What are the risks associated with staking in Nexus Mutual?
The primary risk associated with staking in Nexus Mutual is the risk of loss of funds.
Staking involves locking up funds for a certain period of time, and if the market conditions change during that period, the value of those funds may decrease. Additionally, there is a risk that the staked funds may be lost due to technical issues or malicious actors. Another risk associated with staking in Nexus Mutual is the risk of not receiving rewards.
Staking rewards are not guaranteed and can vary depending on market conditions and other factors. If the rewards are lower than expected, then it could result in a loss of potential profits. Finally, there is also a risk that the staked funds could be stolen by hackers or malicious actors.
This is especially true if the user does not take proper security measures to protect their funds.
