Stakely Blog
November 28, 2024

How does Stakely protect my assets?

November 28, 2024

At Stakely, we understand that the security of your assets is essential for your peace of mind. As a company born from the community, our commitment to transparency and the protection of your funds is unwavering.

That’s why we work tirelessly to offer you the best service, powered by advanced and secure technology, slashing insurance, international certifications, and a robust and distributed infrastructure. Our mission? To help you delegate your assets on your favorite blockchains with complete confidence.

5 years of experience and $1.2 Billion in TVL

With five years of experience in the blockchain world and headquartered in Spain, we’ve achieved a total value locked (TVL) of $1.2 billion, positioning ourselves as a leading name in the staking industry.

This success is thanks to a team of early adopters, engineers, and leaders in blockchain community building, who bring extensive experience to the table. Their expertise allows us to innovate and deliver high-quality solutions and services.

Robust and secure infrastructure

At Stakely, our practices are designed to minimize slashing risks and ensure that your assets are always protected.

How do we do it?

  • We operate with multiple server providers across various countries, ensuring that our validators remain operational and secure at all times. Redundancy helps us mitigate risks associated with hardware failures and cyberattacks.
  • We employ continuous monitoring methods (peer review) to detect vulnerabilities and isolate environments in compliance with national and international cybersecurity certifications like SOC 2 Type II audits and the ISO/IEC 27001:2022 certification.
  • We add extra layers of security by implementing multi-factor authentication (2FA) for access services, applying best practices in Linux environments, and enforcing strict control policies.
  • Performance optimization for maximized rewards.

Non-custodial staking: you’re always in control

At Stakely, staking is non-custodial, meaning you retain full control over your assets at all times. Neither Stakely nor any third party can access your funds, ensuring that your delegation is secure and exclusively managed by you.

Slashing insurance

We allocate a portion of our income to a staking insurance fund, enabling us to cover various slashing events and secure your staking. This ensures your assets are protected against:

  • Inactivity: Prolonged inactivity that could result in loss of rewards.
  • Double signing: While our architecture makes this virtually impossible, in the rare event of slashing due to double signing, our insurance will protect you from penalties.
  • Other slashing events: We take responsibility for any slashing caused solely by mismanagement on Stakely’s part.

This program applies to all Stakely validators with a 1% or higher commission, provided the user has delegated with Stakely under this rate for at least 30 days prior to the slashing incident. Full details of our staking insurance are available on our website.

Compliance with international security standards

In addition to ensuring data encryption in line with the General Data Protection Regulation (GDPR), we adhere to the highest international security standards. This allows us to provide secure services to both individual users and enterprises.

SOC 2 Type II audit

The SOC 2 Type II audit is a control evaluation confirming that our infrastructure is designed to withstand threats. It ensures compliance with security, confidentiality, privacy, and transaction data processing integrity principles. This certification provides our clients, especially institutional investors, with the peace of mind that their assets are secure.

ISO/IEC 27001:2022 certification

The ISO 27001:2022 certification, awarded by Prescient Security, professionalizes our staking services and reflects our commitment to quality and procedure. This rigorous international evaluation of information security management systems assesses policies, processes, and risk management, positioning us as a key operator in the institutional staking ecosystem.

AAA Rating as a Verified Staking Provider

Among our most notable achievements, Stakely has received the AAA rating as a Verified Staking Provider, the highest distinction awarded by Staking Rewards. This recognition highlights our excellence in security, reliability, and operational practices, reflecting our ongoing commitment to security, transparency, and service excellence over the years.

At Stakely, security is non-negotiable. We continue refining our practices to offer a safer, more transparent, and accessible staking environment for everyone.

Delegating your assets has never been easier or more secure. Ready to take the next step? Contact us today!

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Author

Fátima Pereira

Summary

5 years of experience and $1.2 Billion in TVL
Robust and secure infrastructure
Non-custodial staking: you’re always in control
Slashing insurance
Compliance with international security standards

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