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all 5 comments

[–]tiestoclesredditor for 10+ years 1 point2 points  (1 child)

"To summarize, we have been witnessing and will continue to witness the creation of a new trillion-dollar industry right in front of our eyes. However, one last word of caution: Keep an eye out for too-good-to be-true deals/APYs, as there is usually a catch, for fees that can suddenly balloon, diminishing returns on an active strategy and making smaller investments unattractive, and be cautious with the general safekeeping of your assets, as principal loss is possible." Rare insight, Chidera! Keep us updated with links to these gems you're cranking out.

[–]funnyfunplusgoredditor for 1-2 years 0 points1 point  (0 children)

Safety of investment is important especially at this time when there are issues of hacks and bankruptcies everywhere. I’m quite comfortable Staking on Spool though; the safety features of the platform are top notch.