Liquid Staking
Liquid staking is a variant of staking that locks crypto-assets to secure a blockchain using Proof-of-Stake consensus.
In traditional staking, the locked crypto-assets remain tied up and cannot be used. In liquid staking, the user instead receives a token representing the locked assets; this token can be used for other operations while the assets remain staked.
The rewards associated with staking are not guaranteed interest; they are variable and depend on the protocol’s rules, the total amount of crypto-assets staked, and network conditions. Liquid staking also introduces specific risks, including the technical risks of smart contracts and potential price differences between the representative token and the underlying asset.
Disclaimer: liquid staking is a service offered by Young Platform, but it falls outside the scope of authorisation under Regulation (EU) 2023/1114 (MiCAR) and its regulatory guarantees. It is not an investment service, and rewards are variable and not guaranteed. For the applicable conditions, please refer to the General Terms and Conditions.