address is the address of the receiver account.
  • Amount is the amount of coins that should be withdrawn
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