August Newsletter
We hope you've been enjoying the last days of summer! This fall is expected to be an exciting time for SafeStake as we prepare for a mainnet launch of our stage 1 product.
As always, we're here to keep you in the loop with everything going on, so let's jump right into this edition of our newsletter and bring you up-to-speed on what our team has been busy with, and provide a sneak peek at what’s to come!
Activities and News:
August has been an incredibly busy month for SafeStake. Our team is dedicated to making SafeStake the best it can be and has been working tirelessly to improve the product and raise awareness for the SafeStake brand.
Looking Ahead:
We have some thrilling things planned for the future, including a mainnet product launch in the next 30 - 60 days! The team is excited to continue innovating and introducing new features that will elevate the SafeStake experience. We can't wait to share these exciting developments with you as they unfold in the coming months.
Stay Connected:
Remember, we're always here for you if you have questions, concerns, feedback, or suggestions. Your feedback plays a vital role in shaping the future of SafeStake, so please don't hesitate to reach out to our dedicated support team on Telegram or Discord.
Thank you for being a part of the SafeStake community. We truly appreciate your continued support!
Now, let’s take a look at all the exciting things that happened in August!
The Staking Panel Discussion Series with Industry Experts
To offer our audience an educational yet enjoyable and motivating series, we assembled some of the biggest names and brightest minds in the ETH staking industry. In August, we hosted three engaging panel discussions that guided us on an exciting exploration of the ETH staking landscape, and a fourth session is on the horizon in September.
Session #1 - August 9th:
Embark on an Exciting Journey: Unraveling the World of ETH Staking!
Panel guests included Nixo and Remy Roy from EthStaker) and Adam Campbell from Staking Rewards, and the session was moderated by Derek Rickert from Blockswap Labs. We discussed the power of ETH staking, how to stake ETH effectively, important considerations, and pro tips to maximize your ETH staking experience and rewards.
Missed the session? Catch the recording here.
Session #2 - August 16th:
Beyond Traditional ETH Staking: Dive into the Dynamic World of Liquid Staking, LSDs, LSTs, and Restaking!
Panel guests included Derek Rickert from Blockswap Labs, Seraphim Czecker from Lido, Jordan Sutcliffe from StakeWise, and Claudio Cossio from Meta Pool, and the session was moderated by Chris Isaac from SafeStake. Together, we explored the latest staking constructs revolutionizing the DeFi world and gained valuable insights through open discussion.
Excited to learn more? Check out the recording here.
Session #3 - August 30th:
Journey into the World of Distributed Validator Technology (DVT): Decoding the Power of Ethereum's Next-Gen Staking!
Panel guests included Marko from SSV, Oisin Kyne from Obol, Pablo Villalba from Diva Staking, and Marco Chen from SafeStake, and the session was moderated by Pol Lanski from Dappnode The panel shared insights and experiences as pioneers in the implementation of Distributed Validator Technology (DVT).
Missed the session? Catch the recording here.
Session #4 - Date TBD:
Embark on a Thrilling Journey through Ethereum's Evolution: Unveiling EIPs/Upgrades and Envisioning the Future!
This session was originally intended to be session #3. However, in the interest of exploring all of the options for bringing our audience the most complete panel of experts, we decided to postpone this session to a later date. Please stay tuned to our Telegram, Discord, and X/Twitter channels for updates.
SafeStake at Ethereum Cat Herders Meeting #115
We are excited to share some exciting news from the Ethereum Cat Herders Meeting #115 that took place on August 15, 2023. SafeStake was the highlight of the event, with Chris (ethstak3r on Telegram and Discord) showcasing our game-changing technology.
This presentation demonstrates how SafeStake will transform the staking landscape and redefine the staking experience when it launches on mainnet.
Upcoming SafeStake-sponsored IRL Events
Looking to meet the SafeStake team? Want to take part in some amazing in-person events for professional development and networking?
Check out these upcoming events where SafeStake will have a sponsored presence:
Mainnet Event
September 20 - 22, 2023
New York, NY
Hosted by Messari at Pier 36
SETS THE CRYPTO
CONVERSATION FOR THE YEAR AHEAD
Insider access to the latest twists and turns in the crypto story. From Layer 1 founders building the pipes of tomorrow’s financial system to the lobbyists in the trenches in D.C. and Brussels, Mainnet convenes the brightest minds in crypto who are building things of substance.
Wanna go to Mainnet in NYC?
Now you can SAVE $400 on your ticket with our exclusive discount code!
Just use code SafeStake400 at checkout to save!
You can register with this link
Staking Summit
November 10 - 11, 2023
Istanbul, Turkey
Hosted by Staking Rewards
Proof of Stake Unites.
The era of Proof of Stake has begun following the Ethereum merge. The staking ecosystem comes together to give Proof of Stake a unified voice and discuss where the $110 Billion Dollar industry goes next!
