What are the risks associated with staking?

Last update - December 5, 2023

Staking carries inherent risks, including market volatility, smart contract bugs, and potential changes in staking rewards.

Braavos Wallet, the Stake+ protocol, and Starknet are all in the alpha development stage, and the code has not yet been audited.

Please understand these risks and assess them according to your risk tolerance.

Related FAQ

Getting Started

How to Recover a Braavos Wallet How is Braavos different from other wallet solutions? How do I set up my Braavos wallet? I already have funds on MetaMask. How do I move funds to Braavos? How can I transfer funds to my wallet ? How can I transfer funds from a centralized exchange to my wallet? Why is it important to regularly check and update your wallet account? What’s the difference between a private key and a seed phrase? What if I uninstall my wallet with activated 2FA and reinstall it?

Stake+

How can I verify the cost of the staking transaction to compare it with the ETH gas fee? Is the yield from Lido the same as what I’d get directly with them? Is there a locking period? Is there a minimum investment? Is Braavos the Best Wallet for Staking on Starknet? Why should I use this solution instead of directly staking on Ethereum? Is my ETH safe with Stake+? What is Staking? How does Stake+ make staking more accessible? How do I stake my ETH via the Stake+ protocol? What is Staking Boost? How can I monitor my investments? How long does the staking process take?