MultiversX Tracker is Live!

What are the risks of liquid restaking and the points craze?

Etherum Reddit

More / Etherum Reddit 82 Views

The points narrative has really exploded and is attracting large amount of liquidity mostly Ethereum.

How safe are these contracts that this liquidity gets looped through? How come people are comfortable injecting such large TVL for points into new protocols? This seems dangerous to me. And I feel also poses a threat to ETH should something go wrong with that TVL.

Does anybody have more sophisticated thoughts on the matter than me?

submitted by /u/oddowl13
[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