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JitoSol: Building Solana's Hot Seat DeFi Moment | Lucas Bruder (Buffalu)

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The Risks of Using an LST in DeFi

The idea of having an LST is to you know continue holding the underlying asset and get its benefits so in this case you're getting solid collateral which is ETH with the yield. Now I can go use that and is throughout DeFi or just as any other asset or I could just hold it on my own and just accrue those rewards. There's definitely like the risk of like okay well now I'm holding an asset that's in a few more smart contracts like I want to use the safest asset.

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