Devconnect IST
November 13 - 19, 2023
Istanbul, Turkey
Hosted by Ethereum Foundation
Meet the builders of Ethereum
Devconnect is a week-long gathering of independent Ethereum events to learn, share, and make progress together.
REMINDER for STATE Token Holders:
Please Claim, Unstake, and Convert Your $STATE!
Claim Portal Deadline Extension
(https://claim.parastate.io/)
While we have extended the availability of the STATE token claim portal through December 31, 2023, if you still need to claim your STATE tokens from the original Republic fundraising rounds, we encourage you to do so at your earliest convenience. Leave the old ParaState paradigm behind and become part of the SafeStake journey by claiming your STATE tokens and converting them to $DVT today!
Unstaking Deadline Extension - ONLY UNTIL SEPTEMBER 30, 2023
(https://staking.parastate.io/)
Over 5.5M STATE tokens remain staked in the staking contract. As the staking website will be decommissioned shortly after, STATE tokens that are left staked after this date will be burned and become unrecoverable.
Conversion Deadline Extension
(http://conversion.parastate.io/)
Since converting STATE tokens to $DVT requires them to be claimed or unstaked first, the deadline to convert will also be adjusted accordingly. Please stay tuned for future announcements about a new conversion deadline that will be sometime after January 1, 2024.
REMINDER ABOUT DVT DISTRIBUTIONS
DVT distribution occurs on a weekly basis.
If you have sent STATE tokens to the conversion vault more than one week since the last DVT distribution announcement and you still have not received your DVT tokens, please ensure that you have imported the official DVT contract address into your wallet:
0x29FA1fee0F4F0Ab0e36eF7Ab8d7a35439eC6be75
If you have imported the DVT contract address and you continue to see 0 DVT in your wallet, please contact an official SafeStake admin on Telegram or Discord.
CALLING ALL TESTERS!!!
Operators and Validators WANTED for Galileo Incentivized Testnet!
If you are a professional operator (or want to become one) or interested in running a validator on Galileo Incentivized Testnet, you can help test the SafeStake tech stack at scale. As part of our Stage 1 testnet rewards, we are giving away 500,000 DVT tokens and 2.5 ETH in prizes! Check out our awesome rewards program and join testnet today!
If you’re already participating, the leaderboards let you track your progress and rewards and see how you’re doing compared to others.
NEED HELP RUNNING AN OPERATOR NODE?
No problem! We have an updated video guide that walks you step-by-step through the process of setting up an operator node on Galileo incentivized testnet. You should also reference our Github for the latest versions, etc.
Github: https://github.com/ParaState/SafeStake
v1.2-testnet operator guide: https://github.com/ParaState/SafeStakeOperator/releases/tag/v1.2-testnet
NEED HELP SETTING UP OR IMPORTING A VALIDATOR?
We’ve got you covered! There are several quick and easy ways to set up a validator on Galileo incentivized testnet. Visit our YouTube channel for helpful video guides that show you how to create a new validator or import an existing one to SafeStake.
Latest Blog Content
Please take a moment to explore the blog articles we published this month. We hope you find them informative and engaging!
Combining MPC and DKG for Unparalleled Private Key Security
Ethereum Staking and the Impact of MiCA Regulations in the European Union
The SafeStake Zealy XP Program
To help grow our outstanding community, we continue the SafeStake Zealy XP program!
This incentive program on Zealy offers several different quests to complete. When you complete quests, you earn XP! Quests include social media, content creation, incentivized testnet participation, event and activity participation, weekly task completion, and more!
Check out our Zealy Questboard Now!
Don’t miss the opportunity to complete tasks, contribute to the SafeStake community, and earn XP rewards while taking part in fun and exciting adventures!
SafeStake Infographic Contest
We are thrilled to invite all members of our community to participate in the exciting SafeStake Infographic Contest! Show off your skills and make your mark on SafeStake's incredible journey with this creative challenge.
💎 The Good Stuff (prizes :)
Show your talent and compete for a share of 3000 $DVT (worth $160)! Here's what you can win:
1️⃣ 1st place: $100 (USD in $DVT)
2️⃣ 2nd place: $80 (USD in $DVT)
3️⃣ 3rd place: $60 (USD in $DVT)
🎁 4th place: $40 (USD in $DVT)
🎁 5th place: $20 (USD in $DVT)
💡 But that's not all! Every participant will also receive 200 XP on Zealy!
For all the details, please visit https://www.notion.so/parastate-safestake-community/SafeStake-Infographic-Contest-90527959b8c347aaa3dc776e827f2741
That’s all for this edition of the SafeStake newsletter. Thanks for reading!
About SafeStake
SafeStake is a pioneering technology company focused on revolutionizing Ethereum staking. With its cutting-edge, decentralized Distributed Validator Technology (DVT), SafeStake provides an ultra-secure, fault-tolerant environment for Ethereum validators, maximizing staking rewards and minimizing penalties. SafeStake is committed to driving the growth and innovation of the Ethereum network while ensuring the security and prosperity of its participants.