Security Protocols

This page documents the security measures, operational controls, and transparency mechanisms currently in place for SET at launch, plus a forward-looking improvement roadmap.

Overview

• Network: Ethereum mainnet (launch-only)

• Asset: USDT

• Contract (source verified): View On Etherscan

Core Mechanics

• Users stake USDT into the SET staking contract.

• ~5% of TVL remains on-chain as a liquidity buffer; up to ~95% may be transferred to the owner wallet and then off-chain to an external FX trading desk.

• Rewards are calculated off-chain daily and are credited on-chain when a user withdraws.

• 7-day lock per deposit.

• No fees, no min/max deposit.

Smart Contract Surface

• The staking contract is deployed and source-verified on Ethereum, so anyone can review the code and all transactions on Etherscan. All actions (e.g., deposits, withdrawals, Admin actions) emit events and are visible on-chain.

Admin & Control Model

• The contract owner role is controlled by a multisig contract held by the project owners.

• All withdrawals require owner multisig approval before funds are released from the contract.

• One active withdrawal request per user; processed first-come, first-served.

• There is a manual “pause” function in place so that contract owners can stop all on-chain activity (rewards for existing stakers will continue to accrue and be calculated off-chain.

Planned Security Protocols

• A third-party smart-contract audit is planned within ~6 months.

• Hardware wallets for signers will be implemented.