Isn'T liquid staking dangerous? i mean i like native staking

Question

Isn'T liquid staking dangerous? i mean i like native staking

now because it not connected to kava.io. imagine we have $200,000 in kava.io usdx lending and $200,000 in liquid staking and kava.io get hacked and we lose both

#blockchain #cryptocurrency #english #kava

0

26.07.2022

3 ответов

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J

CryptoDaz (Darren)
I don't know enough about how the bKava and stakin...

If you deposit your bKava into any 3rd party dApp, yes. You have massive risk.

0

27.07.2022

Foggy World

J
If you deposit your bKava into any 3rd party dApp,...

Ok so let me reformulate this in other words , staking rewards have been drastically decreased in order to force us to beta test the 3rd party dApp and take all the risks, so potential gain in the use of bKava will just compensate the lost we had regarding staking rewards but will not in anyway cover the risks to beta test the dApp right?

0

27.07.2022

CryptoDaz (Darren) · Accepted Answer

CryptoDaz (Darren)

I don't know enough about how the bKava and staking derivatives wroks to know if there is any additional risk

0

26.07.2022

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Isn'T liquid staking dangerous? i mean i like native staking

3 ответов

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