How to Withdraw Validator Commission

This guide explains how to withdraw your validator commission on BounceBit. Execute the following script on your validator machine, assuming your data directory is /data/bouncebit.

Prerequisites:

• bbcored is installed (assumed location: /usr/local/bin/bbcored).

• You have access to your validator's keyring.

Withdrawal Script:

#!/bin/bash

bbc="/usr/local/bin/bbcored --home=/data/bouncebit"

moniker=$($bbc status | jq -r '.NodeInfo.moniker' | sed 's/\n//')

opaddr=$($bbc query staking validators --output json | jq -r ".validators[] | select(.description.moniker == \"$moniker\") | .operator_address")

keys=$($bbc keys list --output json)

oper=$(echo "$keys"|jq -r '.[0].name')

rwaddr=$(echo "$keys"|jq -r '.[0].address')

cmd="bbc tx distribution withdraw-rewards $opaddr --from $oper --fees 2000000000000000bit --commission --yes --output json|jq"

echo "Moniker: $moniker"
echo "Operator Address: $opaddr"
echo "Reward Address: $rwaddr"
echo "Key Name: $oper"
echo "Command to execute: $cmd"
eval "$cmd"

Key Points:

• Execution: Run this script on your validator server.

• Keyring: You will be prompted for your keyring password twice during execution.

• Reward Address: Rewards will be sent to your validator's operator address ($opaddr).

• Key Selection: The script uses the first key in your keyring. Ensure this is the correct key.

• Commission Flag: The --commission flag is essential for withdrawing validator commission.

Please execute this script to withdraw your commission. Contact us if you have any questions.