Regulatory Alerts2024-12-04
FSRA Consultation Paper No. 11 of 2024 Attachment 1: Business Models and Key Risks Associated with VA Staking
The Financial Services Regulatory Authority (FSRA) outlines various virtual asset staking business models, including solo staking, staking-as-a-service, pooled staking, and centralized intermediaries. The document details critical risks associated with these models, such as validator performance issues, slashing penalties, smart contract vulnerabilities, and liquidity constraints. It further identifies network-level threats including blockchain exploits, validator selection attacks, and potential network takeovers.
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