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SafeStake

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SafeStake

SafeStake is a decentralized staking framework and protocol that maximizes staker rewards by keeping validators secure and online to perform Ethereum Proof-of-Stake consensus (ETH2) duties. It splits a validator key into shares and distributes them over several nodes run by independent operators to achieve high levels of security and fault tolerance. Written in Rust, SafeStake runs on top of the ETH2/consensus client Lighthouse and uses Hotstuff (a BFT consensus library) for consensus.
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SafeStake

DVT

0.000005963
0.00%
24h volume
00
Market cap
$240
FDV
$240
Circulating supply
40331727.67679
Total supply
100000000
Max supply
100000000
Contract address
eth
0x29fa...be75
What is SafeStake?
SafeStake is a decentralized staking infrastructure and protocol designed to maximize staker rewards by ensuring validators remain secure and online to perform Ethereum staking duties. It utilizes Distributed Validator Technology (DVT) to split a validator key into shares, distributing them across multiple nodes to achieve high levels of security and fault tolerance.
How Does SafeStake Work?
SafeStake operates as a non-custodial, trust-minimized infrastructure that functions as a middle layer for secure, decentralized ETH staking. By implementing DVT, it divides validator keys into multiple shares and distributes them among several nodes, enhancing security and reducing the risk of single points of failure.
What Makes SafeStake Unique?
SafeStake stands out due to its use of Rust programming language, which enhances security by preventing memory-related bugs and vulnerabilities. Additionally, it employs the HotStuff consensus protocol, offering superior slashing protection compared to other protocols like iBFT or qBFT. The platform also plans to lower the ETH staking threshold to 8 ETH, promoting greater decentralization and accessibility.
Who Are the Founders of SafeStake?
Specific information about the founders of SafeStake is not readily available in the provided sources.

Latest news

What Key Events Have There Been for SafeStake?
SafeStake has undergone significant developments, including rebranding from ParaState to SafeStake and migrating to a new contract. The project has also conducted funding rounds, raising a total of $25.92 million, with $20.92 million from public sales and $5 million from strategic investments.
Project Announcements
SafeStake has announced plans to lower the Ethereum staking threshold to 8 ETH in its Stage 2 development, aiming to establish a more extensive validator base and enhance network decentralization.

Upcoming events

ICO
SafeStake conducted an Initial Coin Offering (ICO) from January 10 to January 19, 2022, raising $8.20 million at a price of $0.164 per token.

Project announcements

Where to Buy SafeStake?
SafeStake's DVT tokens can be traded on decentralized exchanges, with Uniswap V3 (Ethereum) being the most popular platform. The most active trading pair is DVT/WETH.
SafeStake Price
Daily Trading Volume
As of the latest data, the 24-hour trading volume for DVT is approximately $1.12, indicating relatively low market activity.
All-Time High
The all-time high for DVT was $0.1960 on January 11, 2024, which is significantly higher than the current price.
All-Time Low
The all-time low for DVT was $0.0006813 on July 21, 2025, which is lower than the current price.
Market Cap and Valuation
Market Cap
The current market capitalization of DVT is not specified in the provided sources.
Fully Diluted Valuation
The fully diluted valuation of DVT is approximately $172,397, based on a total supply of 100,000,000 tokens.
SafeStake Price Prediction
While specific price predictions for DVT are not available, factors influencing its price include market sentiment, adoption rates, and developments within the SafeStake ecosystem. It's advisable to consult reputable financial analysts and market research for more detailed insights.

FAQ

What is the Purpose of SafeStake?faq toggle

How Can I Participate in SafeStake's Ecosystem?faq toggle

What Sets SafeStake Apart from Competitors?faq toggle

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What are the Risks Associated with SafeStake?faq toggle

Disclaimer & risk notice: Some content on this page may be AI-assisted or generated and is for general reference only. For the most accurate and up-to-date information, please refer to the project's official website. Bitget Wallet values every partnership. If you find any issues or inaccuracies, contact us at support@bitgetwallet.io — we appreciate your feedback and will continue to improve.