vNode Withdrawals

[JG20]

@Support - When I click withdrawal on my vnodes that have earned, I get an error. So I have to transfer PRV to the wallet of that node, and then the withdrawal will work. Any ideas?

[Jared]

This is correct. I have already confirmed with support about this. Withdrawing node rewards now requires fees to be paid for the network transaction (micro cents for each fee). If your node account has no PRV you will need to put some in it prior to withdraw.

Going forward it is advised you keep a small amount of PRV in each node account (ie. 0.001 PRV)

[abduraman]

This type of transactions were free but after Privacy v2 update, it also requires transaction fee.

Here this is before Privacy v2:

https://incscan.io/tx/57db64f2381428d6bf58edb9e3e0823be72c23fd10678b606807b71f1c6e9d17 (zero fee)

This is after Privacy v2:

https://incscan.io/tx/4aa818e73d62f9090f5e60b72694e55559a59ab5168a1796a8efe07f917396c3 (it has fee)

[abduraman]

@Jared

Going forward it is advised you keep a small amount of PRV in each node account (ie. 0.001 PRV)

Or you may follow this and need to have some PRV in only one account.

Tired of transferring your rewards from multiple validators' accounts to a single account?

If yes , here is the solution. The procedure below cannot be applied to the existing staked accounts. Owners of those accounts should unstake them first. Others mustn’t apply Step 6 of How to host a Virtual Node. The staking will be performed via the procedure below, not the wallet apps. So please do not use the wallet apps for staking. Install python3 into your VPS if not installed. Clone git repository of my Python API by running git clone https://github.com/abduramann/in…

[JG20]

@abduraman @Jared - Thanks for the replies. Why not just have a transaction automatically created when the withdraw button is pressed that deducts the fee from the withdraw.

[Jared]

In order to process a transaction like this you would need PRV to cover the fee of that transaction.