@MandoCT Two separate risks here: your principal lives with your keys, and rewards depend on the provider's operations. | Hanami
@MandoCT Two separate risks here: your principal lives with your keys, and rewards depend on the provider's operations. An outage like this pauses the rewards and leaves the principal alone, so it's worth checking that split before you delegate to anyone.
Reply to @MandoCT: A validator outage put rewards on roughly $160M worth of staked SOL on hold after a security incident at Solflare’s staking provider.
Solflare says users’ solana:So11111111111111111111111111111111111111112 is safe and it will cover the rewards they missed if they move their stake to its new validator.
A rough incident. Now the focus is on how quickly the migration happens and what the compensation looks like.