Yoroi staking rewards withdrawl

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Yoroi staking rewards withdrawl

Hey everyone I have a quick question.

I have ada staked on Yoroi via ledger and wanted to withdrawl rewards now for the first time.
When I click on withdrawl it says the Stake Pool name, the Stake Pool ID and the withdrawl adress.
I have noticed that the withdrawl adress is not the adress of my ledger device and now I am a bit confused.
Shouldn’t the stake rewards go to my ledger when I withdraw them?
Thanks for the help!

Lakshitha Kumara Answered question September 9, 2024
0

The withdrawal address will just be a new public address for your wallet. Cardano used the (e)UTxO accounting model and there can be many receiving addresses for your wallet.

Search both the addressss on a blockchain explorer like cardanoscan.io, you will see they both tie back to your wallet as they’ll both refer to the same stake key.

Make sure you’re not withdrawing rewards unnecessary. You only need to withdraw if you want to spend them as they are already included in your total stake.

Lakshitha Kumara Answered question September 9, 2024
0