Sui Staking Tutorial (For Beginners)

Beginner's Tutorial into how to stake SUI on SUI Blockchain. We are going to explore Epochs and what they are, Validator options, Sui Staking APY, Reward mechanism and Touching lastly on Liquid staking on SUI and what exactly it is and what are the risks of it. #SUI #Crypto #cryptotutorial

💧Buy SUI From These exchanges
➜ Gate - https://www.gate.io/referral/invite/LITECRYP_0_103
➜ Bybit - https://partner.bybit.com/b/liteliger
➜ Binance - https://www.binance.com/en/register?ref=FQ19HB2R

💧Liquid Staking Platforms for SUI
➜ Volosui - https://www.volosui.com/leaderboard?referralCode=042BE
➜ Aftermath - https://aftermath.finance/stake
➜ Haedal - https://www.haedal.xyz/

It is as important also to choose good validators for maximizing potential rewards via aidrops for example, ones I would recommend based on that would be Nansen, Aftermath, Suilend, MarginFi, Studio Mirai, Cetus and Navi Protocol. There might be others which i'm unaware of that might be planning additional benefits and rewards for their stakers.

⚠️ Risks of Liquid Staking: While liquid staking offers flexibility and potential yield farming opportunities, it also comes with risks. The biggest concerns include smart contract vulnerabilities, loss of peg between staked tokens and their liquid derivatives, and reliance on third-party platforms. If the protocol managing your liquid staked tokens is compromised or poorly maintained, your assets may be at risk. Additionally, regulatory uncertainty and slashing penalties from the underlying validator network can also impact your staked rewards. Always do your own research and choose reputable platforms.

(Despite the little risks that may happen with Liquid staking, i'm still big supporter for it, especially when it comes to situation with SUI Blockchain)

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