SafeStake is a decentralized staking framework and protocol that maximizes staker rewards by keeping validators secure and online to perform Ethereum Proof-of-Stake consensus (ETH2) duties. It splits a validator key into shares and distributes them over several nodes run by independent operators to achieve high levels of security and fault tolerance. Written in Rust, SafeStake runs on top of the ETH2/consensus client Lighthouse and uses Hotstuff (a BFT consensus library) for consensus. The referenced thesis.
SafeStake Network Architecture
SafeStake makes earning staking rewards safe and easy for all ETH holders.
Stage 1 - Deposit 32 ETH and choose a group of four operators to manage your validator.
Stage 2 - Deposit 8 ETH as an initializer to participate in running a 'Pooled Validator' and choose three additional operators to manage your validator.
Stage 3 - Deposit ≥ 0.1 ETH but < 32 ETH to participate in running a 'Pooled Validator.' Stake ETH in the SafeStake pool and get sfETH tokens in return. Your share of the pooled validator's rewards will be accrued automatically to your sfETH token balance and are completely liquid, allowing you the freedom to trade, buy, or sell your tokens any time you want.
SafeStake is the first ETH staking pool to implement distributed validator technology (DVT) written in Rust for increased decentralization, security, and reliability.
Test Drive SafeStake
You can join the SafeStake testnet by running a Validator or an Operator Node.
Join the SafeStake Network
Run a SafeStake Validator
In the SafeStake ecosystem, there is no need for stakers to deploy validators as they delegate those duties to operators. A deposit of as little as .01 ETH up to 32 ETH is all a user needs to join the network as a validator. Just connect your wallet and follow the instructions to get started.
Run a SafeStake Operator Node
Please refer to the step-by-step instructions here.
Currently, the SafeStake project is in public testnet stage. In addition, the smart contracts have been reviewed by the Nethermind Team and fulfilled audit by PeckShield. Please check the detailed audit report. Stay tuned for the Stage1 mainnet launch!