BNBx Security
How does Stader ensure the security of staked assets?
Stader has implemented robust security measures to safeguard your staked assets. By combining multiple strategies, Stader provides a secure environment for staking, giving users the confidence to invest their assets. Our multi-pronged security approach includes:
Audits by Renowned Firms Our protocol undergoes thorough audits by leading blockchain security firms. These detailed examinations ensure a high level of safety and security. All audit reports are made publicly accessible upon completion, demonstrating our commitment to transparency.
Bug Bounties To further enhance platform security, we have introduced a $250K bug bounty program through Immunefi. This initiative encourages independent security researchers to identify potential vulnerabilities in our systems.
On-Chain Monitoring In addition to audits and the bug bounty program, we have implemented on-chain monitoring via Forta. This proactive monitoring helps us promptly detect and address potential security issues.
Continuous In-House Review and Testing At Stader, the code is rigorously reviewed and tested by an experienced in-house team of engineers. By regularly evaluating and improving code, we minimize potential risks and adapt to the ever-changing blockchain landscape.
Multi-Sig Admin Accounts: Stader employs multi-sig admin accounts to enhance the security of smart contract management. This approach requires multiple trusted parties to approve any significant changes or upgrades to the protocol, reducing the risk of unauthorized access or malicious actions. Multi-sig accounts ensure that critical decisions about smart contract parameters are thoroughly reviewed and agreed upon by a quorum, providing an added layer of governance and protection for user assets.
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