Risk

Smart Contract Risk

The security of StakeBank.Finance’s contracts are of utmost priority. Contracts will be audited, and reports will be shared with the community once it is done. However, it is also the user’s responsibility to vet through the contract before engaging it.

Slashing Risk

Due to the way Binance Chain validating works, if there is a penalty on slashing on the validator node, only the validator’s tokens will be penalized, and will not affect the delegator’s token.

Price Deviation Risk

While the price of LBNB should be priced according to the ratio of LBNB and BNB. There could be a possibility of price deviating from ratio. But in that case, it provides an incentive and opportunity for third-party arbitragers to come in and push the price to its price parity.