Benqi Liquid Staking

Benqi Liquid Staking

Intro:

BENQI Liquid Staking (BLS) is an Avalanche liquid staking solution that tokenizes staked AVAX. By tokenizing AVAX through liquid staking, users can use, swap or collateralize the yield-bearing asset within Decentralized Finance applications.
BLS is a capital-efficient staking product that allows Avalanche users to:
  • Freely transfer locked-up capital (staked AVAX) staked in validators in securing the Avalanche network;
  • Gain additional utility on their yield-generating asset by utilizing it within Decentralized Finance by trading it or using it as collateral; and
  • Seamlessly stake their AVAX on the Avalanche Contract Chain (C-Chain) with no tedious cross-chain transfers or server hosting.

✏️
Want to add more information or edit this page? Submit this FORM.

Supported Ecosystems (Blockchains):


Supported LSTs:


Protocol Token:

QI
QI

Resources:

Website:

DefiLlama Dashboard:

Documentation:


⚠️
This is a LIVE document, continuously updated by the protocol teams, communities and contributors. Note that the information in this Notion board might be outdated or wrong. The contributors are not liable for any incorrect or incomplete information within this Notion board.