Hello, can someone tell me what are the risks of

Question

Oasis Network Community

Kabir (HODL)

Hello, can someone tell me what are the risks of

staking ROSE?

#cryptocurrency #english #oasis

0

15.07.2023

4 ответов

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Kabir (HODL) Автор вопроса

VicmxD
Hey Kabit! there are few risks. When staking your ...

Thanks for the explanation VicmxD. I have invested big money on ROSE. Someone told me "why you don't stake if you're going to hold ROSE for a long time?" TBH I am not very risk taker and have not staked any other coins till now. Do you think is it logical to I stake for gaining more ROSE? is there any official system for staking or something like that?

0

15.07.2023

VicmxD

Kabir (HODL)
Thanks for the explanation VicmxD. I have invested...

I suggest for you to watch this video explaining on how to use our wallets and how to do staking: https://www.youtube.com/watch?app=desktop&t=296&v=IlN4xi2PaLk

0

15.07.2023

VicmxD

Kabir (HODL)
Thanks for the explanation VicmxD. I have invested...

There is also a written guide by one of our validators on how to stake Rose. https://everstake.one/blog/how-to-stake-rose-oasis-network-via-official-oasis-wallets-web-and-browser-extension

0

15.07.2023

VicmxD · Accepted Answer

VicmxD

Hey Kabit! there are few risks. When staking your Rose gets locked on a smart contract inside your own wallet, you only delegate your voting power to your favorite validators

0

15.07.2023

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