Allstake Passes Security Audit by BlockSec

Allstake
NEAR Protocol
Published in
2 min readJul 8, 2024

We are delighted to announce that Allstake has passed a comprehensive security audit performed by BlockSec, one of the leading security auditing firms in the blockchain space.

The audit focused on Allstake’s NEAR smart contract code quality, software security, and DeFi security. There were no high-risk issues reported during the audit, and the Allstake team has already addressed all minor issues and recommendations suggested by BlockSec.

BlockSec is a trusted partner in the blockchain development space, with a strong focus on cybersecurity. The firm works with a variety of DeFi projects to improve their security levels and safeguard the overall blockchain ecosystem. BlockSec has developed innovative tools such as a multi-chain smart contract analysis platform, a flash loan attack detection tool, and an anti-money laundering tracking platform. The company also has extensive experience in auditing NEAR Rust smart contracts, such as Ref Finance, LiNEAR Protocol and Metapool.

The successful completion of this security audit is a testament to Allstake’s commitment to providing a secure and robust platform for its users. By collaborating with a reputable firm like BlockSec, Allstake has further strengthened the trust and confidence of its community.

You can find the full audit report, including the process and detailed findings, at the following link:

Allstake is Live!

Allstake’s Phase 0 is live on mainnet, launching with top LST protocols on NEAR, LiNEAR Protocol ($LiNEAR) and MetaPool ($stNEAR). In addition to the ~9% staking yield already earned through NEAR’s PoS staking, users can now earn Allstake Points, creating a unique dual reward opportunity. Users can also join our community campaign to earn additional points (GEMs) to further boost the rewards

Allstake will soon add the support of other chains including Solana, Ethereum, Bitcoin, Ton, and more. This opens up new opportunities for users to access and diversify their restaking portfolio, providing them with higher yields and greater flexibility

Restake now!

About BlockSec

BlockSec focuses on the security of the blockchain ecosystem and collaborates with leading DeFi projects to secure their products. BlockSec is founded by top-notch security researchers and experienced experts from both academia and industry. They have published multiple blockchain security papers, prestigious conferences, reported several zero-day attacks of DeFi applications, and successfully protected digital assets that are worth more than 14 million dollars by blocking multiple attacks.

About Allstake

Allstake pioneers meshed restaking, enabling users to natively restake a wide range of assets (LSTs, LRTs, LP tokens, stablecoins, etc.) on multiple chains including NEAR, Solana, Bitcoin, Ethereum, Ton, and more. By decoupling consensus and execution, Allstake enables trustless scaling, offering enhanced scalability, security, and decentralization.

--

--