The dominance results apply to delegated staking relationships — delegator and operator, staking-as-a-service, and restaking-style delegation with exit rights and refundable principal — and not to self-staked consensus participation.
Source quote, verbatim
The results apply, on the model’s primitives, to delegated staking relationships: delegator and operator, staking-as-a-service, and restaking-style delegation with exit rights and refundable principal. They do not apply to self-staked consensus participation.
From
Wulf A. Kaal, Refundable Stake Does Not Expand Deterrent Capacity in Long-Lived Delegation: Collateral, Premia, and Pseudonymous Markets (2026), 6 The regime map and the capacity prediction, p. 9 https://ssrn.com/abstract=7322599 · source PDF
Cite as
Wulf A. Kaal, Refundable Stake Does Not Expand Deterrent Capacity in Long-Lived Delegation: Collateral, Premia, and Pseudonymous Markets (2026). SSRN: https://ssrn.com/abstract=7322599
Holds when
the model's primitives; a scope statement, not an extension
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