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About BENQI Liquid Staked AVAX
BENQI Liquid Staked AVAX (SAVAX)
BENQI Liquid Staking represents a groundbreaking innovation in the Avalanche Ecosystem, establishing itself as the first liquid staking protocol designed specifically for the Avalanche network. By staking your AVAX tokens with BENQI, you receive sAVAX, an interest-bearing version of AVAX that empowers users to maximize their earnings.
Key Features
- Dual Rewards: Users not only earn rewards for securing the Avalanche network but also have the opportunity to engage in the vast world of DeFi. This means that while your assets are staked, they can continue to generate additional income.
- Liquidity: With sAVAX, users maintain liquidity on their staked assets, allowing for greater flexibility and utilization within the DeFi space.
- Seamless Integration: The protocol is designed to integrate effortlessly with various DeFi platforms, enhancing the usability of your staked assets.
By leveraging the liquid staking feature, BENQI enables users to optimize their investment strategies, making it an essential tool for anyone looking to maximize the potential of their AVAX holdings while participating in the thriving Avalanche ecosystem.
Categories
Avalanche Ecosystem
Liquid Staking Tokens
Liquid Staking