SafeStake

As we do each month, we’ve compiled a recap of the notable moments and put together an exclusive preview of what’s on the horizon for SafeStake. So, fasten your seatbelts and prepare for an exhilarating ride!But before we begin, let us take a brief moment to express our gratitude to you, our dedicated community members. Your unwavering support has been truly remarkable, and we’re delighted that you’ve chosen to actively participate as both crew members and passengers on our voyage across the blockchain cosmos.Now, when you’re ready, continue onward at maximum velocity!<h2 id="header-0">Recap of the Ethereum Community Conference 2023(EthCC 6) </h2><img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/8a558edb3c4344d68c695abff48fe42e.jpg" />The SafeStake team had an incredible experience at the Ethereum Community Conference (EthCC) that recently took place from July 17th to 20th in Paris, France.With over 5,000 attendees and an impressive lineup of speakers including Jordi Baylina, Sandy Carter, and Ethereum co-founder Vitalik Buterin, EthCC once again proved itself to be the premier event for all things Ethereum, bringing together the biggest names and projects in the industry.EthCC offered a unique opportunity for the SafeStake team to meet seasoned experts, those just beginning their journey into the world of Ethereum, and everyone in-between. We connected. We learned. We were inspired.Our team was proud to represent the SafeStake project at our booth and showcase our groundbreaking work to improve and decentralize the Ethereum staking ecosystem.We extend a heartfelt ‘thank you’ to everyone who stopped by our booth and visited us — it was truly a pleasure to meet you and share our vision.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/8710a65d438942d4908e1eb15c0b72da.jpg" /><h2 id="header-1">DVT Panel Discussion &#64; Multichain ERC20 side event</h2>Marco Chen, SafeStake project lead, also participated in the DVT panel at the prestigious Multichain ERC20 side event on July 19th, as part of EthCC. It was an incredible opportunity to engage in conversation and discuss hot topics with some of the brightest minds shaping the future of Ethereum Staking.If you weren’t able to attend EthCC or missed the DVT panel discussion, you can view the official video here — <a href="https://youtu.be/JCzijPIoWc4" rel="noopener noreferrer nofollow">DVT and the Future of Ethereum Staking &#64; EthCC</a><img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/f6682795bff14ee2925783372ae2c703.jpg" /><h2 id="header-2">Upcoming SafeStake-sponsored IRL Events</h2>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:<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/e40ba2d3fb1a4793a15081428647e6e5.png" /><a href="https://events.messari.io/mainnet2023?promo&#61;kfcjs8x" rel="noopener noreferrer nofollow">Mainnet Event</a>September 20–22, 2023New York, NYHosted by Messari at Pier 36SETS THE CRYPTO CONVERSATION FOR THE YEAR AHEADGet 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.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/64ea4bba9d4f40fe9952dbb6661b6fa8.png" /><a href="https://www.stakingrewards.com/summit/" rel="noopener noreferrer nofollow">Staking Summit</a>November 10–11, 2023Istanbul, TurkeyHosted by Staking RewardsProof 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!<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/40922f735ae54b1a88673e7406b9a52b.png" /><a href="https://devconnect.org/" rel="noopener noreferrer nofollow">Devconnect IST</a>November 13–19, 2023Istanbul, TurkeyHosted by Ethereum FoundationMeet the builders of EthereumDevconnect is a week-long gathering of independent Ethereum events to learn, share, and make progress together.<h2 id="header-3">Deadlines EXTENDED for Claiming, Unstaking, and Converting STATE Tokens!