Thoughts on staking and restaking assets?

Looks like staking and restaking are becoming popular ways to boost liquidity. Restaking, in particular, seems to be popping up on more platforms lately. The latest restaking protocol I stumbled upon is Solayer, aimed at SOL, but now I’ve heard about another one called Bedrock which stands out. From what I’ve seen on their site, it’s a multi-asset liquid staking and restaking protocol letting users earn LSTs and LRTs while keeping liquidity. What’s interesting is that it’s the first restaking protocol supporting various assets like Bitcoin, Ethereum, and chains like Arbitrum and Optimism. I can't believe I'm just learning about this project now since it also got the highest Babylon points in both the first and second rounds and has backing from Babylon’s co-founder as an investor. I’m really curious if anyone has taken part in their airdrop since the checker is available and I think pre-deposit is up on major exchanges. So, what are your thoughts on staking and restaking assets?

You have to be careful when it comes to staking. Any incentive should be looked at and considered when making an investment, but there are alt coins that use generous incentives as a way to lure unsuspecting investors in to take their money with pump and dump or other schemes. Just make sure you like the asset, not just the incentives.

You should really be knowing at least on the basics about on how staking and re-staking works and on the potential deductions that would incur at the moment or time that you do decide to unstake. Come to think that rewards might really that look up so interesting considering on which the APY isnt something that you can see on traditional investment on which it will really be causing up such interest on which you would really be planning out to invest. Just like on what been said above it do have those terms on which you do need to comply on with plus there are some staking on which there's a specific cliff at the time that you undelegate it out on which means that if you are planning out to pull out because of sudden spike and wanting to sell your assets then you cant be able to do so just because of that lock up.

Well for me I did stake my coins on the exchanges in the passed. But now I do not stake any more of my coins like Sol, BNB, and Ethereum. For me it is not worth it to not have control of your own keys. And now there is companies like Ledger and other ones where you can stake. But we do not know for sure if we will lose out crypto or not.

restaking in general only worth it if you have millions of dollar worth of crypto otherwise, it's only worth with the airdrop if you have small capital. I personally always staking and restaking on a platform that still have potential of airdrop, after that, not so much, if it's bitcoin i guess restaking could work speaking from profitability but if it's ethereum or any altcoins. the risk of exposure to volatility is simply not worth it if you're not avid speculator. but then again, if you have some crypto asset just lying around doing nothing while you're waiting for the price to go up, that's where restaking shines.

You should check out this project’s website to find out more. Before i conclude on a project, i have definitely done my research. You know what it takes for a project to secure Babylon’s highest point, right ? You can check the list of its investors and let me know what you think. The project airdrop is also set to list soon, that also counts.

Which exchange have you staked on in the past ?. For me, i do stake a lot on Bitget and it’s been a smooth ride so far. Though, i do not stake for a long period of time.

I ever participating in Bitget's launchpool and it's really terrible. There's a token I forgot the name, I can use Bitcoin to participate the launchpool. I lock around $4,000 worth of Bitcoin for 3 days, can you guess how much I earn? less than $1. Even though staking and launchpool are different, but I consider it's not worth for the risk.

Probably the APR was low or the token didn't perform well post tge. If you participated in the last launchpool the apr was good, but I'll suggest you consider POOLX, Tbh that's more lucrative and has longer days.. OP was talking about bedrock, did you qualify for the BR airdrop??.. There's some giveaway for eligible users

Not just that, luring them into their own platform for which they hold their funds and the poor staker will have no means of getting their funds back. I'd be very careful with them because all of those APYs could be interesting and attractive. But we should lean on what's believable and what is the reality that it has got because in everything in there, there are risks that needs to be considered.

is there no APR/APY explained by bitget? usually it must be in accordance with the APR calculation if you do Staking on a protocol or exchange and you will get a certain amount according to the calculation, if there is no APR/APY explained in the staking offer then you should question it all to the broker, and it could be a scam, I don't know if Bitget is that bad, but if the APR/APY calculation is small you stake $4,000 BTC then it could be logical, but if it does not match the calculation with the APR/APY offered then it can be said to be a scam, you can report it to their Launchpool.

Usually the launchpool on Bitget and Bybit has a limit if I'm not mistaken $2000 in USDT but it's really bad if only getting $1 is not worth the risk of staking thousands of dollars. While the launchpool on Binance has no limit, of course the whales will enjoy more allocations, so this could be a game of manipulation by the whales. But now I never join any launchpool sometimes the profit is no longer high.

That's one trick, offering a great APR so that they can attract more investors. But we don't know, they can change the rule anytime and then we all know that your funds are lock in and trap. Maybe in the beginning staking has been great because it give one project more liquidity. But as time goes by, there could be many loopholes that investors might be set in and then there's no way out. So now, it's not as it used to be, so for me, it's not ideal unless you really knows what you are doing here.

So far the service you are using is safe and I have done a little research on Solayer, and some other staking services. I think they are still under strict supervision because they have big investors but I still don't fully risk too much. Under $1000 might be enough because if you are just looking for profit from the APY they offer, you usually also get some bonus points in some projects that are partnerships. If you are lucky, the points you get can be a benchmark for airdrops that are profitable in the future.

Instead of risking my coins on any staking protocol, I would rather hold in my personal wallet. The risk of staking coins can not be overemphasized, once you don't have your coins in your full control, you can be at risk of losing everything if there's any hack or perhaps if scammers bridge your phrase through those website that you are connecting your wallets to. "Not your key, not your coin" That's the anthem of crypto investment.

I think the limit is to ensure fair participation and limit whales activity. Poolx is more lucrative due to obvious factors though you can consider that. There's one going on with BR Rn it's for the best APR, and with the token trending rn, could be a good bet.

APR is good, but it's till giving us small money consider there is a cap about how much we would able to stake. I have participated in BR IDO on pancake, and got around 500% return instantly. This is something i can't get from doing launchpool.   The distribution method was a pro rata based, and it's much more worthy instead of doing launchpool. The good thing is that BR's price increased significantly, and helped our porto to moved up. Sadly, i have sold mine for 5x times profit.

Doesn't matter the exchange either centralized or Decentralized but the major criteria is that, staking is not worth it if your going in with smaller capital, you can stake for 2 year and got peanuts out of it. It's even more worse when doing it on decentralized finance platforms where you could pay transaction fees multiple times, example, paying for validation fee, blockchain fee when confirming transaction transaction, staking fee, re staking fee also and much. Also, APR are not always accurately when the staking has started, you'll be promised 10% APR for example, but you'll be given something different from the agreed percentage when staking starts, it's always confusing and most dex haven't said the truth about their staking APR.

But, in my entire experiences with cryptocurrencies, I have never come across a coin with staking feature and sustaining till date (ethereum could be the different one which may be due to its lateral introduction of this feature). I mean to say, all the coins which comes up staking feature losing its value over the time as people are immediately cashing out all the profits from staking. Clams, reddcoins are few of the coins I tried for staking, honestly I could not recall all my list of staking coins. But, no single coin survived still date from my list. I am also staking TRX and ADA in some exchanges and wallet but I never followed the returns for meeting the promised APR. After reading your post, I guess that I must check my staking profits.

Base on what I received from the last staking I did on binance with a few coins of mine for about 90days  I think I would prefer keeping my coin and waiting for a trading opportunity which am convinced I would rather make much profit on that than what I got from the total coins. Within those 90 days I saw quite good trading opportunities which I couldn't take because I already had my coins staked. So in my opinion if you're a trader staking won't favour you as much as  trading with those coins would.