Custodians
To ensure the safety of user assets, ShieldLayer partners with Fireblocks, one of the industry’s most trusted custodians. In our protocol, all user deposits are safeguarded through Fireblocks’ advanced infrastructure, providing robust security and operational reliability.
What is a Custodian?
In crypto, a custodian is a professional third-party service that securely stores and manages digital assets on behalf of users. Custodians reduce risks of theft, hacking, or human error by employing cutting-edge technologies such as:
MPC (Multi-Party Computation): Private keys are never fully exposed, eliminating single points of failure.
Cold & Hot Wallet Architecture: Assets are stored securely, with offline protection against cyber threats.
Compliance & Audit: All transactions are transparently recorded and subject to independent audits.
Why Fireblocks?
Industry-Leading Security: Fireblocks uses MPC and hardware security modules (HSMs) to protect user funds at every stage.
Scalable Operations: Fireblocks supports large volumes of secure transactions, ideal for DeFi protocols with institutional ambitions.
Trusted by Institutions: Fireblocks is widely adopted by major exchanges, asset managers, and fintech platforms globally.
How it Works in ShieldLayer
User deposits are always held in Fireblocks’ secure custody environment. Profits from trading activities are periodically distributed back to the protocol’s smart contracts, ensuring on-chain transparency and up-to-date pool values.
By integrating Fireblocks as our custodian, ShieldLayer offers users peace of mind—combining institutional-grade security with full on-chain transparency. This is a foundational part of our mission to bring real, sustainable yield to decentralized finance.
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