Just another reminder that staking tokens carries massive downside risk in most cases.



Personal example: grabbed 107k $U tokens from Union protocol and threw everything into their prestake program. Peak valuation? Hit around $3 per token.

Fast forward to now and... well, let's just say the returns didn't pan out like expected. Almost every staking play I've touched has turned into a value trap. The APY looks sweet upfront, but token depreciation eats it alive.

Maybe I'm just picking the wrong projects. Or maybe the math simply doesn't work for 99% of these staking mechanisms.
UNN-0.02%
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