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Be Careful Who You Stake With!

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13 Jan 2022 : 21:48
Updated : 05 Feb 2022 : 18:38
10 min read

TLDR

  • Liquid Staking Protocols greatly affect the decentralization of PoS networks
  • Most liquid staking providers have different delegation strategies (the method in which they distribute stake)
  • These delegation strategies affect the likelihood of your stake being slashed (you losing your money)
  • Before staking with any provider you should consider the number of validators delegated to and the quality of these validators

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