Karak is a universal restaking platform that enhances security for blockchain applications. It allows users to use their staked assets, like Ethereum or stablecoins, to secure various blockchain networks and applications.
Description
How does Karak work?
- Multiasset Restaking: You can stake various assets, including Ethereum and stablecoins, on Karak’s platform. This diversifies risks and stabilizes the security services offered.
- Distributed Secure Services (DSS): Assets staked on Karak can support services like data protocols and oracles, ensuring they operate securely and efficiently.
- Restake Anywhere: Karak’s flexible design lets developers use its services on any blockchain, not just Ethereum. This makes it easier for developers to focus on innovation without worrying about underlying infrastructure.
- Turnkey Development: Karak offers tools and SDKs for developers to quickly build and launch new services. Its K2 network serves as a sandbox for testing and launching these services effectively.
In summary, Karak simplifies the process of securing blockchain applications by allowing the restaking of various assets, offering a robust, flexible, and cost-effective solution for developers and users alike.
Team of the Project
Raouf Ben-Har
Co-founder
Raouf Ben-Har is the Co-founder of Andalusia Labs, a universal security layer for digital assets. The company became one of the fastest unicorns, reaching a valuation of over $1 billion in just 10 months. He has a background in software engineering with internships at prominent companies like Google, TikTok, AWS, and Goldman Sachs, and he also held a role as an Associate Product Manager at Coinbase. Raouf studied Computer Science at the University of Pennsylvania and participated in Y Combinator.
Drew Patel
Co-Founder
Drew Patel is the Co-founder of Andalusia Labs, which rapidly achieved unicorn status, and previously interned as a Software Engineer at Coinbase within the Wallet Team. He also served as a Portfolio Management Associate Intern at 8 Decimal Capital and was the Chief Technology Officer at a stealth startup. Drew holds a Bachelor of Science in Computer Science from the University of Missouri-Columbia.