Is My Crypto Safe When Staked on Pluang?
Yes. Your staked crypto remains your property at all times. Pluang does not lend or transfer ownership of your coins. Staked assets are held via institutional-grade custody infrastructure (Fireblocks and ICC), and you retain ownership throughout bonding, staking, and unbonding.
How Pluang protects staked assets:
- Custody: Staked coins are held via Fireblocks and ICC — the same infrastructure used for all crypto on Pluang.
- Ownership: Your coins are never lent out to third parties. Staking means delegating validation rights to a validator node — not transferring ownership.
- On-chain delegation: Pluang delegates your coins to reputable validator nodes. The delegation is on-chain and verifiable.
- Slashing risk: Some Proof-of-Stake networks allow penalties if a validator misbehaves. Pluang selects validators carefully to minimise this risk.
Related questions:
Q: Does Pluang lend out my staked coins?
No. Staking delegates validator rights only. Pluang does not lend your coins to any third party.
Q: Is there a risk I could lose my staked coins?
Slashing is a theoretical risk on some networks if a validator behaves improperly. Pluang works with reputable validators to minimise this risk. Market price risk still applies.
Q: Who is Fireblocks?
Fireblocks is an institutional digital asset custody and transfer platform used by Pluang to safeguard crypto assets with enterprise-grade security.