Staking has its risks mate if that project value goes down it will affect your rewards, if you can only stake the project on a exchange anything can happen to the exchange, don't ever believe that there is no risk involved in staking coins if anyone told you otherwise you've been lied to.
true, staking also has risks but at least by staking the number of tokens we have can increase.
So far staking is quite effective in making the value of a coin go up because staking is able to attract the attention of many new investors and staking can also cause the coins circulating in the market to decrease. if the coin you are staking is a stable coin of course the risk you get is getting smaller because the value of the coin you are staking will not change.