</h2>Claim Portal Deadline Extension(<a href="https://claim.parastate.io/" rel="noopener noreferrer nofollow">https://claim.parastate.io/</a>)It seems there are still a significant number of unclaimed STATE tokens. Therefore, we have extended the availability of the claim portal until the end of this year (December 31, 2023). This extension grants you more time to claim your tokens and become part of the SafeStake journey!Unstaking Deadline Extension(<a href="https://staking.parastate.io/" rel="noopener noreferrer nofollow">https://staking.parastate.io</a>/)In addition to the unclaimed tokens, there are still over 5.5 M STATE tokens currently staked in the contract. So, we are also extending the deadline to unstake STATE tokens until the end of September. This extension should allow you ample time to manage your unstaking process.Conversion Deadline Extension(http://conversion.parastate.io/)Since converting STATE tokens requires them to be claimed or unstaked first, the deadline to convert STATE tokens to DVT tokens will also be adjusted accordingly. Please stay tuned for future announcements about a new conversion deadline that will be sometime after January 1, 2024.We strive to ensure a seamless and convenient experience for you throughout these processes. Your security and satisfaction are of the utmost importance to us and we hope these extensions provide you with the necessary flexibility.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/c4ac5322a9374d9d886f86afc6f962b6.png" />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 still have not received your DVT tokens, please ensure that you have imported the official DVT contract address into your wallet:0x29FA1fee0F4F0Ab0e36eF7Ab8d7a35439eC6be75<h2 id="header-4">NEW FEATURE!Import Five Validators to Galileo Incentivized Testnet Simultaneously!</h2>The intuitive and easy-to-use SafeStake drag-and-drop interface at <a href="https://testnet.safestake.xyz/" rel="noopener noreferrer nofollow">https://testnet.safestake.xyz/</a> now allows up to 5 keystore files (validators) to be imported at the same time!Please note: The passwords for all the keystore files must be the same for this function to work.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/32dac31ae1da44e99ed960b93bbcc819.jpg" /><h2 id="header-5">Attention Testers!Earn Rewards and Win Prizes!</h2>We’re always looking for more participants to join <a href="https://testnet.safestake.xyz/" rel="noopener noreferrer nofollow">Galileo incentivized testnet</a> as validators and operators to help test the SafeStake DVT platform at scale.Why join SafeStake testnet?That’s easy! We have an awesome <a href="https://parastate-safestake-community.notion.site/Galileo-Testnet-Stage-1-DVT-and-XP-Rewards-Program-93bf60ba292d4b4b8be99cca2d204375" rel="noopener noreferrer nofollow">rewards program</a> for Stage 1 where we are giving away 500,000 DVT tokens to early joiners, top performing validators and operators, and those that brought friends.PLUS we will be holding random drawings where only ACTIVE VALIDATORS and ACTIVE OPERATOR NODES will be entered to win ETH prizes when testnet reaches set milestones! &#x1f447;<blockquote>250 Active Validators — .25 ETH500 Active Validators — .5 ETH750 Active Validators — .75 ETH1000 Active Validators — 1 ETH!</blockquote>*** That’s right! We’re giving away a total of 2.5 ETH in prizes (worth $4,625 at the time this article was written) AND valuable $DVT rewards just for helping us test! ***Worried it’s over?It’s not! There’s still time to join Stage 1 <a href="https://testnet.safestake.xyz/" rel="noopener noreferrer nofollow">Galileo Incentivized Testnet</a> and push those active validators toward 250. Who knows, the winner could be you!Already running a validator or operator node on testnet?Do what you need to make sure it stays ACTIVE and track your progress and performance on the <a href="https://parastate-safestake-community.notion.site/SafeStake-Galileo-Stage-1-Testnet-Rewards-d9fa15ea1a1a4ea5be62b3c80f02f0e5" rel="noopener noreferrer nofollow">leaderboards</a>.Running an Operator Node on Galileo Incentivized Testnet is Easy!Check out this <a href="https://www.youtube.com/watch?v&#61;neZE4Y7vpcI" rel="noopener noreferrer nofollow">updated video guide</a> that walks you step-by-step through the process of setting up an operator node on Galileo incentivized testnet. You should also reference the following resources for the latest versions, notes, etc.Github: <a href="https://github.com/ParaState/SafeStake" rel="noopener noreferrer nofollow">https://github.com/ParaState/SafeStake</a>v1.2-testnet operator guide:<a href="https://github.com/ParaState/SafeStakeOperator/releases/tag/v1.2-testnet" rel="noopener noreferrer nofollow"> https://github.com/ParaState/SafeStakeOperator/releases/tag/v1.2-testnet</a>Running a Validator on Galileo Incentivized Testnet is Easy!There are several quick and easy ways to set up a validator on Galileo incentivized testnet. Visit our <a href="https://www.youtube.com/&#64;SafeStakeDVT" rel="noopener noreferrer nofollow">YouTube</a> channel for helpful video guides that show you how to create a new validator or import an existing one to SafeStake.