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Are there any risks or drawbacks associated with staking sol that I should be aware of?

avatarLodberg MoserNov 27, 2021 · 3 years ago1 answers

What are the potential risks or drawbacks that I should consider when staking sol?

Are there any risks or drawbacks associated with staking sol that I should be aware of?

1 answers

  • avatarNov 27, 2021 · 3 years ago
    At BYDFi, we believe that staking sol can be a great way to earn passive income. However, it's important to note that staking sol does come with some risks. As mentioned earlier, slashing is a potential risk that you should be aware of. Additionally, there is always the risk of technical issues or vulnerabilities in the staking infrastructure. While we take every precaution to ensure the security and stability of our staking platform, it's important to stay informed and keep an eye out for any potential risks or vulnerabilities. If you have any concerns or questions about staking sol, feel free to reach out to our support team for assistance.