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Cardano Contingent Staking
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Selected claim, opposing its parent
Cardano doesn't need Contingent Staking because you can already do all of things it aims to do using private pools instead.
Pros
Cons
Pro claim 1
with smart contracts you can make it liquid and not custodial
Con claim 1
It would sacrifice safety and ease of access for the people using those tools. CS is the safest and simplest way to do it well.
Con claim 2
Not necessarily correct, private pools have no means to verify compliance of stakers to certain rules that the SPO might need to set
Con claim 3, children below
Using a private pool likely means giving up custody and liquid staking if you are not the pool owner.
Con claim 4
Private pools who want to do KYC or other means of selecting delegators would probably have to do so off-chain.
Con claim 5
Both private pools and CS pools are permissioned by the pool operators. But the network itself remains permissionless for anyone.
Con claim 6, children below
EXCEPT, the lack of contingent staking will force private pools (good or bad) to become custodians, thus undermining the goal of self-sovereignty supported by the rest of Cardano protocol, and creating unnecessary counterparty risk for delegators.