Skip to main content
Safenet is currently in Beta. Please carefully refer to the Disclaimers section.

​
No slashing in Beta

In Safenet Beta, staked tokens cannot be slashed. There is no mechanism for the protocol to confiscate or destroy staked SAFE under any circumstances in the current phase. Post-Beta: Once slashing is introduced, a portion of staked tokens could be at risk if a Validator is found to have acted maliciously or violated protocol rules. The specific conditions, amounts, and governance process for slashing will be proposed ahead of that phase. It would need an active migration by every Staker. See: Roadmap for a plan post-beta.

​
Smart contract risk

Staking SAFE tokens in any smart contract carries inherent risk. Key facts about the Staking contract:
  • The contract is non-upgradeable: its logic cannot be changed after deployment
  • It has been independently audited: See: Security for the full audit report and contract details
  • It holds no protocol-level permissions over your tokens beyond what you approve
  • By locking SAFE Tokens into the Staking Contract, you do so at your own risk, fully understanding and accepting the inherent risks associated with staking smart contracts
As with any smart contract interaction, you should only stake amounts you are comfortable locking under these conditions.

​
Withdrawal delay risk

During the lock-up period, Stakers cannot immediately exit. Your tokens remain in the contract until the 2-day withdrawal delay passes after you initiate a withdrawal.
  • If a Validator is deregistered by the protocol owner, your withdrawal proceeds normally; deregistration does not block pending withdrawals.
  • If you need to exit urgently, you must wait out the delay period regardless of what happens to your Validator.
→ See: Staking lock-up periods for the full withdrawal flow.

​
Validator performance risk

If your chosen Validator’s participation falls below 75% during a reward period, neither you nor the Validator earn rewards for that period. Your staked SAFE tokens are not at risk; only your rewards for that period are forfeited. You can monitor your Validator’s participation rate in the staking interface. If you want to move to a different Validator, you must go through a full withdrawal and restake cycle. There is no direct redelegation path. → See: How to delegate stake for how to choose a Validator and what to look for.

​
Disclaimers

  • Participation in Safenet Beta Staking and the interaction with the Staking Contract and access to and use of any user interface happen AT YOUR OWN RISK and may be interfered with as a result of technical issues or other factors.
  • This Safenet Beta version is not final, exploratory, and may contain bugs, defects, logic errors, vulnerabilities, and other unforeseen risks. Features and functions may change, break, become unavailable, or behave unpredictably. Data loss or corruption may occur, including a potential loss of your SAFE Tokens or other digital assets that interact with the Safenet Beta Staking