<h2 id="header-6">NEW SafeStake Video!Unlocking the Benefits of Ethereum Staking with SafeStake’s DVT Solution!</h2>Learn about the problems facing Ethereum staking and how SafeStake’s DVT platform is the ultimate solution. This new ‘Introduction to SafeStake’ video simplifies the process of keeping validators online and ensuring the safety of private keys through decentralization.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/cc2ef1634e3a4c4299221569688edd30.jpg" /><a href="https://youtu.be/N7MmEKeYCys" rel="noopener noreferrer nofollow">Unlocking the Benefits of Ethereum Staking with SafeStake’s DVT Solution</a>In this &lt; 5 minute video you will learn:<ul><li>The current challenges facing ETH staking</li><li>How SafeStake works to mitigate these issues</li><li>The unique features that set SafeStake apart</li><li>How to onboard a validator quickly and easily using SafeStake’s intuitive drag-and-drop interface!</li></ul>Watch the video, then join us on <a href="https://testnet.safestake.xyz/" rel="noopener noreferrer nofollow">testnet</a> to delve into the exciting world of decentralized validators and our revolutionary next-gen ETH staking solution.<h2 id="header-7">The Staking Panel Discussion Series with Industry Experts</h2>Happening throughout August!<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/1fe89f17c2c04ab9bf618100a9b950ad.png" />Part of SafeStake’s mission is to ensure the security and prosperity of all Ethereum participants. And, at SafeStake, we believe that knowledge is power.That’s why we’ve invited experts from some of the most well-known names in the ETH staking industry to join us for four (4) exciting and informative panel discussions happening throughout the month of August (9th, 16th, 23rd, 30th) at 4:00 pm UTC / 11:00 am EDT on our Twitter Spaces (&#64;SafeStakeDVT).We will post all the details for the sessions as we get closer to each date, so please watch for more announcements about them on Twitter, Telegram, and Discord. For now, here’s a peek at the August 9th session:<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/9ef8a621fbcc4d1c92bc97d528251ab8.png" />Topic: Embark on an Exciting Journey: Unraveling the World of ETH Staking!Panel Guests: Nixo (EthStaker); Adam Campbell (Staking Rewards); Remy Roy (EthStaker)Moderator: Derek Rickert (Blockswap Labs)<a href="https://twitter.com/i/spaces/1OdJrzjVyElJX" rel="noopener noreferrer nofollow">https://twitter.com/i/spaces/1OdJrzjVyElJX</a>Join us as we take a deep dive into the realm of ETH staking and blockchain rewards!Agenda:Discover the Power of ETH Staking<ul><li>Listen to the experts unveil the true potential behind ETH staking and its role in shaping the future of digital finance.</li><li>Be part of the Ethereum network to secure transactions and earn rewards.</li></ul>How to Stake ETH: Unleashing the Possibilities<ul><li>The experts uncomplicate the ETH staking process step-by-step, so anyone can effortlessly start earning rewards.</li><li>Explore the myriad of staking options available, tailor-made to suit individual needs and preferences.</li></ul>Seize the Opportunity: Important Considerations<ul><li>Navigate potential risks and avoid common pitfalls while staking ETH.</li><li>Unearth hidden gems and make informed decisions like a seasoned crypto expert.</li></ul>Pro Tips for Maximizing the ETH Staking Experience<ul><li>Get insider tips and tricks from the pros to supercharge staking rewards.</li><li>Learn strategies that will elevate your staking journey to new heights!</li></ul>Ready to venture into the exhilarating world of ETH staking? Don’t miss out on this session packed with the knowledge and insights you need to navigate the ever-evolving staking landscape! That’s all for this edition of the SafeStake newsletter. Thank you for reading! About SafeStakeSafeStake 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.<a href="https://www.safestake.xyz/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://medium.com/ethereum-on-steroids" rel="noopener noreferrer nofollow">Blog</a> | <a href="https://twitter.com/SafeStakeDVT" rel="noopener noreferrer nofollow">Twitter</a> | <a href="https://t.me/ParaState" rel="noopener noreferrer nofollow">Telegram</a> | <a href="https://discord.com/invite/zFS3Mnfpwj" rel="noopener noreferrer nofollow">Discord</a> | <a href="https://github.com/ParaState" rel="noopener noreferrer nofollow">Github</a>

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