According to him:
“Exiting validators is the responsible step to protect stakers, and we are monitoring the process closely to ensure the security and reliability of our services.”
The firm stated that the staged withdrawal would begin today, Sept. 10, and could take between 10 and 42 days to complete. During that time, rewards will continue to accumulate, though it may take stakers up to nine days to fully access their withdrawn ETH.
Kiln has paused certain services while reinforcing its infrastructure alongside the validator exit. Once its internal review concludes, the company plans to release a post-mortem.
Ernest Oppetit, Co-founder and CPO at Kiln, said:
“We are committed to transparent communication and will continue to provide updates until the exit process is fully complete.”
