Stake with ShapeShift DAO

ShapeShift was founded by Erik Voorhees and Jon ShapeShift in 2014 as the first non-custodial exchange-a simple tool to trade crypto from your own wallet. ShapeShift has evolved over the years and developed several products, including CoinCap, Prism, KeepKey, Portis, and the ShapeShift Platform. In 2021, ShapeShift airdropped FOX Tokens to over 1 million past users and community members.

ShapeShift uses a hybrid cloud approach for validating. We run sentries in two public cloud providers and validators on bare-metal hardware in a data center. Servers are collocated in a datacenter and use TMKS and Yubikey HSMs for maximum decentralization, uptime and security.

We have Grafana dashboards, PANIC alerting for missed blocks with a Twillio push notification system, a telegram bot, and self-healing infrastructure with Docker or systemd service monitoring.

Any address holding at least 100 FOX Tokens can follow the ShapeShift Governance Process to make proposals to the DAO on https://snapshot.org/#/shapeshiftdao.eth. If transactions are included with a proposal that passes, any FOX token holder can execute the transaction from the DAO’s Gnosis Safe using the Zodiac Reality Module. Examples of proposals that token holders can execute include allocating resources from the treasury, administering smart contracts such as FOXy, or enabling fee switches for integrations such as 0x. For full details on the governance process, see https://forum.shapeshift.com/t/fox-governance-process/55.