100% Security Guarantee 💯💯👍

a year ago

SECURITY

Earnpark follows all the industry best practices for IT security checks, data protection, access rights, and data encryption. We’re constantly raising the bar for our security standards so that users can sleep well.

Protected infrastructure

Security is the most essential part of every investment platform. Earnpark funds are managed through tokens spread across different addresses within Fireblocks vault infrastructure.

Each transaction goes through the multi-signature process, monitored by 3 team members. The connection to the protocols is provided via WalletConnect, so that the private keys never leave the multisig and are not compromised anywhere.

Each strategy has its own vault, meaning different private keys for each protocol. If something someone tries to tamper with one protocol, it does not bear additional damage.

Cold crypto storage

95% of crypto assets are stored offline in cold multi-signature wallets

5% of crypto assets are stored in hot wallets allowing users to make instant automatic deposits/withdrawals

Transaction signing only happens offline on separate devices that have never been connected to the network; the entire process involves several people. The multi-signature process works with a number of keys (N) with a required quorum of any (M) keys.

For example, you need 3 keys. Thus, it's not possible to sign the transaction with a single key. If one of the multisig keys goes missing, you won't lose control over your assets completely. Moreinfo

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