diff --git a/kroma-validator/cmd/README.md b/kroma-validator/cmd/README.md
index 4d8f5b2fa..969a5cc4d 100644
--- a/kroma-validator/cmd/README.md
+++ b/kroma-validator/cmd/README.md
@@ -21,46 +21,12 @@ kroma-validator [command] --help
 
 ## Commands
 
-### Commands for Validator System V1
-
-The following commands are available in Validator System V1. Note that these commands will be **deprecated** and
-removed in the future after the new validator system is introduced. You can still use `withdraw` and `unbond` even
-after the transition to the Validator System V2.
-
-- `deposit` - Deposit ETH to `ValidatorPool`.
-  - `--amount [value]` - _(Required)_ The amount of ETH to deposit (in Wei).
-
-  ```bash
-  kroma-validator deposit --amount 100000000
-  ```
-
-- `withdraw` - Withdraw ETH from `ValidatorPool`.
-  - `--amount [value]` - _(Required)_ The amount of ETH to withdraw (in Wei).
-
-  ```bash
-  kroma-validator withdraw --amount 100000000
-  ```
-
-- `withdrawTo` - Withdraw ETH from `ValidatorPool` to specific address.
-  - `--address` - _(Required)_ The address to receive withdrawn ETH.
-  - `--amount [value]` - _(Required)_ The amount of ETH to withdraw (in Wei).
-
-  ```bash
-  kroma-validator withdrawTo --address 0x0000000000000000000000000000000000000001 --amount 100000000
-  ```
-
-- `unbond` - Manually unbond the bonded ETH from `ValidatorPool` (including reward distribution).
-
-  ```bash
-  kroma-validator unbond
-  ```
-
-### Commands for Validator System V2 (_EXPERIMENTAL_)
+### Commands for Validator System V2
 
 The following commands are available in Validator System V2:
 
 - `register` - Register as new validator to `ValidatorManager`.
-  - `--amount [value]` - _(Required)_ The amount of tokens to delegate initially (in Wei).
+  - `--amount [value]` - _(Required)_ The amount of tokens to deposit initially (in Wei).
   - `--commission-rate [value]` - _(Required)_ The initial commission rate of the validator (in %).
   - `--withdraw-account [value]` - _(Required)_ The address to withdraw deposited asset token.
 
@@ -80,50 +46,60 @@ The following commands are available in Validator System V2:
   kroma-validator unjail
   ```
 
-- `changeCommissionRate init` - Initiate the commission rate change of the validator in `ValidatorManager`.
+- `changeCommission init` - Initiate the commission rate change of the validator in `ValidatorManager`.
   - `--commission-rate [value]` - _(Required)_ The new commission rate of the validator (in %).
 
   ```bash
-  kroma-validator changeCommissionRate init --commission-rate 5
+  kroma-validator changeCommission init --commission-rate 5
   ```
 
-- `changeCommissionRate finalize` - Finalize the commission rate change of the validator in `ValidatorManager`.
+- `changeCommission finalize` - Finalize the commission rate change of the validator in `ValidatorManager`.
 
   ```bash
-  kroma-validator changeCommissionRate finalize
+  kroma-validator changeCommission finalize
   ```
 
-- `delegate` - Self-delegate asset tokens to the `AssetManager`.
-  - `--amount [value]` - _(Required)_ The amount of tokens to delegate (in Wei).
+- `depositKro` - Deposit asset tokens to the `AssetManager`.
+  - `--amount [value]` - _(Required)_ The amount of tokens to deposit (in Wei).
 
   ```bash
-  kroma-validator delegate --amount 100000000
+  kroma-validator depositKro --amount 100000000
   ```
 
-- `undelegate init` - Initiate the undelegation of asset tokens from the `AssetManager`.
-  - `--amount [value]` - _(Required)_ The amount of tokens to undelegate (in Wei).
+Note that withdraw of the deposited asset and reward must be done with the withdraw account that was set during the
+registration. Please make sure that you must keep the private key of the withdraw account safe, since it cannot be
+modified after the registration.
+
+### Commands for Validator System V1 (_DEPRECATED_)
+
+The following commands are available in Validator System V1. Note that these commands are **deprecated** and
+will be removed since the new validator system is introduced. You can still use `withdraw` and `unbond` to withdraw
+and unbond your ETH from the old `ValidatorPool`.
+
+- `deposit` - Deposit ETH to `ValidatorPool`.
+  - `--amount [value]` - _(Required)_ The amount of ETH to deposit (in Wei).
 
   ```bash
-  kroma-validator undelegate init --amount 100000000
+  kroma-validator deposit --amount 100000000
   ```
 
-- `undelegate finalize` - Finalize the undelegations of asset tokens from the `AssetManager`.
-  Should be called after 1 week has passed from the `undelegate init` command.
+- `withdraw` - Withdraw ETH from `ValidatorPool`.
+  - `--amount [value]` - _(Required)_ The amount of ETH to withdraw (in Wei).
 
   ```bash
-  kroma-validator undelegate finalize
+  kroma-validator withdraw --amount 100000000
   ```
 
-- `claim init` - Initiate the claim of validator reward from the `AssetManager`.
-  - `--amount [value]` - _(Required)_ The amount of tokens to claim (in Wei).
+- `withdrawTo` - Withdraw ETH from `ValidatorPool` to specific address.
+  - `--address` - _(Required)_ The address to receive withdrawn ETH.
+  - `--amount [value]` - _(Required)_ The amount of ETH to withdraw (in Wei).
 
   ```bash
-  kroma-validator claim init --amount 100000000
+  kroma-validator withdrawTo --address 0x0000000000000000000000000000000000000001 --amount 100000000
   ```
 
-- `claim finalize` - Finalize the claim of validator reward from the `AssetManager`. Should be called after 1 week
-  has passed from the `claim init` command.
+- `unbond` - Manually unbond the bonded ETH from `ValidatorPool` (including reward distribution).
 
   ```bash
-  kroma-validator claim finalize
+  kroma-validator unbond
   ```