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Staking Facilitiesstakingfacilities.com

Overall Evaluation

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Questions + Answers

Staking Facilities was provided an initial questionnaire by the EDDC to provide further insights into how Staking Facilities works and to evaluate their safety as a Staking Pool Service. Please see below for the EDDC questions and Staking Facilities answers.

  • 5

    PASS

    5

    WARNINGS

    0

    ISSUES

    0

    SLASHINGS

Munich, Germany

Since we are in the process of relaunching our website, we will soon have updated terms and conditions of our services on the new website. these have been worked out with our lawyers from CMS. So we are very confident that we are adhering to the rules & regulations.

We hold the validator keys, not the withdrawal keys. These are set to a multisig address created in a DKG ceremony last year. Florian from Staking Facilities is one of the signers.

Lido is trying to cover insurance via its' treasury.

We were founded on 2017 and are a validator & node operator on serveral networks, (e.g. Tezos, Cosmos, Solana, Polkadot, Kusama, Edgeware, ...). We have been an active validator and node operator in several PoS networks such as Tezos, Cosmos, Polkadot, Kusama, Edgeware, and Solana. We are also an oracle in the Link network and run nodes for Dock, Thorchain, and soon, Serum.

We also built several tools such as:

Graphlets: https://graphlets.io/

Solanabeach: https://www.solanabeach.io/

Staking Wizard: https://stakingwizard.com/

Staking Dashboard: https://stakingfacilities.com/dashboard?addresses=KT1VJXPUffYwFaW5qBcqxJ3Pudb5JMaoDe5v:tezos,cosmos16d9yc0mqah5ajxfur2r8fufku9kaarys2g3qx2:cosmos

Wolfgang Albrecht (Co-Founder; CEO), Bachelors Media Informatics; Former: Frontend Dev (Though of You GmbH)

Julius Schmidt (Co-Founder; CFO), Bachelors European Studies; Chair PoS Working Group European Blockchain Assciation; Former: Trainee (interTee GmbH)

Florian Liss ((Co-Founder; CTO), Masters Information Systems; Former: Entrepreneurial Projects

Gary Morris (Infrastructure Lead), Bachelors Computer Network Technology; Former: System Administrator (tynet); Core Team (Blocknet)

Louis Bauer (Business Development), Bachelors Technology & Management; Former: Web Dev (Bits & Pretzels); Head of Business (TUM Hyperloop)

Robert Dörzbach (Marketing & Communications), Masters Consumer Affairs; Former: Buis Dev & Innovation Analyst (Creative Dock); Partnermanagement (Audi Business Innovation)

Jeff Madgett (Blockchain Node Engineer), Bachelors Financial Mathematics; Former: OSP Systems & Customer Solutions Engineer + Integration Strategy & Support (Blocknet)

Lars Frölich (Software Engineer; working student), Bachelors Computer Science

We are currently not using SC (might change with something like Lido).

Our core infrastructure is deployed at Tier 3+ data centers. We use a combination of different security measures in combination with state-of-the-art monitoring to ensure high availability and security. Protecting our customer’s funds against slashing is our highest priority.

Staking Facilities is bootstrapped and self-funded

10% (5% go into the treasury; 5% to node operators)

Key Takeaways

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Strengths
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Improvement Areas
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Changed
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