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Harmony
$0.1928 -22.78%
ONE · 6d

Is there any real downside to staking wsWAGMI on Hermes Defi?

I’m in WAGMI long, as of now I’ve just been staking and chilling. I see you can stake your wsWAGMI on Hermès for 115% APR. is there really any downside to this? There’s a 2% deposit fee but at the current index rates for WAGMI you gain 2% in a day, so this is recovered quickly. Doesn’t seem to be any lockup period or anything like that. Seems like a pretty easy and risk free way to earn some extra cash if you already are holding WAGMI.......which leads me to ask am I missing something? TYIA
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