Is liquid staking secure?
Liquid staking carries security risks such as smart contract vulnerabilities, market volatility, and technical and protocol risks. Before participating, users should conduct thorough research, understand the risks, and review security audits to ensure a safe staking experience. A reliable staking provider should implement proactive security measures, including on-chain monitoring, to safeguard your digital assets. For instance, at Stader, we prioritize the safety and security of your liquid staking tokens by implementing comprehensive measures such as security best practices and multisignature (multisigs) systems. We have undergone rigorous audits by premier security firms, including Sigma Prime, Halborn, Peckshield, Code4rena, Ottersec, and Certik. Additionally, we have established on-chain monitoring with Forta and have orchestrated a bug-bounty program in partnership with Immunefi. Furthermore, we have maintained the security of multiple liquid tokens, which have been live for over 18 months, reinforcing our commitment to robust protection.