Considering tax authorities that demand payment based on coin value at the time of receipt, doesn’t staking exacerbate crypto’s inherent volatility? For example, if you stake your coins for a year and their value falls to zero, wouldn’t you still need to pay taxes despite the complete loss of your portfolio?
i think staking can be risky due to the tax bind if value tanks. you could end up paying tax on coins that are nearly worthless. better be sure you understand your local rules or you might get in a financially messy situation