Security
You trust us with your assets, and we take that responsibility seriously. Sceptre employs cutting-edge security protocols and best practices to ensure your peace of mind.
Audited Smart Contracts
Sceptre’s sFLR Smart Contract (which provides a liquid staking token on the Flare Network) was audited by independent smart contract auditors WATCHPUG, a leading security firm with extensive smart contract expertise.
In addition, we work with leading security partners Ledger Works and Hypernative to help us monitor our smart contracts and the network for potential risks.
Proactive Defense Response
Sceptre contracts and the Flare Network are monitored with Hypernative, a real-time monitoring, risk detection and automated Web3 security platform.
Unlike traditional security measures that react to attacks, Hypernative takes a proactive approach. It uses machine learning to analyze on-chain and off-chain data to identify potential security risks, economic threats, and governance issues before they cause damage, which allows us to take early action and prevent losses.
Multi-node Staking
In order to reduce the risk of validator issues, assets on Sceptre are spread across a broad network of nodes, picked by our service following rigorous criteria. You can see the list nodes we currently work with on the Flare Network by clicking “Staking Information” on the app’s Staking tab.
If a node becomes problematic and is penalized by the Flare Network, the risk of our users missing out on rewards will be minimal. A single wallet can only stake on up to 3 nodes on the Flare Network so, by staking with Sceptre, you’ll be greatly reducing the risk of picking the wrong validator.
Multi-Party Computation Infrastructure
Sceptre’s infrastructure is secured by advanced Multi-Party Computation (MPC) technology. Unlike traditional wallet architectures that rely on a single private key, an MPC system generates and distributes partial "key shares" across multiple independent, highly secure nodes. This eliminates the most common vectors for asset theft, including external hacks, internal collusion, and accidental key loss. Even in the highly unlikely event that a malicious actor compromises one of our secure nodes, they would only obtain a meaningless fragment of data, rendering it impossible for them to access funds or force transactions.
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This institutional-grade security framework ensures that your assets remain protected at all times while maintaining lightning-fast transaction speeds.