MultiversX Tracker is Live!

Am I understanding this right, Coinbase Staking on Ledger is safer than Lido?

Etherum Reddit

More / Etherum Reddit 14 Views

From the disclaimer it says that Coinbase staking doesn't have possession of your coins, yet with Lido from what I could tell they do.

So the only risk would be if Coinbase staking smart contract got a penalty which would be like max 1% of my stake, but even if there was a bug etc there'd be no way to take my coin? And with Lido if there was a bug in the smart contract then I could potentially lose all my coin?

I don't have very much so I'm not super worried, but I do want to have some precaution.

submitted by /u/Maleficent_Pool_4456
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments