Overall, its unclear to me the risk involved in staking eth with kiln or lido using ledger. Can someone explain to me if using a ledger makes this foolproof or is there a way for someone to take our funds even with the use of ledger?
A few questions:
- How is this integration more secure with the use of ledger?
- Kiln doesn't have as many green checks from ethereum.org, has anyone had any issues with this?
- Any other upsides or downsides for anyone who has experience with this?
- I've heard that smart contract vunerabilities could lead to siphoning of user funds from kiln or lido, but is this still the case when using ledger? or is it because they stole funds there is no liquidity? someone please explain clearly