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Alessandro-Tricarico

Hey, what’s the benefit of staking telos? And is there

any risk involved?

#blockchain #cryptocurrency #english #telos
0

6 ответов

23 просмотра
Khushal-

Returns obviously, around 8% apy at the moment. Also, you can participate in governance on the native chain and DeFi via liquid staking on the EVM. No risk as such.

0
10.06.2023
Alessandro-Tricarico Автор вопроса
Khushal
Returns obviously, around 8% apy at the moment. Al...

Okay thank you. When you say no risk as such, what do you mean?

0
10.06.2023
Khushal-
Alessandro Tricarico
Okay thank you. When you say no risk as such, what...

I meant in general. Since it's not from a third-party, the risks you might think of/have come across elsewhere might not exist.

0
10.06.2023
Alessandro-Tricarico Автор вопроса
Khushal
I meant in general. Since it's not from a third-pa...

When you use words like “might” it doesn’t make me feel so confident that they don’t exist 😂

0
10.06.2023
Chris Barnes-
Alessandro Tricarico
When you use words like “might” it doesn’t make me...

Staking to REX is a system contract, so no counterparty other than the BPs themselves.

0
10.06.2023
Khushal-
Alessandro Tricarico
When you use words like “might” it doesn’t make me...

Risk is a general term. I cannot possibly know what all you consider as risk unless you specifically mention them

0
10.06.2023

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