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Admiral Canada

Validator & Staking Risk

Slashing is measured in days and dollars.

Running validators exposes you to protocol-enforced penalties. A double-sign event can destroy a share of stake in a single epoch; extended downtime erodes rewards; and assets in an unbonding period are exposed to events you cannot exit from. This cover quantifies and transfers that operational exposure.

Maximum available limit CAD 15 million, subject to underwriting

What the cover addresses

Slashing penalties

Stake destroyed by protocol slashing following a double-sign or equivocation event.

Downtime penalties

Penalties for missed attestations beyond a defined threshold caused by an infrastructure failure.

Unbonding loss

Covered loss events occurring while stake is locked in the unbonding period.

Delegator reimbursement

Your contractual liability to reimburse delegators for a covered slashing event.

Conditions underwriters expect

  • Remote signer with slashing protection
  • 24/7 monitoring and alerting
  • Documented key migration procedure
  • Client diversity policy

Not covered

  • Variability in staking rewards
  • Penalties applied network-wide by protocol failure
  • Validators without monitoring and alerting
  • Key migration performed outside procedure

Other coverage