1) Identification
Everstake is an institutional validator operating 40k+ validators across 80+ networks, serving 1.6M+ addresses with $7B+ staked and 99.98% uptime. We request admission as stVault Professional Operator (Tier-1) and intend to apply for Professional Trusted after ≥3 months of successful operations.
Why Everstake:
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Ready distribution. Wallet, custodian, exchange and AM channels we already serve can route deposits to stVaults at GA.
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Proven ops & decentralization. Multi-geo, multi-provider footprint; disciplined rollouts, 24/7 monitoring, client diversity.
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Safety-first controls. Clear RBAC (Everstake = Owner; any wrapper = FUND/MINT/REPAY only), PDG bond separate from slashing; Everstake as default Depositor & Guarantor.
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Institutional UX. Native Mint/Repay with capacity-aware throttling/queue; policy-capped secondary-market fallback; MPC + ERC-4626 rails and reporting.
2) Business case
Distribution we can activate on day one
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Channels: existing integrations across wallets, custodians, exchanges, and asset managers (B2B and B2C). Public logos include Exodus, BitGo, Anchorage Digital, Copper, Safe, MetaMask and others.
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Audience size: 1.6M+ unique addresses and large institutional cohorts already staking with Everstake.
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Coverage: infra in 10+ countries and 420+ servers with enterprise SLAs to serve regulated clients.
What we will offer
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Rails:
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MPC — isolation accounts, role-based approvals, reporting/exports aligned with audit needs.
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Wrapper — ERC-4626 flows via SDKs and direct on-chain access.
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Tracks:
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A0 (Vanilla): staking-only with Mint/Repay liquidity.
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A1 (Looping): policy-gated leverage track operated by an approved strategy wrapper; instant deleveraging playbook; conservative venue allowlist.
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(A2 sleeves reserved for future iterations.)
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Capacity & headroom ask (Professional Tier-1)
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Ask: admit at Tier-1 within the Professional track; reserve-ratio, mint cap and validator tiers per committee policy.
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Utilization: we expect rapid take-up via wallet & custodian channels + institutional allocators; we will publish weekly usage telemetry and PDG cadence to support staged tier increases.
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Sourcing profile: mix of institutional tickets and retail wallet flow
3) Operations & decentralization
Infra & rollout discipline
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EL clients: Geth (primary) with Besu/Nethermind/Reth as secondaries; staged rollouts.
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CL clients: Lighthouse/Teku/Prysm mix; canary cohorts → batch waves with rollback SOP.
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DVT posture: 3× SSV Stader clusters (~1,300 active keys), 1× SSV Lido cluster (~80 keys), 2× LidoObol clusters (~160 keys).
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Remote signing & slashing-protection: Web3Signer + external slashing-protection DB; no keys on validator hosts.
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Change management: GitOps / IaC, PR reviews, maintenance windows; canaries then phased rollout with rollback playbooks.
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Monitoring & alerting: Prometheus/Grafana; liveness, attestation, block status (proposed/missed/slashing) and MEV health checks; relay bid monitoring; Grafana/Zabbix alerts.
Infra footprint
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BM/Cloud mix: ~50/50 with validator/signer isolation.
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Orchestration/IaC: Ansible / Terraform
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Network hardening: VPC + segmented subnets, firewalls.
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HA/DR: Tested failover playbook; RTO ≈ 20 minutes.
Geo / jurisdiction
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Core regions: Germany (3 zones), Netherlands.
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Independent providers: Worldstream, Leaseweb, Cherry, OVH, GCP, Linode, Givemecloud.
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Data residency: KMS in GCP multiregion.
MEV posture
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Relay allowlist & neutrality: Per Lido Relay Maintenance Committee list (non-censoring / resilience-first).
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Fallback: Local block-building enabled for proposer availability.
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Monitoring & failover: Relay health checks, auto-failover thresholds, bid monitoring, and alerting via Grafana/Zabbix.
4) Security & assurance
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Key management: Remote signer (Web3Signer) with keys in KMS/Safe; no keys on validator hosts. Signer runs on isolated VPC/subnet with allowlisted callers. Least-privilege access; PDG/role ops gated. External slashing-protection DB in place.
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Certifications: NIST CSF, SOC 2 Type II, ISO 27001; GDPR compliant
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Audits / pen-tests: periodic external reviews; remediation tracking; vulnerability disclosure policy.