Develp
By organization

Ethereum staking for asset managers and funds

Develp offers Ethereum staking to funds, issuers of exchange-traded products (ETPs) and family offices. The custodian keeps control of the withdrawal credentials, and reports come by period and by validator.

A white model of a coin with the Develp mark, standing among smaller coins

What you need

Staking for the fund's ETH while the custodian keeps control.

What to plan for, and how Develp handles it

What to plan forHow Develp handles it
Exit queues against redemption datesExit planning from the start of the setup
Rewards to record in each period's accountsReports by period and by validator
Operator concentrationA setup designed to differ from other operators the fund uses

How it works for you

Talk to our team
  1. Scoping call

    The fund's stake, its custodian and what its reports have to show.

  2. Setup design

    Validators sized to the stake and the fund's risk preferences.

  3. Diligence pack

    The documents your risk, legal and compliance teams ask for.

  4. Key setup

    Keys generated offline, and the custodian's address in the withdrawal credentials.

  5. Live, with reporting

    Your validators go live, and reporting starts.

Proof you can check

See the record
Slashings0Since September 2022
Rewards score, Q3 202699.78%Network 99.44%. Source: Miga Labs
Lido node operatorSince 2023

Questions asset managers and funds ask

How do exits fit redemptions?

Exits go through the network's exit queue, which moves with demand. Exit planning starts at setup, and exits can be sent from the withdrawal address itself.

Does the custodian keep control?

Yes. The withdrawal credentials point to the custodian's address, the only place the stake can go.

Can we start with part of the fund's ETH?

Yes. You can start with a share and add more later, beside another operator or on its own.

How are fees set?

Per client, depending on the stake and the setup. The team goes through them on a call.

Start with a call

Tell us how your organization holds ETH and what you need.