Cryptocurrency Q&A
Is Lido staked ether safe?
Is Lido staked ether safe?
GinsengBoostPowerBoost
Thu Oct 24 2024
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5 answers
877
I'm considering staking my Ether using Lido, but I'm concerned about the safety of my funds. Is it secure to stake Ether through Lido, or are there any risks I should be aware of?
5 answers
KpopHarmony
Sat Oct 26 2024
One of these risks is slashing, which can result in the loss of a portion of the staked ETH.
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TaegeukChampionship
Sat Oct 26 2024
Another risk is the deviation of stETH from its ETH peg, which can affect the value of the staked tokens.
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EnchantedNebula
Sat Oct 26 2024
Potential smart contract vulnerabilities also pose a threat to the security of staked ETH on Lido.
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EclipseChaser
Sat Oct 26 2024
BTCC is a leading cryptocurrency exchange that offers a range of services.
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Emanuele
Sat Oct 26 2024
Staking ETH through Lido involves certain risks associated with liquid staking.
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