Eigenpie: Emphasizing Security

Magpie
Eigenpie
Published in
4 min readFeb 14, 2024

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As we eagerly anticipate the launch of Eigenpie on the Ethereum Mainnet, we want to assure our users that the security of their digital assets remains our utmost priority. To achieve this, we have meticulously devised a detailed security approach to ensure the protection of our platform and our users’ assets.

At the core of our security strategy lies the rigorous auditing of our smart contract code by leading industry firms including BlockSec, PeckShield and AstraSec. These audits are conducted by highly skilled security experts who thoroughly examine our code to identify and address any potential vulnerabilities. By proactively detecting and resolving any issue, we aimed to ensure the utmost protection of our users’ assets.

BlockSec

Eigenpie has successfully completed a comprehensive security audit conducted by BlockSec, a renowned blockchain security infrastructure company. BlockSec’s team of elite security researchers and seasoned professionals, with expertise in both academic and industry settings, meticulously reviewed our platform’s security measures.

The successful outcome of this audit represents a significant advancement in our commitment to ensuring the utmost security of our users’ assets. BlockSec’s rigorous audit process has further strengthened our platform’s security measures, providing an additional layer of protection for our users. We are grateful to BlockSec for their expertise and guidance throughout the audit process, and we will continue to work diligently to maintain the highest security standards for our platform.

Audit Report:

https://github.com/blocksecteam/audit-reports/blob/main/solidity/blocksec_eigenpie_1.0-signed.pdf

PeckShield

Eigenpie has successfully completed a comprehensive security audit conducted by PeckShield. PeckShield is a prominent blockchain auditing firm that offers extensive security audits, threat monitoring and prevention, penetration testing, and emergency response services.

PeckShield has confirmed the reliability of Eigenpie’s protocol structure, highlighting the team’s commitment to offering high-level security to its users. The completion of this successful audit exemplifies Eigenpie’s persistent dedication to protecting its users’ funds.

Audit Report:

https://github.com/peckshield/publications/blob/master/audit_reports/PeckShield-Audit-Report-Eigenpie-v1.0.pdf

AstraSec

Eigenpie has concluded a comprehensive security evaluation conducted by AstraSec, a renowned blockchain auditing firm. Composed of specialist auditors, AstraSec is recognized across the industry for its diligent approach and extensive blockchain expertise, gained from auditing numerous prominent DeFi protocols.

Through AstraSec’s rigorous examination of Eigenpie’s core system and implementations, the protocol validated its security posture and readiness for further progress. This audit reinforced Eigenpie’s commitment to proactivity around risk prevention and instilling confidence for all community members.

Audit Report:

https://github.com/astrasecai/audit-reports/blob/main/AstraSec-AuditReport-Magpie-Eigenpie.pdf

We would like to take this opportunity to extend our heartfelt thanks to the teams at BlockSec, PeckShield, and AstraSec for their invaluable contributions in conducting thorough security audits of our platform. Their expertise and professionalism have been instrumental in identifying and addressing any potential vulnerabilities, further enhancing the security of our platform.

We express our deepest gratitude to the community for their trust and support during the early access stage. This period has been instrumental in laying the groundwork for our services. At Eigenpie, security forms the foundation of our operations, influencing every innovation and decision. Protecting our users’ investments is our utmost priority, and we are committed to establishing and preserving a strong and secure framework.

About Eigenpie: Eigenpie is an innovative SubDAO created by Magpie, focusing on the restaking of ETH tokens and ETH LSTs via EigenLayer. As a liquid restaking platform for Ethereum, Eigenpie’s core mechanism enables users to turn their Native ETH and liquid staked ETH tokens (LSTs) into isolated liquid restaked ETH tokens (LRTs). These are restaked versions of ETH and ETH LSTs, created by Eigenpie. This process allows users to earn passive income from Ethereum staking and EigenLayer revenue simultaneously, without requiring a lockup period.

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