# About Develp

> About Develp, part of the Institute of Free Technology: its team builds Nimbus, one of Ethereum's consensus clients, and has run validators since the Merge.

Develp offers Ethereum staking to institutions. Our team also builds Nimbus, one of Ethereum's consensus clients, and Develp is part of the Institute of Free Technology.

## An Ethereum operator from a client team

Because our team builds a consensus client, each network upgrade is followed from the inside, before it reaches mainnet.

Develp stakes on Ethereum and on no other network.

## From research to mainnet operator

1. **August 2018**: Nimbus is announced as a research project.
2. **December 2020**: Nimbus runs on the beacon chain from its launch.
3. **September 2022**: Our validators begin operating at the Merge.
4. **2023**: Develp joins Lido's node operator set.

## Group and partners

- **Institute of Free Technology**: The group Develp belongs to.
- **Nimbus**: The consensus client our team builds.
- **Lido**: Develp has been a Lido node operator since 2023.
- **Miga Labs**: Develp's partner for Ethereum network data.

## Security

Your organization keeps the withdrawal credentials, and each key has one signer only.

## Our record

None of our validators have been slashed since the Merge in September 2022, through every network upgrade.

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Source: https://develp.co/about/