Luganodes X Drosera: Enhancing Security using Traps

Introduction

While the world of Decentralized Finance burgeons and creates new opportunities, the risks of crypto hacks increases as well. In many such events, large amounts of funds are often lost or compromised. Drosera has crafted a solution to prevent these incidents, and Luganodes is proud to announce a key partnership with Drosera to enhance DeFi security.

What is Drosera?

Drosera is focused on trapping bugs, much like its namesake. This AVS aims to keep an eye out for issues that occur on-chain and execute an appropriate response. In other words, Drosera simplifies the creation of monitoring systems for decentralized applications and provides a framework for automated responses to events on the Ethereum network.

How Does it Work?

Traps are a central feature of Drosera, composed of smart contracts defining conditions for detecting anomalies and able to trigger responses. Traps smart contracts include both on-chain and off-chain components. By doing so, it ensures that its off-chain monitoring isn’t visible publicly, or to hackers.

• Trap Contract: An off-chain component that collects and analyzes data to signal the execution of an on-chain response.
• Trap Config: An on-chain contract that configures the Trap and defines the callback function for on-chain responses, ensuring coordination and accountability among Operators.

Operators play a vital role in this project, they run the Drosera Operator Client software to execute Traps and perform on-chain responses to detected anomalies. Operators gain permission by opting into specific Traps and can then monitor and evaluate new blocks based on set conditions. When conditions are met, Operators execute the on-chain response functions to mitigate potential threats. Operators execute responses while Traps detect the anomalies.

Drosera - A Unique AVS

Drosera is building a unique security framework to solidify Ethereum’s security. As the first decentralized automated responder collective (DARC), Drosera is closely intertwined with the Ethereum trust network. By operating as an Actively Validated Service (AVS) using EigenLayer, Drosera leverages restaking and Ethereum’s security. This allows the ecosystem’s security to be enhanced through monitoring and response strategies.

Its unique capabilities have infact given birth to the new role of Trappers professionals specializing in developing validation logic for protocols and users.

Moreover, the applications are widespread and offer immense value across Treasury Management, DEXs, and Lending platforms.

Luganodes X Drosera

Our collaboration leverages Luganodes’ expertise in blockchain infrastructure and AVS operation to play a crucial role in Drosera’s cutting-edge security solutions. As mentioned earlier, Drosera employs AVS operators to perform on-chain operations in response to detected events. Luganodes has worked closely on Ethereum staking, Restaking via EigenLayer, and AVS operation. Drosera is now using Luganodes expertise in the Ethereum ecosystem to create a more secure and resilient DeFi world.

Conclusion

Drosera plays a crucial role as a watchtower, identifying vulnerabilities and significantly enhancing safety in the space. As an infrastructure provider, Luganodes understands the paramount importance of security and has taken extensive measures to ensure it. We are proud to support Drosera in its mission and look forward to seeing more innovative advancements in security within the Ethereum ecosystem.

About Luganodes

Luganodes is a world-class, Swiss-operated, non-custodial blockchain infrastructure provider that has rapidly gained recognition in the industry for offering institutional-grade services. It was born out of the Lugano Plan B Program, an initiative driven by Tether and the City of Lugano. Luganodes maintains an exceptional 99.9% uptime with round-the-clock monitoring by SRE experts. With support for 45+ PoS networks, it ranks among the top validators on Polygon, Polkadot, Sui, and Tron. Luganodes prioritizes security and compliance, holding the distinction of being one of the first staking providers to adhere to all SOC 2 Type II, GDPR, and ISO 27001 standards as well as offering Chainproof insurance to institutional clients.