The Index Podcast
Oct. 28, 2022

Aid for Ukraine Project with Sergey Vasylchuk, CEO of Everstake

Aid for Ukraine Project with Sergey Vasylchuk, CEO of Everstake

In this episode of The Index, host Alex Kehaya joins Sergey Vasylchuk, founder and CEO of Everstake, who also founded the blockchain technological company Attic Lab. Sergey is a blockchain expert and speaker who shares his Web3 perspectives on various international blockchain platforms. 

Sergey studied computer software engineering at the National University of Ukraine, Kyiv Polytechnic Institute. In 2008, he bagged a master's degree in computer science at the same institution. 

In the early days of the Russian invasion, Sergey collaborated with other Ukrainians along with the Ukraine Ministry of Digital Transformation to launch a DAO project named Aid for Ukraine on Solana. It has raised over $1M in just a few days. When Everstake and other Ukrainian blockchain companies saw their goals align and more and more blockchain companies wishing to get on board, they merged their initiatives under the common name of Aid For Ukraine. The initiative has raised over 60 million dollars, which is being used to support Ukraine's military and the humanitarian needs of its citizens.

Sergey is a software engineer with 15 years of experience. He’s been involved in the blockchain industry since 2014 when he first encountered Bitcoin while professionally engaged in finances and P2P networks. He saw in Bitcoin the long-awaited opportunity to add payment functionality to those networks.

He is a trailblazer with vast experience in web and software development across various niches, including blockchain, banking, cryptocurrency, financial, and investment. 

His knowledge in the IT market provided him the experience to lead the Everstake company through a competitive market to become the leading decentralized staking provider in the blockchain sphere.

Everstake the Staking Giant

Everstake is a responsible validator trusted by 625k+ users across 70+ blockchain networks. It was founded in 2018.

The project began as an attempt to launch a crypto exchange, but it soon became apparent that it wasn’t even remotely as romantic and punk rock as staking. Exchanges started looking stale and conservative as banks, with the added risks of compliance and custody. This prompted us to move to work with PoS blockchains as a block producer—first on EOS, but other blockchains soon followed.

The company’s growth prompted the creation of separate teams dedicated to each blockchain. They included DevOps engineers, R&D specialists, developers, marketing and community managers focused on ensuring nearly 100% uptime and bringing more value to the community.

At the same time, the company was heavily involved in co-developing projects like Metaplex or Wormhole. This focus on benefiting the community and the partners helped our company expand and grow into what it is now.

Everstake today is a self-funded, profitable business employing 125+ people, running over 8,000 nodes for 70+ blockchain protocols, including bridges and oracles. We create liquid staking products like Eversol and invest in promising blockchain startups in early phases via Everstake Capital. Among 25+ success stories of such investments are Solana, Wormhole, Metaplex, Pyth, The Graph, and more.

Here are a few benefits of using Everstake:

  • Stake with a responsible validator. Their DevOps team manages dozens of bare metal servers to ensure 99.9% uptime so that our users always get your rewards.
  • Make your vote count. Everstake participates in numerous community calls and on-chain governance events to ensure our delegators' vote is always counted.
  • Enjoy the easiest way to stake. The company joins forces with the most reliable wallets so that our users can always stake in a couple of clicks.

To learn more about Sergey Vasylchuk, his sharp focus on decentralized financial solutions, and his dedication and thoughts towards the war in Ukraine, listen to Alex Kehaya’s interview with Sergey. The podcast is available for download via Apple, Spotify, and other major streaming platforms. For more information about donating to Aid for Ukraine, click here.

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