Since the introduction of our liquidity provision program (commonly referred to as “staking”), we have generally used the term “Staking Vaults” in our public communication around the program.
This will change as of 2026.
Going forward, we will align our naming more closely with the actual functionality of the product and with the general common parlance used across the broader “crypto / DeFi” ecosystem.
As such – while the underlying functionality remains exactly the same as before and as you have known it – we will from here on out refer to these structures more precisely as staking pools and / or liquidity pools.
In hindsight, the term “vault” was likely not the best choice. A vault typically implies an object or system designed primarily for secure storage – something that is intentionally made harder to access or remove assets from than it would be without such precautions.
Our staking infrastructure, by contrast, is first and foremost a liquidity provision mechanism, not a long-term cold-storage solution – and our terminology should reflect that more clearly.
But that is not what our staking / liquidity pools are.
Participation in our liquidity provision program requires clients to give up custody of their coins and to entrust a third party (in this case: us) with those assets.
This is, generally speaking, a bad move – unless you really, really know what you are doing and can afford to take on the counterparty risk that inevitably comes with giving up self-custody.
While our liquidity providers (LPs) offer a highly valuable service to the platform – their liquidity allows us to operate a smooth, instant-swap exchange across a wide range of digital assets (without having to carry all of those assets on our own balance sheet) – it must be clearly understood that this program is only suitable for sophisticated participants.
Specifically, it is intended for users who understand the risks involved and who have the financial resilience to endure adverse outcomes should things go wrong.
LPs are providing liquidity to an online service. That liquidity is held in an open pool, with withdrawals possible at any time. It is not “locked away” in a vault or otherwise isolated from operational use.
For these reasons, both the imagery and the terminology of a liquidity pool describe the function of this exchange feature far more accurately – and they are also much closer to the established common parlance used throughout the broader crypto and DeFi ecosystem.
On actual “vault-like” security
If you are specifically looking for additional security – the kind of protection people usually associate with the word vault – other parts of our organization are better suited for that purpose (at a cost).
If you are looking to separate your private keys from any internet-connected device, our colleagues at BitcoinVN Shop – an official hardware wallet supplier – stock the latest genuine models from leading manufacturers such as Trezor and Ledger, available for fast domestic shipping within Vietnam.
- If you are looking to strengthen your operational and cybersecurity setup more broadly, BitcoinVN Consulting provides professional guidance backed by more than a decade of experience securing digital assets across a wide range of threat models and environments.
- And if you are looking to secure assets using the industry gold standard – multi-vendor multisig – our team is also able to assist with professional, well-structured solutions in that area.
As always: choose the tool that actually matches the risk profile you are trying to manage and err on the side of caution.
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