# Nixo & Dmitriy debate on liquid staking

Source: https://x.com/KiwiNewsHQ/status/1861770062866116679
Kiwi News: https://news.kiwistand.com/stories/Nixo-and-Dmitriy-debate-on-liquid-staking?index=0x6747249979e9806310293adedb8afdbe5d77910d3b4323689f1413448689bbe1c1e7ead0
Submitted by macbudkowski.eth on 2024-11-27 UTC, 1 upvote, 0 comments

## Summary

Nixo argues that the main risk of liquid staking is that most people who delegate through it are disinterested actors. According to Nixo, they deposit funds seeking yield, often without paying attention to the chain or taking a long-term view of it. The remark came in a debate with Dmitriy (@d_gusakov) at Devconflict, moderated by crainbf and described as one of the spiciest debates of the event. A full video of the debate is available, along with a writing contest on staking.

## Article

"That is an inherent risk with liquid staking. It's that most of the people who end up delegating to those delegates are disinterested actors. 

They throw their money in, they're looking for yield, they don't necessarily pay attention or care what's going on with the chain, and they don't have a long-term view of the chain."

@nixorokish replies to @d_gusakov about the liquid staking risks in arguably the spiciest Devconflict debate, moderated by @crainbf

You can watch the whole video and share your two cents on staking in our writing contest. 

More info below 👇