Blockscope - Staking Services

Additional Services

Downtime Slashing Insurance

We are plenty confident on the quality of our services, that's why we provide an insurance policy that covers Downtime Slashing events caused by us in our services. If we get pennalized with this kind of slashing, we will refund you any loss you may suffer. Your funds are safe with us in case of downtime, just delegate and receive rewards, forget about losses.

We dispose of a wallet with enough funds to cover a possible downtime slashing event. A percentage of the earned commisions by the validators are sent to this account to fund it. The wallet funds can be used by Blockscope in some sort of financial product (DeFi) to increase the funds amount.

Elegible Validators:

Validators running in Cosmos networks, Polkadex, and Velas (more networks to come...)
Validators with more than 1% commission for 1 month or more before than the slashing event
Validators with no custom slashing insurance

Elegible Delegators:

Delegators with losses bigger than 5$ worth of tokens
Delegators that delegated to the validator one month or longer before the slashing event
* project or foundation delegation accounts are not elegible for this service

Refunds:

Refund calculations will be based on the day and time of the slashing event (amount, etc.)
Refund calculations will be based on CoinMarketCap token price data
Refund will be committed within the next 30 days of the slashing event date
Any claim or enquiry should be communicated within the next 30 days of the slashing event date. Claims communicated after that time window won't be accepted and thus invalid

Incidents covered:

Slashing for downtime or missed blocks
Slashing caused by Blockscope bad operations or negligence
* Double signing is not covered yet.

Incidents not covered:

Slashing events caused in several network validators within the same 24 hours range, based on 30% or more of the validator operators or 30% or more of the total voting power of the related network
Slashing caused by reasons not related to Blockscope servers, like bugs or malfunctioning in network official software
Slashing caused by sybil-type attacks causing a lack of consensus in the related network
Slashing caused by double signing attacks.

Anti Scam Operations, Protect Your Funds Against Scammers

We believe in blockchain freedom but with freedom and no regulations, crypto has become a paradise for scammers and proffesional digital thieves. Everyone has heard of a case of someone being scammed, so you have an idea of how many scammers are living in this space. One of the most common scams is scammers impersonating channels admins or technical staff, and by social engineering they manage to scam the investor and get his keys or make a transfer to whithdraw the funds to a malicious wallet wihout the scammed knowing.

That's why we founded an Anti Scam Operations in Blockscope, to rescue funds that are potentially being stolen by scammers and giving them back to the investors. We feel good each time we rescue the funds of one of our customers, so we are know making this service publicly available to our customers and other investors, to make our customers and other invertors funds safer.

Subscription Process:

STEP 1 - Create a transaction

Create a send transaction to our requests wallet address from the wallet you want to enable the service to.

STEP 2 - Fill in memo field

The transaction should include in the "memo" field the following data: your email address, the service you want to enable ("anti scam" in this case).

STEP 3 - Fill in amount field

Send the minimum amount of tokens allowed to be able to commit the transaction.

STEP 4 - Send the transaction

Commit the send transaction to our wallet (send).

FINISH - Send us an email

Email us to blockscope@protonmail.com from your email address, the email subject and content should include your wallet address used in the transaction sent before. We'll get in contact with you ASAP to coordinate the operations.

Elegible Networks / Validators:

Any Cosmos network that we are running validators in.
Operations in other networks will be evaluated if requested by an elegible delegator.

Elegible Delegator Accounts:

Delegator accounts that are delegating to our validators and have been subscribed to this service.
Delegators accounts that are not delegating to our validators and have been subscribed to this service.
* each account must be subscribed independently and at least 2 weeks before requesting the rescue operations

Incidents Covered:

Our operations can only recover the tokens that are delegated or being undelegated from any validator in the networks we run operations for. Usually in Cosmos networks the unbounding period is 21 days, the sooner you request the rescue operations the more chances we have to succeed.
Tokens that have been transfered to other account by the scammers are not recoverable by any means.
* we do not guarantee that funds can be recovered on any amount, though we'll try our best to succeed

Operational Costs:

Delegator accounts that are delegating to our validators and have been subscribed to this service won't be charged with any commission, will only be charged with the working hours involved in the rescue operations.
Delegators accounts that are not delegating to our validators and have been subscribed to this service will be charged with the working hours involved in the rescue operations and a commission of the rescued tokend, the commission will be established after studying the case.
* working hours may vary between operations and networks (we'll inform you once you send the request)
* the commission is a percentage applied on the recovered funds only, so if no funds are recovered commission will have no effect

Additional info:

Blockscope does not guarantee by any means the rescue of any ammount of the compromised accounts.
Blockscope is not responsible of any operations/transactions done with the compromised accounts.
Blockscope can accept or reject any operation request after studying the validity of the request.
Recovered funds, minus the involved operation costs and the related commission, will be sent in the 15 following days to a safe account provided to us.
Recovered funds will be used to fund our Slash Insurance wallets or buying CO2 offset credits for our infrastructure.
Blockscope won't provide any sensible info on the rescue tools and processes.
* Send transaction is required to ensure the ownership of the account being subscribed, and to never help a scammer get the funds of a delegator