Want to participate in gLP staking? The process is simple—deposit ETH to receive gLP tokens, and then just wait for the earnings to be credited. There are three sources of income: first, a 10% share of the protocol revenue; second, native staking rewards from reserve assets; third, potential RDNT incentive tokens. Of course, this mechanism also comes with risks—if a repair payout is triggered, the staked assets will face slashing risk. Weigh the rewards and risks to decide if it's suitable for you.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
14 Likes
Reward
14
5
Repost
Share
Comment
0/400
HashBard
· 01-19 19:07
tbh the "sit back and collect yields" narrative hits different when slash risk enters the chat... three revenue streams sound pretty on paper but that redemption trigger? yeah, that's the plot twist nobody wants in their portfolio. pass or load up, depends on how much you're willing to gamble on protocol stability i guess.
Reply0
AirdropGrandpa
· 01-19 19:07
Waiting for the profit setup sounds comfortable, but when faced with slash risk, you realize what losing really means.
View OriginalReply0
SandwichTrader
· 01-19 19:01
Three-layer returns sound good, but how much can you actually get? The slash risk is the real trap.
View OriginalReply0
unrekt.eth
· 01-19 18:44
Sounds good, but can you really accept the slash risk...
View OriginalReply0
HodlAndChill
· 01-19 18:37
Waiting to earn profits sounds too good to be true, but the key is to beware of the slash risk... Is it real or not?
Want to participate in gLP staking? The process is simple—deposit ETH to receive gLP tokens, and then just wait for the earnings to be credited. There are three sources of income: first, a 10% share of the protocol revenue; second, native staking rewards from reserve assets; third, potential RDNT incentive tokens. Of course, this mechanism also comes with risks—if a repair payout is triggered, the staked assets will face slashing risk. Weigh the rewards and risks to decide if it's suitable for you.