Janny Krepostnoy
Business Development Manager
Date/Time
21.11.2023
16:00:00

Hypernative and Liquid Collective Announce Collaboration on Protocol Threat Monitoring

Today, we are thrilled to announce a groundbreaking collaboration between Liquid Collective, a trailblazing liquid staking protocol, and Hypernative, a cutting-edge Web3 security and on-chain risk prevention powerhouse.

Today, we are thrilled to announce a groundbreaking collaboration between Liquid Collective, a trailblazing liquid staking protocol, and Hypernative, a cutting-edge Web3 security and on-chain risk prevention powerhouse. Together, we are joining forces to tackle a range of challenges via protocol threat monitoring, including security risks, stacking risks, oracle risks, and more, ushering in an era of innovation and security in the crypto world.

Liquid Collective Advantages

Liquid Collective is the secure liquid staking standard: a liquid staking protocol designed to meet the needs of institutions, built and run by a collective of leading web3 teams. Liquid Collective's solution enables participants to directly stake on Ethereum without compromising the ability to transfer ownership of the staked token by generating a transferable liquid staking token (LST), LsETH, which evidences ownership of the participant's staked tokens and any network rewards that accrue to the token.

With mandatory KYC/AML for users and operators to facilitate compliance, Liquid Collective unlocks liquid staking participation for those who must meet counterparty risk and compliance mandates, while minimizing long-term regulatory risks, shielding against network threats, and eliminating the validator counterparty risks common to other liquid staking solutions. The protocol is designed to offer top-tier security, transparency, and reliability with no single point of failure.

Hypernative Security for Protocols

Hypernative is a Web3 real time security prevention platform, Hypernative knows to detect real time attacks (hacks/exploits/scams/manipulations) and risks on protocols/chains *before* they happen (by analyzing on and off chain data in real time) and then connecting these detection to automated actions which can prevent them, in its core this can address various risks including:

1. Smart contract bugs, manipulation attacks

2. Private key theft and operational multi sigs risks

3. Malicious Governance proposals

4. Other customized risks and extensive library of self defined monitoring templates including general threat intelligence and market and staking risks

Hypernative today works with some of the leading chains, protocols and asset managers like: Polygon, Starknet, Zetachain, Balancer, OlympusDAO, Karpatkey DAO, Circle, Galaxy, Chainalysis and many others.

How Hypernative and Liquid Collective are creating a safer staking process

Hypernative and Liquid Collective are collaborating to address the risks associated with security of the protocol and specific staking risks. This collaboration aims to provide top-notch security for Liquid Collective's users.

Utilizing Hypernative real-time monitoring and threat prevention solution, The teams will create a risk plan for the protocol contracts, multi sig wallets and other relevant assets to monitor.

This approach helps detect various different attack vectors that can happen to the protocol giving it a complete end-to-end protection from any manipulation or malicious activity.

Later the Liquid Collective team can choose to connect these detections into automated actions meant to prevent and mitigate the risks.

Hypernative also supports many other different risk categories and types that will be utilized by Liquid Collective, one example are the custom detection agents which can monitor and alert on any generic or specific on-chain event in real time on a block level granularity, the teams will define these to track various operational and performance risks.

Another set of risks Hypernative covers are staking related risks based on beacon chain and validators real time monitoring (for example: slashing events, penalties, rewards, missed attestations, etc..). Together with the security and operational/performance risks this brings a complete risk detection and reaction capabilities in one platform for Liquid Collective team.

This partnership demonstrates the great commitment of both Hypernative and Liquid Collective to ensuring user security within the staking ecosystem.

About Hypernative

Hypernative is a Web3 real-time security and risk prevention platform that stops zero day cyber attacks, economic risks, detects on-chain anomalies and protects digital assets, protocols and Web3 applications from significant losses or threats.

Hypernative provide extremely accurate exploits detections, automated playbooks and fully customized alerts and goes beyond smart contract vulnerabilities with over 200+ risk types (Bridges, Oracles, Staking,  financial/market, governance, technical and others)

Hypernative works today with top chains, projects and asset managers as customers including: Polygon, Starknet, Zetachain, Messari, Chainalysis, Circle, Galaxy and many others.

https://www.hypernative.io/

https://twitter.com/HypernativeLabs

About Liquid Collective

Liquid Collective is the secure liquid staking standard: a protocol designed to meet the needs of institutions, built and run by a collective of leading web3 teams. Liquid Collective will be governed in a decentralized manner by a broad and dispersed community of industry participants.

https://liquidcollective.io

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New Way to Secure and Monitor Web3

Detect attacks in-progress and prevent losses in real time, protect against security (hacks/exploits), governance and financial risks with actionable insights

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