Risks and Limitations

Liquid staking introduces convenience, but it does not remove protocol-level risks.

Slashing Risk

If an operator is slashed, the vault’s underlying delegation is reduced and the share value drops. Share transfers do not avoid this risk.

Delayed Exits

Redemptions are asynchronous. Shares are burned at requestRedeem, and assets are only available after the protocol delay window elapses.

Fixed Vault Configuration

Vaults are fixed to one operator, one asset, and one blueprint selection mode. Changing exposure requires moving to a different vault.

Reward Pass-Through

Rewards accrue to the vault address as the delegator. The vault does not distribute rewards to share holders by itself, so integrators must add a pass-through mechanism if required.

See Claiming Cheatsheet for the protocol claim surface.

Asset Availability

Vaults can only be created for assets that are enabled in MultiAssetDelegation.

Native Asset Support

Native-asset unwrapping is not enabled in the current vault implementation. Use wrapped assets when available.

Redeem Request Matching

redeem matches the first claimable request with the provided share amount. Avoid multiple outstanding requests for the same share quantity to prevent ambiguity.