Risks of staking TON
Staking is one of the safest ways to earn rewards in DeFi because rewards are guaranteed by the blockchain protocol itself, and only the main asset is required to earn them. Moreover, staking doesn’t involve risks like impermanent loss or liquidation.
Potential risks include:
- Economic risk: The price of TON may decrease, which can result in lower-than-expected rewards in fiat terms or even losses for stakers.
- Hacking risk: The liquid staking protocol may be vulnerable, so it’s preferable to use protocols that have undergone a security audit. You can learn more about Tonstakers’ audit in the section “TON Staking Security on Tonstakers.”