Everstake Completes Trail of Bits Audit, Enhances 0.1+ ETH Staking Solution

Everstake, a prominent global non-custodial staking provider, has successfully completed an independent audit of its 0.1+ ETH Staking Solution by Trail of bits. This audit is a significant milestone for the company, as it underscores its commitment to transparency and excellence in the staking industry. The audit focused on several smart contracts within Everstake’s Ethereum staking protocol, evaluating aspects such as authentication, access controls, documentation, and transaction security. While Trail of Bits identified areas for improvement, Everstake has addressed the majority of the findings, including updating its documentation to ensure a secure and accessible staking experience for all users.

Traditionally, staking requires a minimum of 32 ETH, which can be a barrier for many potential participants. Everstake has lowered this barrier by allowing users to stake with as little as 0.1 ETH, making staking more accessible to a broader audience. This innovation is particularly important as Everstake’s protocol is integrated into Wallet SDK, an open-source toolkit that enables easy staking integration for wallets. Industry leaders such as Trezor rely on this technology to provide secure and user-friendly staking experiences for their users.

Matěj Žák, CEO at Trezor, emphasized the importance of security in staking, stating that the recent audit by Trail of Bits confirmed that Everstake’s staking infrastructure meets high-security standards. This partnership reinforces Trezor’s commitment to making staking both secure and accessible within Trezor Suite. Bohdan Opryshko, co-founder and COO at Everstake, echoed this sentiment, highlighting the company’s dedication to maintaining a secure platform for its users and contributing to setting higher standards in the staking ecosystem.

The full report of the audit is available on Trail of Bits’ GitHub, providing transparency and assurance to users and partners. Trail of Bits, founded in 2012, is known for its expertise in security and has helped secure some of the world’s most targeted organizations and devices. The company’s combination of novel research with practical solutions reduces the security risks that clients face from emerging technologies, driving the security industry forward.

Everstake, founded in 2018 by blockchain engineers, operates across 85+ networks with 735,000+ delegators, delivering institutional-grade infrastructure with 99.9% uptime. The company ensures top-tier security and compliance with SOC 2 and has completed a 3-week Trail of Bits audit of its Ethereum staking protocol. Through strategic partnerships with industry leaders, Everstake strengthens the staking ecosystem and provides whitelabel staking solutions, enabling businesses to easily integrate staking into their platforms. Everstake is a software platform that provides infrastructure tools and resources for users but does not offer investment advice or investment opportunities, manage funds, facilitate collective investment schemes, provide financial services or take custody of, or otherwise hold or manage, customer assets. Everstake does not conduct any independent diligence on or substantive review of any blockchain asset, digital currency, cryptocurrency or associated funds. Everstake’s provision of technology services allowing a user to stake digital assets is not an endorsement or a recommendation of any digital assets by it. Users are fully and solely responsible for evaluating whether to stake digital assets.