Source: Etherisc BlogDid you know that < 0.04% of validators have been slashed in the past 4 years? In staking, you need to carefully balance risk and reward, Freddy Zwanger from Blockdaemon argues. The integration of insurance models can enhance resilience, ensuring that institutional stakeholders can confidently engage in the staking market.What is Staking and Slashing?🥩 Staking = A method of securing blockchains through capital investment.🔪 Slashing = penalties imposed for validator misbehaviour.💰 Slashing Penalties: Rarely triggered, often due to misconfigured setups.How do you balance risk & reward?What to look for in a staking provider?Where does insurance come in?Since Blockdaemon launched staking insurance in 2022, many slashing insurance providers have entered the market, including Chainproof, Nexus Mutual, Aon and Figment. Slashing insurance can provide additional peace of mind for institutional stakers.D1Conf: Stake safe: Staking, slashing & insurance was originally published in Etherisc Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.
Read full article »
Followers on Owler
178
Co-Founder & CEO
Christoph Mussenbrock