To understand what staking is, please visit here:

Whilst the risks of staking assets are minimal, it is never entirely risk-free.
Risks could involve, but are not limited to:

  • Forgetting your seed phrase/private key (not being able to access account).

  • Not having the correct securities in place and being susceptible to a hack.

  • Not earning rewards.

  • Locking an asset into a staking/un-staking period for x amount of time and not being able to sell when desired.

  • Paying a fee to un-stake an asset instantly.

  • A drop in the asset's price.

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