How is Stader secure?

Stader is a secure liquid staking solution for the following reasons

1. Continuous review and testing of all code.

2. Regular audits of smart contract

3. Use of Multi-sig accounts for changing smart contract parameters

4. An open bug bounty program with Immunefi to highlight bugs in the contract or Dapp with a max bounty of $1,000,000. Check the program here.

What are the risks of staking with Stader?

There exist a number of potential risks when staking BNB using liquid staking protocols.

Smart contract security: Although the Stader code is thoroughly vetted and audited there exists a possibility of malicious users exploiting a vulnerability or a bug in the contract or the BNB platform

Wallet and downstream apps: Wallets and third party apps may have to be used to access staking, users should evaluate the security of the wallets and other third party apps independently, Stader does not hold any responsibility for the security of the wallets or third party applications used in staking.

The Stader team along with The BNB Chain team are committed to delivering the best and more secure staking experience for users.

Does Stader have smart contract audits?

The BNB smart contracts developed by Stader have been audited by Halborn and PeckShield. You can find the audit reports below:

Halborn Audit Report

PeckShield Audit Report

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