BENQI Liquid Staking

BENQI Liquid Staking

BENQI Liquid Staking allows users to stake AVAX and receive sAVAX, unlocking their capital.
Distributed

Description

BENQI Liquid Staking is a project that enables users to stake their AVAX tokens and in return receive sAVAX, which allows them to unlock and utilize their capital while still earning staking rewards. The platform offers an annual percentage rate of approximately 5.78%, with a current total of 7,419,194 AVAX staked by 49,499 stakers. The project is currently in beta and advises users to participate at their own risk.